The pension’s overall annual return of 4.5 percent – its lowest return in five years – was boosted by alternatives. Teachers’ annual report said real estate was the highest performing asset class returning 14.7 percent.
The pension’s lowest annual return for five years was boosted by alternatives, despite private equity returns falling by almost two-thirds. Teachers’ also faces a $587 million break-up fee if the BCE transaction fails to close.
The potential for private equity growth in the Middle East is undeniable. Opportunities to invest abound. Capital is plentiful. But people are in short supply. Nicholas Lockley looks at how the region is tackling the human capital issue.
In keeping with the tourist crowds, Andy Thomson also set out to discover the latest fashions in Paris. For private equity firms facing uncertain times ahead, standing out from the crowd has never been more important.
The continuing flow of capital that is being attracted by even the larger private equity funds appears to have put paid to any notion that investors in the asset class would opt out at a time when market conditions have become more challenging. However, the jury is out on whether the fundraising momentum will be sustained once the effects of any downturn can be more clearly seen. Andy Thomson reports.