“Nothing the managers said today gave me any confidence that we’re going to get distributions to the level of NAV they’ve marked on their portfolios,” says Marin County board president Sara Klein.
LP stands for 'Limited Patience' as overworked, overextended and stressed-out professionals cut ties and create a brain drain.
A new survey from Goldman Sachs Asset Management found that 48 percent of LPs plan to increase their allocations to secondaries.
By partnering with multiple technical universities and engaging corporations seeking to innovate, the Brussels firm plans to fast-track commercialization of new technologies.
During Musicco's brief tenure, CalPERS substantially boosted its investment in venture capital funds as part of a larger effort by the CIO to grow private market exposure.
Sapphire Partners will assume investment management responsibilities of five of CalSTRS' existing new and next-generation manager funds.
The system’s investment staff may expand target ranges, among other tweaks, as its cashflow needs change.
The annual gathering of Black and Latinx entrepreneurs and investors offered practical advice for fundraising outreach to limited partners.
Local energy companies Devon, Williams and Oneok are founding partners of an incubator and venture fund aimed at jumpstarting an innovation economy in Oklahoma’s second largest metro area.
The UK government-backed investor joined Spanish investment firm Aldea Ventures, UK impact investor Big Society Capital, US family offices and funds-of-funds managers.