Reported 7 months ago
US pension funds, historically sought-after by private equity firms, are facing fierce competition from wealthy Middle Eastern sovereign wealth funds in co-investment opportunities. While US pensions are shifting towards faster decision-making processes to capture these lucrative deals and save on management fees, Middle Eastern funds like ADIA and Mubadala have been quick to deploy billions, reshaping how US pensions invest. The increased competition is evident as Middle Eastern funds are committing large sums swiftly, while US pensions are adapting to compete at the same speed and scale to secure co-investment opportunities alongside private equity firms.
Source: YAHOO