Calstrs Investment Chief Urges Private Equity to Share the Wealth With Workers and Communities

SACRAMENTO, Calif. – Private equity executives are facing increasing pressure to share their wealth with the workers at the companies they acquire, according to the investment head of Calstrs, one of the world’s largest pension funds. Christopher Ailman, the outgoing investment chief at the $327 billion fund, believes that private equity firms have not adequately distributed their revenues. He argues that while these firms make money for investors, they also need to share their wealth …

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Transformational Change: New Mexico PERA Embracing Private Assets to Strengthen Pensions

Santa Fe, New Mexico – The New Mexico Public Employees Retirement Association (PERA) is undergoing a significant transformation, shifting its focus towards private assets to enhance its financial performance and secure the retirement benefits of its members. In a move to diversify its investment portfolio, PERA aims to allocate a larger portion of its assets to private markets such as real estate, private equity, and infrastructure. This strategic shift comes at a time when traditional …

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Chile Congress advances reform of private pension system despite opposition

Santiago, Chile – The lower house of Chile’s Congress has given its provisional approval for a reform of the country’s private pension system, a significant development in the polarized political landscape of Chile. The bill, presented by leftist President Gabriel Boric, received a 84-64 vote, with three abstentions, to move forward with the redesign of the pension system. However, the government’s proposals were later rejected in an article-by-article vote, leaving the fate of the reform …

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Private Capital Investment Opportunities Surge During Economic Downturns, Says AustralianSuper Chief Investor

NEW YORK – The Chief Investment Officer of AustralianSuper, Mark Delaney, spoke in an interview with Bloomberg in New York about the optimal timing for deploying private capital. According to Delaney, the best time to invest in private equity funds is during challenging financial periods. Delaney’s remarks come as AustralianSuper recently inaugurated a new office in Manhattan, a move that signals the fund’s commitment to expanding its presence in the United States. The opening event …

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Pension Giant’s Major Investment Surge in U.S. Private Equity

Sydney, Australia – One of Australia’s largest pension funds is planning to increase its investment in U.S. private equity. AustralianSuper, which manages over $200 billion in retirement savings for almost 2.5 million members, announced its intention to grow its private equity investments in the United States. The decision comes as the pension giant seeks to diversify its investment portfolio and capitalize on the potential growth opportunities in the U.S. private equity market. AustralianSuper has previously …

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Pension Funds: Ready for Mass Private Asset Sale Amid UK Gilt Crisis

LONDON – UK pension funds are at the center of a crisis as they prepare for a large-scale private asset sale to alleviate the pressure caused by a surge in government bond yields. In response to the recent increase in bond yields, pension funds in the UK are faced with the challenge of needing to sell off a significant amount of private assets, such as real estate and infrastructure, to cover the shortfall in their …

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