Meketa Investment Group, the private equity consultant of California Public Employees’ Retirement System (Calpers), has found that the pension fund’s current private equity investment pace is likely to be insufficient to maintain target exposure to the asset class, following a PE programme annual review.
High-net-worth individuals and family offices are hunting for yield, concerned about low interest rates and market volatility
Fund expects to hit its target in the first quarter of 2020 and has already made six investments
Soprome and BTC Capital also back the takeover of the security services company
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