LP asset allocations: investing for the long-term

LP asset allocations: investing for the long-term

15 Nov 2023|SuperReturn
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Imogen RichardsImogen RichardsPartner, Head of European Primaries at Pantheon

Imogen is a Partner and Head of Primaries in Pantheon’s European Private Equity team and also a member of the European Investment Committee, ESG Committee and Allocation Committee. Prior to joining the primaries team, Imogen spent 9 years on Pantheon’s secondary team and also headed up the Investment Structuring and Strategy division. Prior to Pantheon Imogen worked on small and mid-market private equity and mezzanine transactions for Anglo Irish Bank in Dublin. She holds a master’s degree in Natural Sciences from Cambridge University. Imogen is based in London.

Francesco KälinFrancesco KälinHead of Alternative Investments at Suva

Francesco Kälin is overseeing Suva’s Alternative Investment program and has a particular focus on Private Markets. Francesco joined Suva in January 2005 from Partners Group to head Suva’s Private Markets activities. He was a driving force in establishing and building Suva’s global private equity & private debt portfolio (funds and co-investments) and positioning Suva (AuM ~CHF 60bn) as a long-term investor and blue-chip LP brand globally. At Partners Group he was responsible for due diligence of venture, buyout and secondary transactions and held various advisory board seats with top European buyout firms. Prior to joining Partners Group in 2000, Francesco served as senior consultant in the assurance and business advisory service department of Arthur Andersen after starting his career at Ernst & Young. He is a Swiss Certified Public Accountant, holds a degree in economics and business administration from the Lucerne University of Applied Sciences and Arts and an Executive MBA from the University of St. Gallen, HEC Montréal and Vlerick Leuven Gent Management School.

Gregory. E SchmittGregory. E SchmittHead of Private Equity & Co-Investments at MEAG

Gregory is Head of Private Equity & Co-Investments and joined MEAG in 2015. He is responsible for MEAG’s global Private Equity and Infrastructure fund investment programs as well as the Private Equity Co-Investment program. Gregory leads a team of eight and manages the overall strategy, selection and due diligence processes. Prior to joining, he was Investment Manager for Societe Generale in Paris where he worked in a team of six to manage life insurance proceeds across multiple asset classes. Gregory is a CAIA charterholder, earned degrees in Business and Finance from three European countries (UK, Germany, France) and is current member of the Invest Europe Limited Partner Council.

Rune MunkRune MunkPartner at Coller Capital

Rune is a Partner responsible for origination and execution and is based in the firm’s London office.

Prior to joining Coller Capital in 2007, Rune was a Senior Management Consultant with the Corporate Strategy team at Deloitte.

Rune has a BA (Hons) in Economics and Japanese from SOAS in London and an MSc in Economics and Technological Innovation from the London School of Economics and Political Science. He is a Chartered Management Accountant.

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Description

As we look back on 2023 and ahead to 2024, are LPs in wait and see mode? How are LPs managing re-ups and new commitments? What are LPs return expectations for recent and current vintages? And how is the denominator effect still being felt?

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