Alternatives
The director will lead management of the investment portfolio’s quantitative and systematic strategies, primarily sourced through derivative investments.
The foundation recently entered the secondaries market by purchasing private equity interests and other illiquid assets from a prominent pension that is considering folding.
The plan concluded its real estate and private credit searches in the past two months.
The retirement fund approved its first commitments to the private credit space after adding a maiden target to the asset class last year.
A university based in the Mid-Atlantic region is potentially increasing its allocation to the alternative asset class.
A foundation based in the Mid-Atlantic region has added a new impact commitment to a venture firm focused on diverse-led manufacturing companies.
The adoption of AI technologies across the economy may yield 1-3% more annual economic growth across the U.S., requiring a significant growth in demand for energy utilities and infrastructure that bodes well for nonprofit investors with allocations to the asset class.
Hedge funds overall may not have the panache today that they held in the early aughts but institutions continue to find these strategies to be beneficial in providing portfolios with the best risk-adjusted returns in today’s market and the future.
The plan added commitments in the private equity, credit and real estate asset classes.
The plan disclosed new private commitments made in recent months.