In The News

In The News
California Pension Fund Reports $29 Billion Loss, First Since Great Recession, Amid Market Turmoil

The fund’s investments in stocks dropped more than 13% last fiscal year, while fixed-income investments, such as bonds, dropped by 14.5%.

07.21.22
In The News
Ivy League Endowments Brace for Losses With Private Equity Values Tumbling

Princeton, Harvard and Yale generated robust returns for their endowments in recent years, fueled in part by billions of dollars of investments in private equity and venture capital. That golden era appears to be over, at least for now.

07.21.22
In The News
So. Many. New. Venture. Funds.

Further proving that venture investors have more dry powder than ever before, this week started with a flurry of venture capital fund close announcements across sectors and stages.

07.20.22
In The News
Three Key Trends Shaping Private Real Estate Fund Domiciliation

The top destinations keep their place, but real estate fund managers are increasingly choosing jurisdictions through an ESG lens.

07.20.22
In The News
Broke Colleges Resort to Mergers for Survival

Takeovers increase as a shakeup in higher education leaves schools in trouble. Northeastern does a deal for struggling Mills.

07.19.22
In The News
Why DC Plan Providers Might Be Moving Into Wealth Management

The retirement plan provider business isn’t sexy, but it’s huge. The Investment Company Institute counted $10.4 trillion in defined contribution plan assets at the end of the first quarter, $7.3 trillion of that in 401(k) plans.

07.19.22
In The News
New Impact Funds Build Their Portfolios And Scratch Their Way To A First Close

Launching a fund is easy. Raising one is harder. Making it a success takes years. As a result, ImpactAlpha is often skeptical of fund announcements.

07.19.22
In The News
As NYS Common Commitment Shows, In-State Programs Help Support Local Economy

Many states and regions lack the access to capital found in major metropolitan areas. In-state private equity programs help bridge that gap while also providing returns for beneficiaries.

07.19.22
In The News
BlackRock And QLS Advisors Partner Through BlackRock Systematic To Invest In Biomedical Innovation

Strategies will focus on public and private companies developing potentially life-changing medical treatments.

07.19.22
In The News
How Ares Plans To Capture The Overseas Private Wealth Opportunity

PEI caught up with global wealth management head Raj Dhanda and newly appointed head of Asia wealth management solutions Henry Lee to discuss its expansion into the region.

07.19.22