Alternatives
Cultural institutions are looking to prioritize improved returns in the future as the largest institutions have outperformed their smaller counterparts due to their private investment allocations, according to a new study.
The firm has expanded its platform to the Middle East with the appointment of a managing director and head of middle east distribution.
The university will consider commitments to climate solutions and venture capital strategies within its long-term portfolio at its board meeting this month.
The plan approved two private equity commitments at its board meeting last week.
The plan committed $60 million across three funds at its board meeting today.
Global equity manager GQG Partners is entering the private markets with the launch of GQG Private Capital Solutions.
The plan eliminated two hedge fund investments and will redistribute the funds to increased allocations with other portfolio managers.
The firm elected the managing partner of a private equity firm as the new chair of its board of trustees in early March.
Institutions should not time the private markets or sit out tough years in venture capital as they will miss out on opportunities for attractive, long-term returns, according to a recent whitepaper, which finds that institutions benefit from well-constructed early-stage venture capital programs that have differentiated access, strong sourcing and due diligence processes to navigate a complex market with a challenging exit environment.
The firm hired a managing director and head of investor relations to lead its fundraising and investor relations activities as well as create and strengthen new and existing client relationships.