Federal Webinar: Private Equity Investing

Members-Only Federal Webinar

February 20 at 3:00 PM/EDT

Register Now! 

Public pension investments in alternatives, particularly private equity (PE), continue to be the focus of much attention in the media and academia, as well as among public pension critics. The Center for Retirement Research at Boston College recently released a new brief that finds, even after controlling for a number of factors, public plans invest more in “riskier” assets than private plans.

And public pension plans continue to build their private equity portfolios. For example, according to new data from eVestment, PE accounted for 27 percent of new allocations made by U.S. and U.K. pension funds in 2018.  However, this continued flow of public pension dollars into private assets is “putting pressure on managers to provide a higher level of transparency than they were previously used to,” according to Institutional Investor.

NCTR is presenting this webinar on private equity investing from the perspective of public pensions as limited partners. Be sure to join Leigh Snell, NCTR’s Director of Federal Relations, and special guest Chris Hayes, Senior Policy Counsel at the Institutional Limited Partners Association (ILPA), on Wednesday, February 20, for an update on activities in this area.

Topics to be discussed include:

• Challenges to fiduciary protections that investors are facing in the private equity market and the actions the Securities and Exchange Commission (SEC) can take in terms of adjustments to staff guidance, market signals, and their recent rulemaking proposals to ensure investor confidence in the marketplace
• The Investment Adviser Alignment Act
• Status of the ILPA Reporting Template for fees, expenses, and carried interest

This hour-long, members-only webinar will begin at 3:00 PM/ET. Be sure to register now, as attendance is limited.