CPPIB considers impact of size
As the Canada Pension Plan Investment Board gets larger, it is considering how to retain its sizeable private-market holdings with public proxies. It’s a ‘capacity issue’.
CalPERS says no to adding leverage
The California Public Employees’ Retirement System announces it won’t be introducing leverage, and gives some details on how it will choose a portfolio in December from the four it’s considering.
NBIM takes aim at forex practices
The manager of the $1 trillion Government Pension Fund Global has adopted the FX Global Code of Conduct and expects its counterparties to do the same. But the pension giant hasn’t stopped there.
Alaska Permanent braces for cash call
Alaska’s APFC faces an uncertain future as state lawmakers consider tapping into it to address budget shortfalls. The potential cash call makes fund CEO Angela Rodell’s job that much tougher.
Asset owners rethink private equity
As structural shifts in the asset class have reduced persistence and returns, even long-time players have had to re-think strategy. So how have they adapted?
Private equity persistence slips
Private equity is undergoing a structural change – with persistence and performance waning – but co-investment may not be the panacea, MIT’s Antoinette Schoar discovers.
