GIF - I think (strategically) therefore I prune

(Re)balancing Act

News, WEEKLY SPIN

In a strategic move reflecting evolving market dynamics, the Pennsylvania Public School Employees’ Retirement System (PSERS) has judiciously pruned its private equity holdings, offloading even top-tier funds in the secondaries market to recalibrate its portfolio. This proactive rebalancing, far from signaling a retreat, underscores a sophisticated commitment to long-term allocation targets, as PSERS places forward-looking emphasis on the burgeoning opportunities within private credit and infrastructure.

Meme - Wanted Exceptional Talent to Drive Sustained Value

Hire Multiple

News, WEEKLY SPIN

A recent survey by GP-Score revealed that LPs overwhelmingly regard operational value creation as a critical factor in manager selection. The message is clear: they want granular evidence not marketing fluff. One of the keys to securing sustainable value creation is having a clear talent strategy in place…doing so can place GPs in a (human) league of their own as they seek out extraordinary returns for their investors.

GIF - Here’s hoping for a new chapter to write in Paris

Blackstone’s Paris Ambition

News, WEEKLY SPIN

Chocs away! It’s an old expression and one that signals the start of a new journey, which is what Blackstone will be hoping for as they bid to buy the CityQuartier Trocadéro building in Paris. Over a century old and set in a prime location in the city’s 16th arrondissement near the Arc de Triomphe, the trophy asset comes with a price tag of EUR800 million.