Private Equity
The reliance on alternative investments led investors and allocators to pinpoint small, niche private equity managers, short-trading hedge funds and global private debt funds as key areas to capitalize on with the goal of yielding outsized returns.
A university in New England approved new fiscal year investment policy targets for its portfolio, increasing its allocations to private equity and absolute return.
Clients of the practice will continue working with the same wealth management team and will receive the same investment advisory, financial planning and other wealth management services.
The plan committed to a fund that invests in the emerging blockchain technology sector.
Plan terminated a domestic small- to mid-cap equity firm and redistributed assets to its existing managers.
The plan committed to two private equity funds following interviews held today.
The new fund will target opportunities alongside sponsors that focus on growing secondary markets and gateway cities.
A Virginia-based pension plan added commitments with new and existing managers in September and made several changes to its fund lineup over the past fiscal year.
The search is due to the contract expirations of its two incumbents that currently manage over $900 million.
The plan’s current emerging markets equity manager stands to lose two mandates.