Discussion of a proposed California bill that would limit pensions’ investments in buyout firms linked to certain sovereign funds has been delayed following a rare op-ed in which the famous governor called the bill ‘ineffective'.
The Scandinavian country’s finance ministry has approved a plan for the state’s oil fund to begin investing in real estate, allocating 5 percent to property investment.
LP Capital, a California-based firm that is also one of CalPERS’ advisors, beat out StepStone to replace Portfolio Advisors as the US pension’s private equity gatekeeper.
The China Securities Regulatory Commission has taken steps to give the country’s securities firms access to the private equity market, as China continues to formalise its regulation of domestic private equity.
The New York Common Retirement Fund has taken a 51% stake in Public Storage’s Shurgard Europe operations.
The Indian alternatives manager has completed fundraising for its third private equity fund in less than three months, bringing its assets under management to more than $1.4 billion.
The listed European company has taken another step on the way to investing a total of €900 million in the distribution facilities private equity real estate vehicle, PEPF.
Amid significant turnover, former vice president of private equity Jane Mendillo will return to the world's largest university endowment after leaving the Crimson for Wellesley College in 2002.
The pension fund, which owns direct and indirect property holdings, has teamed up with London real estate company Great Portland Estates to create a mixed use block.
The New Jersey Division of Investment has proposed commitments to four private equity funds following an increase in allocation limits for alternatives.