Managing volatility and inflation: Constant rebalancing shores up UK’s lifeboat fund

The £31.2 billion Pension Protection Fund runs o
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CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

Anton Orlich, CalPERS' newly minted deputy chief investment officer for private markets, says the fund’s July adoption of the total portfolio approach will not impede the private equity strategy launched in 2022, arguing that short-term relative-value calls made under TPA would be expressed in liquid markets and not by oscillating commitments to private markets. In an interview with Top1000funds.com, Orlich unpacks the asset class’s four-year transformation.

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Continuity, despite change, for FRR

France’s €36.3 billion Fonds de Réserve pour les Retraites has a positive outlook for Europe and is prioritising “de-carbonisation” and active strategies to position the portfolio for new trends.

GMPF prioritises low costs in LGPS pool

The combination of 89 local government pension schemes, (LGPS), into a pool of funds means significant and large direct investment in the UK is possible when pension funds work collectively.

Behind Mass PRIM’s hedge fund portfolio

The US$60 billion Mass PRIM has recalibrated its hedge fund portfolio moving from fund of funds to direct relationships, reducing fees, and using managed accounts. So what’s next?

German fund ÄVWL’s anti-cyclical ethos

Long-term investment in real estate, infrastructure and asset based lending, including financing ships and aircraft where traditional bank backers have fled, make up the German fund’s strategy.

Maryland manager roster ready for change

Maryland is focused on improving its under-performing absolute return portfolio, reducing the number of managers and looking to new asset classes, including emerging markets and technology.

Chile’s AFP Habitat’s adventurous course

As the Chilean government tries to settle on a new pension system to replace the one set up by dictator, Augusto Pinochet, AFP Habitat remains set on its own daring path.

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