Alternatives
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.
The pension plan’s outsourced cio recently hired two risk parity managers to replace the incumbent due to underperformance.
Historically Black colleges and universities have had to operate without the support and resources made available to their peers traditionally, yet they have persisted in fostering their students and communities.
The institutions are facing new and increased pressure to leverage their endowment investments to ensure continued independence and long-term sustainability, something that is proving to be difficult as HBCU investment returns have lagged their non-HBCU peers for the past three years due to smaller allocations to alternatives and significantly fewer investment management resources, among other factors.
The approved venture capital commitments to two new investment managers within its portfolio at its February board meeting as it finds artificial intelligence is creating opportunities for the next wave of innovations.
The university will review its asset allocation during an upcoming board meeting after pausing its plans to build out its private debt allocation.
The senior investment officer, which was responsible for portfolio construction and manager selection for the institution’s private equity assets, has left to launch his own private equity firm.
