Rest Super’s selective approach to PE pays off as program comes of age

A concentrated bet on fewer, better GP relationsh
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Asset Owner:REST Super

One response to “Rest Super’s selective approach to PE pays off as program comes of age”

  1. Wiljay Bandara

    Good information well presented

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COAERS finds rich pickings in PE secondaries; warns of retail risk

COAERS finds rich pickings in PE secondaries; warns of retail risk

The exit drought and extended holding periods in private equity is causing mounting pain for many LPs. But for Austin-based COAERS, it is providing ample market to pick up bargains in the secondary market. Sarah Rundell spoke to CIO David Kushner.

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Asset owners demand more ESG from GPs

ESG is a core expectation of LPs in assessing private equity managers, and some asset owners including AP2 are willing to forego opportunities if a manager is not transparent on ESG, a panel at PRI in Person discussed.

South Carolina ramps up PE

The $31.3 billion South Carolina Retirement System Investment Commission has launched a co-investment private equity program in a bid to reduce risk and enhance returns. Partnering with Chicago-headquartered GCM Grosvenor, RSIC will tap Grosvenor’s own private equity deal flow, as well as introductions to the manager’s GP network.

Is PE a superior form of ownership?

Almost exactly 30 years ago, a famous article by Michael Jensen in the Harvard Business Review predicted that private equity would “eclipse” the public corporation because it was a superior form of corporate ownership. Academics at Oxford's Said Business School examine whether this prediction has played out.

Should PE underperformers be avoided?

There is a prevailing view among LPs that once a PE firm has an underperforming fund, the best way forward is to stop committing to future funds. But do outperforming funds that become underperformers deserve consideration?

Winter is coming

Investors are preparing for the future and the inevitability that 'winter is coming' by reducing exposure to risky assets, the delegates at the RFK Human Rights Compass conference heard.

LPs failing engagement in private equity

Engagement and stewardship in private equity has been left out in the cold. This is strange for an asset class with high returns and where the foundation is already in place for the asset manager to act on behalf of the asset owner for strong engagement. Bob Eccles encourages more action.

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