Remove Debt Remove Due Diligence Remove Pension Funds
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MainePERS makes $200m alternatives commitment

Private Equity Wire

The Maine Public Employees Retirement System (MainePERS), based in Augusta, has approved two alternative investment commitments totalling up to $200m, according to a report by Pensions & Investments Online citing James Bennett, the Chief Investment Officer of the $20.2bn pension fund. of its total assets.

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Compenswiss: The due diligence process behind a new private debt allocation

Top 1000 Funds

Recent high profile investor losses under score the importance of due diligence. As Compenswiss looks to mandate new private debt managers, chief investment strategist Frank Juliano talks through due diligence processes at the Swiss pension fund.

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The Private Debt and Commercial Real Estate Crash Nobody Sees?

Pension Pulse

The 77-year-old billionaire told the Financial Times that big asset managers had competed aggressively to lend to the largest private equity groups as money poured into their coffers in 2020 and 2021, raising questions over the due diligence the funds conducted when they agreed to provide multibillion-dollar loans.

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AIMCo's CIO Talks Total Portfolio Approach, Private Credit and Risk

Pension Pulse

“The investment horizon for these assets is long and the ability to rebalance in the future is hampered,” warns Marlene Puffer, who joined AIMCo as CIO in 2023 from Canada’s railway pension fund CN Investment Division. Deals have not been done, or we’ve added more due diligence, as a result of these people,” she says.

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Regulators Demanding More Disclosure From Private Equity and Hedge Funds

Pension Pulse

Advocacy groups have accused the private fund industry of unfair, conflicted and opaque practices that hurt everyday Americans who invest in such funds through their pensions. It's not as if some state pension fund benefits from opacity," SEC Chair Gary Gensler told reporters after the panel's vote.

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Transcript: Michael Fisch

The Big Picture

And we did talk to a lot of people, but we were grateful to have a college endowment, a a publicly traded insurance company, a publicly traded company, corporations pension fund, and some wealthy individuals join our first fund, which was a mighty $71.4 Then I think you’re gonna find this to be a fascinating conversation.

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UPP Invests in Data Centre Developer Rowan Digital Infrastructure

Pension Pulse

Now their focus is turning to return-enhancing private debt and private equity with new partners in close relationships that will open the door to co-investment and direct participation down the line. We typically target the mid-market, where we can be meaningful, and every fund investment we have done so far has included an LPAC seat.