Investors
Pension fund
An institution that invests retirement savings on behalf of its members.
Public pensions cover government employees and usually follow formal procurement and disclosure rules. Corporate pensions serve one employer's staff. Pensions are among the largest LPs, with long review cycles, committee approvals and strict reporting requirements.
Why it matters when you raise
Large pensions can transform a fund but move slowly, and public plans often add rules such as pay to play limits on your team's political giving.
In the field notes
SEC Proposes Scrapping the Adviser Pay-to-Play Rule: What GPs Raising From Pensions Should Do
Compliance
Texas County and District Retirement System Commits $300 Million to Silver Point Direct Lending
LP Intelligence
Princeton Equity Group Closes Fund III at $1.3 Billion Hard Cap in Two Months
Market Signals
Arkansas Teacher Retirement System Weighs $345 Million Across Five Funds
LP Intelligence
PCCP Closes Equity X and Credit XI Above Hard Cap at a Combined $5 Billion
Market Signals
State of Wisconsin Investment Board Adds $2.75 Billion Across Hedge Funds, Private Equity and Real Estate in Q2
Market Signals