Today’s low interest-rate environment is prompting more investors to look outside the box for new alpha generators – and private equity, with its strong historical performance relative to public markets – is garnering increased attention.
The long-term outperformance of private equity relative to public markets is encouraging more new investors to enter the asset class, and prompting many institutional investors to increase their existing allocations.
In 2012, a $3 billion US private pension plan sought a custom solution to consolidate its large and overly diversified private equity portfolio into one that was more balanced.
Today’s ultra-competitive, high-priced investment environment presents a challenge for investors looking to generate attractive private equity returns.
This US-based state pension plan invested in HarbourVest’s commingled funds for over 15 years. To address its evolving needs and complement its current portfolio, the pension plan sought a five-year bespoke solution to access Asia Pacific managers and US growth equity co-investment opportunities.
In 2013, an established Asian national pension fund sought to identify a strategic partner for help in accessing managers in North America and developed Europe.
Despite ongoing macroeconomic uncertainty around the globe, investors continue to look to private equity for help in reaching their goals.
In 2013, a $60 billion US public pension fund sought to significantly increase its allocation to private equity. The fund understood that co-investment was one of the more effective ways to invest capital quickly and in a tailored fashion.
HarbourVest Partners, Five Points Capital and PNC Riverarch Partners have all taken part in the buyout of Five Star Food Service.