GoldPoint Partners announced the closing of its fourth fund-of-funds, GoldPoint Partners Select Manager Fund IV, with $678 million of commitments, a 150 percent increase from its predecessor fund.
Institutional investors have embraced commercial real estate, but their reluctance to allocate to equity REITs has been costly for beneficiaries over the last decade. As the search for yield continues, a fresh look at equity REITs is warranted, Adelante Capital Management says.
BlackRock, Vanguard Group and State Street Global Advisors are the three most important players in corporate America, accounting for 22% of shares of the typical S&P 500 company, according to Bloomberg.
Pathway Capital Management has closed on a $1 billion private credit fund, the firm announced. The Pathway Private Credit Fund II will provide debt financing in support of acquisition, recapitalization, refinancing and growth capital transactions sponsored by leading private equity firms.
Family offices, which handle the wealth of the very rich and their kin, are increasingly poaching young talent from buyout firms, challenging the private equity industry’s claim as the destination of choice for aspiring dealmakers, Reuters reports.
Expectations for the equity and bond markets in 2020 continue to be cautiously optimistic after a 2019 market that left bearish investors wishing they had kicked that sentiment down the road a year or two.
While many do not expect the market to perform in 2020 quite like it did in 2019, nonprofit investors are still not expecting their real spending targets to come under heavy pressure in the near-term as they gauge the economic cycle and its ability to sustain its growth trajectory.
This is an ongoing list of all actions and/or non-actions taken by Fisher Investments clients following the comments made by Founder Ken Fisher on Oct. 8.