When it comes to private markets, implementing target allocations is easier said than done. At the Canadian Investment Review’s Plan Sponsor Exchange conference in February, a panel featuring Julie Cays, chief investment officer at the Colleges of Applied Arts and Technology pension plan; Sean Hewitt, chief executive officer at the Toronto Transit Commission Pension Fund […]
The Institutional Limited Partners Association has released new best practices guidance covering a variety of topics in the private equity space. One topic is management fees, which the association said should be based on reasonable expenses that are normal operating costs of the fund. And, it noted, when new funds are formed, general partners should […]