The Ontario Municipal Employees Retirement System has attributed strong 2007 returns to its alternatives allocation, including private equity, real estate and infrastructure.
The Canada Pension Plan Investment Board reveals expansion plans for Asian real estate just as it announces a joint investment of $400m in a new China fund with Ontario pension fund.
The PCG spin-out has hired another ex-PCG executive, Stephen Moseley, who will establish the advisory group’s New York office and lead co-investment activities.
The public pension has set policies for three of the four components making up its inflation-linked asset class, but said infrastructure policy will be considered later as it is the ‘most complex’.
The public pension has set criteria for three of the four components making up its inflation-linked asset class, but said infrastructure policy will be considered later as it is the ‘most complex’.
The US bank has recruited the team of Asia Pacific-focused firm TVG Capital Partners, becoming the latest bank to increase its direct investment role in the region.
Amidst heightened interest in Latin America's largest country, the joint venture would be the third such fund formed by the two partners.
Phil Angelides, who recently was beaten by Arnold Schwarzenegger in the Golden State gubernatorial race, will be tasked with expanding Canyon-Johnson’s ‘green’ investments in urban markets across the US.
The highly anticipated secondary market sell-off of a portion of CalPERS’ massive private equity portfolio has begun, with publicly traded Conversus acquiring $200 million in mostly special-situation fund interests. Oak Hill and three other firms also purchased fund interests, details of which remain opaque even to secondary market insiders.
Despite the slowed LBO market, US pension funds’ private equity appetites are as voracious as ever. Megafunds, mid-market specialists, distressed vehicles, and European and Asia-focussed funds are among the latest recipients of fund commitments.