Featured Homepage Articles #2

Carlyle MD says cycle isn’t done

Carlyle’s Jason Thomas says private-equity investors miss out when they try to call the top of the cycle. He thinks Trump’s impact has been overblown and that the current cycle isn’t done yet.
INVESTOR PROFILE

OTPP’s private equity revolution

A deep dive into the world-class private capital division of OTPP, led by Jane Rowe, reveals a strategy of buying large direct stakes in companies, and a commitment to innovation.
Featured Homepage Articles #2

Performance fees hardly worth it

An analysis of 218 Dutch pension funds has shown that paying performance fees has little impact on performance. Size of fund and specialisation were deemed more important for net returns.
INVESTOR PROFILE

CAAT sheds public equity

Canada’s fully funded Colleges of Applied Arts and Technology Pension Fund will move 15 per cent of its assets from public equities to real assets and private equity, following a review.
ANALYSIS

ILPA template adoption rate grows

ILPAs private equity fee template has gathered momentum, with some funds like New York State Common Fund making fee disclosure via the template a condition of investment in all new PE investments
INVESTOR PROFILE

AP3 explores equities and alternatives

AP3 looks to diversify its equity risk through an increase in alternatives. This story explores the evolution of the allocations and how it's tackling illiquidity and volatility.
INVESTOR PROFILE

PERA renames asset buckets

The Public Employees Retirement Association of New Mexico, is re-calibrating its asset allocation and re-adjusting private equity.
Featured Homepage Articles #2

Asset owners’ next battle

Asset owners are winning the argument to lower private equity manager fees; their next battle will be about the valuation of private assets.
ANALYSIS

Investor pressure on fees

Recent institutional investor pressure is changing the nature of private equity transparency and reporting of fees. An in-depth analysis of the changes.
INVESTOR PROFILE

Oregon’s evolving strategy

Oregon State Treasury has undergone material change to its structure and process evolving its investment strategy and techniques including smart beta, private equity and internal management.
OPINION

Investing in volatile markets

The Future Fund portfolio has material exposure to two asset classes out of favour with many long-term investors. Chief investment officer, Raphael Arndt, explains why.
OPINION

Cost disclosure overhaul

Investors should adopt the ILPA standardised fee reporting template for private equity, say Mike Heale and Andrea Dang from CEM Benchmarking