Remove Buyout Remove Consultants Remove Pension Funds
article thumbnail

PSP and OTPP Selling $1 Billion-Plus PE Stakes

Pension Pulse

Chris Witkowsky of Buyouts reports Canadian giant PSP Investments shops $1 billion-plus portfolio: PSP investments is shopping a large portfolio of fund stakes that could total up to around $1.5 billion, according to sources and confirmed by the pension system in a statement to Buyouts. The system managed about C$264.9

Stakes 59
article thumbnail

Robert Poirier to Lead OMERS Governance Review; OPE Acquires Integris

Pension Pulse

He was the long-time chair of the Toronto Port Authority and, earlier in his career, advised a committee of Canada’s Senate on issues that included the creation of major public-sector pension funds such as the Public Sector Pension Investment Board. Still, I will wait to read the final report to see what Mr. Poirier has to say.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Comvest Partners closes sixth PE fund 

Private Equity Wire

Middle-market private equity and credit investment firm Comvest Partners has closed its sixth flagship private equity fund, Comvest Investment Partners VI (CIP VI), with total capital commitments of $881m. CIP VI attracted commitments from foundations, insurance companies, pension funds, asset managers, consultants and family offices.

article thumbnail

PE activity weakens in H1 as survey shows tentative signs of optimism

Private Equity Wire

In partnership with global management consultancy Arthur D Little, Invest Europe has also released its annual sentiment survey. A total of 3,524 companies received backing in the first half, a more moderate 26% decline from last year, reflecting smaller average investment sizes across buyouts, growth, and venture capital.

article thumbnail

Louisiana State Employees’ Retirement System commits $225m to PE investments

Private Equity Wire

The Louisiana State Employees Retirement System (LASERS), based in Baton Rouge, has approved $225m in new private equity commitments as part of its ongoing efforts to bolster private market investments, according to a report by Pension & Investment Online. As of 30 September, the funds actual allocation stood at 21.5%.

article thumbnail

How CDPQ Used the Secondaries Market to Address Overallocation

Pension Pulse

In late 2022, the system explored a sale of its PE fund stakes that was reported to be worth more than $1 billion, before ultimately deciding to hold off as markets deteriorated and pricing outlook appeared bleak, as affiliate title Buyouts reported at the time. billion to an investor group led by Goldman Sachs in 2018.

article thumbnail

CDPQ's Head of PE on Vintage Year Diversification and Managing Liquidity

Pension Pulse

In late 2022, the system explored a sale of its PE fund stakes that was reported to be worth more than $1 billion, before ultimately deciding to hold off as markets deteriorated and pricing outlook appeared bleak, as affiliate title Buyouts reported at the time. The worst thing that can happen at a pension fund is to miss a vintage.”