Hannah Zhang

The pension plans to streamline its real asset portfolio and aims to meaningfully reduce its GP relationships over the next three years.

A recent report shows GPs may have developed tricks to downplay the underperformance of some assets, resurrecting the question of how much wiggle room is needed in valuation processes.

At PEI’s annual Women in Private Markets Summit in New York, LPs discussed the power dynamic with GPs and what they expect from managers they work with.