Membership
Members of ILPA include public and corporate pension funds, endowments, foundations, insurance companies. According to the ILPA, its membership totalled more than 230 investors representing over $1 trillion in private equity investments. Examples of members include CalPERS, CalSTRS, Canada Pension Plan, the Ontario Municipal Employees Retirement System (OMERS), Lockheed Martin pension plan, the Regents of the University of California, the Florida State Board of Administration, the Massachusetts Pension Reserves Investment Management (MassPrim) and Ontario Teachers' Pension Plan.
The limited partner investor universe in private equity has historically been highly fragmented and individual investors, even the largest investors, often have limited ability to negotiate the terms of the individual private equity funds to which they commit.
ILPA's education and networking functions allow greater communication and collaboration between investors. ILPA was actively involved in discussions centering around the adoption of fair value accounting under of FAS 157.
Read more about this topic: Institutional Limited Partners Association (ILPA)
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“The two real political parties in America are the Winners and the Losers. The people don’t acknowledge this. They claim membership in two imaginary parties, the Republicans and the Democrats, instead.”
—Kurt Vonnegut, Jr. (b. 1922)