Alternatives

Institutions are struggling with how to allocate their alternatives portfolios in search of alpha in today’s markets due to interest rates near all-time lows, tight credit spreads and high equity valuations, according to a recent webinar.

A fund based in the Great Plains region approved a direct lending commitment with a new manager and a private equity commitment with an existing manager at its July board meeting.

Plan hired a systematic trend following manager after its investment committee had elected to table a decision.

The plan disclosed various second quarter commitments in private markets totaling $300 million.

The plan is looking for a firm to produce investment due diligence and/or operational due diligence reports on an as-needed basis.

A fund in the Great Plains region will consider direct lending and private equity commitments at its board meeting today.