New video series answers your questions about PERA’s investment program.

What is private equity? Why does the PERA portfolio contain private equity investments? How have these investments performed and how much are the fees?

In recent months, the wisdom of public pensions’ continued investment in private equity has been questioned. Although some observers have criticized these vehicles, private equity remains one of the highest expected returning asset classes in Colorado PERA’s investment portfolio. The costs of participating in private equity are higher than for publicly traded assets, but the expectations for performance in this asset class are also higher. Over time, the private equity asset class has outperformed the public markets and delivered higher returns to the PERA fund.

Private equity is complex and PERA has received many questions about how it is managed and its role in context of the broader portfolio. While the PERA website offers extensive information about these practices – everything from asset allocation to performance metrics – there is now a new series of brief videos that provide clear answers to these questions and more.

The most recent video in this series is PERA and Private Equity, which explains why private equity remains such a valuable and productive part of PERA’s investment portfolio. Other videos in the series include PERA’s Investment Program, a general overview, and PERA’s Investment Benchmarks, which provides a concise look at how PERA’s investment team works with the PERA Board of Trustees to establish performance targets for the portfolio. Watch the videos below, on the copera.org website, or on PERA’s YouTube channel.

Have a question? Please keep them coming using this link; future videos will be based on your questions and will include information about the work we do for you.

We Hear You Video: PERA and Private Equity

Additional Resources:

PERA investment management fees fact sheet

Whyenhanced investment transparency creates a new set of risks

PERA’s Private Equity Portfolio