PE Surveys: Investors, Managers Diverge on Due Diligence; Firms Target Divestment  

Fund managers and asset owners are not totally aligned in their views of what factors about managers are important in a private market due diligence process, according to eVestment’s recently released Private Markets Due Diligence Survey 2018. Meanwhile, EY’s Global Private Equity Divestment Study, released last week, finds that PE firms continue to focus on …

MOSERS Board to New Consultant: “Show Me”

The Missouri State Employees’ Retirement System (MOSERS) has hired Verus Investments as a Board Investment Consultant (BIC) to provide investment advisory and oversight services directly to its Board of Trustees. MOSERS has asked the BIC to present a proposed asset allocation/policy portfolio to the fund’s investment committee, which the fund says Verus has done. According …