Peter Cashion, managing investment director for sustainable investments, will present the plan, which includes another $53bn for climate solutions investments, 10 more sustainability staff, scenarios analyses and options for divestment.
'We’re going to see [LPs] asking investors to be more patient, to not call capital, to extend the life of that fund and really slowly deploy capital until we see start seeing more returns,' says Jackie Spencer of SVB.
“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.
The fifth annual Rising Stars celebrates the achievements of people under the age of 40 in the venture capital industry. The deadline for nominations is November 1.
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.