Alfie Crooks

The pension plan reduced its combined buyouts and venture capital target to 19 percent from 20 percent, citing long-term liquidity goals and 'negative cashflows.'

The sovereign wealth fund will look toward more investments in venture capital funds, along with wider definitions of in-state impact, in an attempt to revamp the program.

ILPA’s senior leadership says members are sticking to their current portfolios and taking a long-term outlook on public market volatility.

Of the four private equity commitments the pension has made since 2019, two were for venture capital funds and one was for a growth equity vehicle.

A proposed increase of the size and scope of the existing US endowment tax will likely force many endowments to increase their commitments to private equity.

LA Fire and Police Pension is not alone in sudden concern for an acronym that has become a flashpoint of controversy in America’s culture wars.

Citing poor performance, most LPs surveyed by Coller expect to decline to reinvest with some existing GP relationships.

The board of the sovereign wealth fund is considering a proposal to increase its target allocation to venture capital strategies to a range of 10-25% from a range of 0-5%.

CalPERS’ proposed total portfolio approach would aim to provide a more holistic and unified approach to both risk and benchmarking, eliminating the silos between asset classes.

The system approved a boost in its target private equity allocation up to 20%, from its current target of 13%.