Home Institutional investors

institutional investors

OPIC nears PE investment mandate as House passes legislation

President Trump is likely to pass the BUILD Act into law after the bill goes back to the Senate for review.

Sofinnova: General counsels need to get dealmakers on side

Armance Bordes, French venture firm Sofinnova’s first general counsel, tells pfm general counsels need to get deal-makers on side and notes how LP demands have become 'harsher' over time.

CalPERS’ CIO exit is latest in executive departures

Ted Eliopoulos joined CalPERS in 2007 and will step away by the start of 2019.

Data security more important than returns for LPs

Reliable data security measures are more important than returns or fee alignment to LPs, according to the annual CFA survey on investor trust.

Cambridge hires ex-Bain partner as human capital head

Elizabeth Ramos, the investment advisor's most senior hire since 2016, has been brought on in a newly-created position.

GP-LP relationship ‘challenged’ by transparency demands

Two reports conclude transparency requirements are affecting the GP-LP dynamic and can be difficult to achieve.

Twenty more LPs adopt ILPA template

The institutional investor body has also automated the reporting framework in partnership with SS&C Advent.

Dallas lawsuit against Townsend ‘is a one-off’

The pension’s litigation against Cleveland-based advisory and investment firm Townsend is unlikely to spark a trend.

SEC scrutinises sales of LP stakes

The US regulator is getting to grips with the role played by GPs when LPs dispose of fund interests on the secondaries market.

Lawyers dub ILPA credit line comments ‘extreme’

A commentary on the American Investment Council’s website criticised ILPA’s guidance on private equity’s use of subscription credit lines.

Copyright PEI Media

Not for publication, email or dissemination