Alternatives
A global alternatives investment group focused on private equity and other private capital strategies sold the majority of its stake in a global private equity manager, which consisted of the group’s entire management fee earnings and future performance related earnings.
The fund approved 2025 pacing plans across private equity, private credit and private real assets last month.
Under today’s conditions, many nonprofits and allocators are looking at other macro trends — especially the advancement of artificial intelligence technologies and concomitant demand spike for energy and infrastructure — that bode well for their alternatives allocations.
The university added a commitment to a carbon trading impact fund within its endowment in the fourth quarter.
The retirement system added private equity and private credit commitments in recent months.
At least three nonprofit organizations have committed to a venture capital manager’s inaugural fund, which recently closed with more than $60 million in commitments.
The retirement system issued an RFI for the services last year and does not currently utilize a dedicated consultant for private markets.
The plan hired one international equity manager and terminated three others at this week’s board meeting.
The West Coast pension system closed on private equity and real estate commitments last month.
The position leads the investment strategy for the endowment’s private investments portfolio, which includes private equity buyout, growth equity, private real estate, private energy and venture capital.