News & Announcements

PERA Investment Staff doing Great Things in June 2020

PERA Investment Staff doing Great Things in June 2020

June 19, 2020

In June 2020, PERA CIO, Dominic Garcia was appointed as a member of the Institute for Private Capital’s (IPC) Research Council. IPC is the leading research organization for private assets in the investment industry and their priority is to make their research and quality data sources widely available to academic researchers.

PERA would like to congratulate Dominic on this wonderful opportunity. For more information visit www.uncipc.org

In June 2020, PERA Investment staff were featured in a research and white paper published by Landmark Partners. Landmark Partners specializes in secondary market transactions of private equity, real estate and infrastructure investments, with over $28 billion of committed capital as of March 31, 2020. Founded in 1989, the firm has one of the longest track records in the industry and is a leading source of liquidity to owners of interests in real estate, real asset, venture, mezzanine and buyout limited partnerships. Landmark has completed over 685 transactions in its 30-year history and acquired over 2,400 partnership interests, managed by over 830 general partners, as of March 31, 2020.

In this paper, PERA and Landmark staff introduce a method for calculating the dollar (or other currency) value that a private market investment, such as a private equity fund or portfolio company, generates above or below a benchmark. For PERA, this will help staff build and keep an analytic edge in evaluating skill in private markets and what the appropriate price to pay is.

For more information please visit www.landmarkpartners.com

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