The $121 billion CPPIB today argued before US lawmakers that it should not be lumped in with all sovereign wealth funds, as legislators in California attempt to bar the US’ largest pension groups from investing in private equity funds tied to sovereign wealth funds.
3 min read · 22 January 2013
PERE's sister news service PEO interviews Alberto Torrico, the California assemblyman who recently introduced a proposed law that would force the state’s public pensions to cease ties with firms that are partially owned by certain sovereign wealth funds. Torrico tells PEO he is particularly targeting alleged human rights abuses in the United Arab Emirates, and that the objections voiced by pension investment staff are “overstated, exaggerated”.
6 min read · 22 January 2013
The unrelenting rise of sovereign wealth and a promising outlook for MENA private equity funds were among the key talking points at PEI’s Middle East Private Equity Forum in Dubai.
3 min read · 22 January 2013
The US’ largest pension fund has purchased yet another stake in a big-name buyout firm, reportedly paying $275 million for an interest in Silver Lake.
3 min read · 22 January 2013
PERE looks back at the year just passed for the trends that mattered most. Today we look at trend number two – private equity real estate management companies monetized their franchises through partial sales to external investors.
3 min read · 22 January 2013
