The US pension plan discussed five-year scenarios that include annual commitments of $400m, $550m and $700m.
2 min read · 11 October 2019
Management fees drop as North American managers seek to compete for LP allocations with their European counterparts.
2 min read · 07 October 2019
The $240bn pension aims to be the ‘partner of choice’ for managers, operating companies and its peers in direct structures. Deputy CIO Scott Chan tells Kyle Campbell how CalSTRS’ ‘collaborative model’ is the blueprint to achieve these goals
10 min read · 02 October 2019
It’s a time to be alive to questionable claims as well as the requirements of a changing market, according to investors at the PDI New York Forum.
2 min read · 01 October 2019
The Canadian pension has scaled up its credit operations in North America and Europe and is turning to China and India. John Graham, global head of credit investments, explains the strategy to Andy Thomson. Additional reporting by John Bakie and Andrew Hedlund
9 min read · 01 October 2019
LPs and bankers had some advice for GPs on competitive differentiators, workout processes and predictions of private debt performance.
3 min read · 26 September 2019
Unitranche has found favour post-GFC as a result of its simplicity. But investors should make sure not to ignore it goes much deeper in the capital structure than traditional first lien senior secured debt.
3 min read · 26 September 2019
PDI reports key takeaways from three Canadian pension funds – CPPIB, OMERS, and PSP – at the Asia Summit in Singapore hosted by Milken Institute last week.
2 min read · 24 September 2019
A recent roundtable revealed managers have new strategic priorities and different sources of capital to target.
3 min read · 19 September 2019
The reconfiguration defines an emerging manager as a GP on its first or second fund and has less than $5bn in AUM.
3 min read · 18 September 2019
