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Category: LP News

CPPIB, General Atlantic heavyweights revealed as latest board members at emerging markets PE body EMPEA

Emerging markets private equity industry association EMPEA has named General Atlantic CEO Bill Ford and CPPIB head of Asia Pacific Suyi Kim to its board of directors.

Veteran Missouri pension investor Kelly joins PennSERS as new CIO

Veteran Missouri state pension investment specialist Seth Kelly has joined the $31.1bn-managing Pennsylvania State Employees’ Retirement System as its new CIO.

Dyal said to near $1bn loan against PE firms in its portfolio to pay investor dividend

Dyal Capital, one of the biggest investment firms focused on buying stakes in private equity houses, is reportedly nearing a $1bn loan made against the fee income of the buyout houses it backs in order

CDQP reinvests in architecture, design house Lemay

Canadian pension giant Caisse de dépôt et placement du Québec has reinvested in architecture and design house Lemay in the form of an $8.7m loan.

PGGM, Glennmont launch Italian asset management services business GEMS

Glennmont Partners and the PGGM Infrastructure Fund have launched Green Energy Management Services to manage their portfolio of Italian renewable energy assets and provide asset management services to third party clients.

Ex-CPPIB president Wiseman resurfaces at AIMCo, six months after BlackRock sacking over undisclosed relationship

Former CPPIB president and CEO Mark Wiseman has resurfaced at AIMCo, six months after being sacked by BlackRock for having an undisclosed relationship with a co-worker.

LPs becoming more satisfied with GP transparency after fallout caused by global financial crisis

Limited partners are becoming more satisfied with the transparency in general partners (GPs), repairing from the frustration caused after the global financial crisis, a report from Coller Capital claims.

Swedish institutions to target coronavirus-hit businesses with new SEK3.5bn investment company

Swedish pension fund AMF, bank SEB and foundation-backed asset manager FAM have launched an SEK3.5bn investment company to back Swedish businesses struggling to make it through the coronavirus crisis.

LPs need more transparency about how GPs are tapping subscription lines of credit: ILPA

LPs need greater transparency about how their private equity general partners are tapping subscription lines of credit, new guidance from the Institutional Limited Partners Association says.

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