Gregg Gethard
Private and community foundations, which enjoyed massive returns from venture capital last year, anticipate increasing their allocations to private equity at higher rates than other asset classes over the next three years, according to fresh research from Commonfund Institute.
ESG and impact investing organizations are taking note as America’s fourth biggest pension system acts against the movement.
The $104bn pension fund is an investor in more than 150 venture funds, including vehicles managed by Index Ventures, Sequoia Capital China and Spark Capital.
IR and business development professionals field impromptu calls with LPs and search for allocation possibilities while also assisting with deal flow.
'Thinking of pension systems only in terms of the stock price return may have worked in 1945. But in 2025, it might not be that simple.'
The proposed policy would allow staff to bypass board approval and bidding processes for certain investments.
The $2.1bn Oregon Common School Fund will now target a 15% allocation to private equity.
The denominator effect, distribution pacing and increased workloads have led some LPs to finally take a deep breath.
As is usually the case, increased rules mean higher compliance costs for those advisers who fall under regulation. For the biggest firms in the industry, those costs can be handled, but for smaller shops, and especially emerging managers, those costs could prove harmful.
ESG considerations and diversity among management teams rank low as a priority when sourcing managers, according to a new survey conducted by law firm Seward & Kissel.