Consultants say the trend is strong, but they are ‘advocating for caution and a diversified approach.’
The pension giant’s acquisition of a majority stake in Tarchon is its fourth major investment in the sector in less than one year.
The $25.2 billion pension fund for university employees is focusing on hiring for its private real estate, infrastructure and agriculture allocations.
Community foundation returns topped private foundations’ for a third year in a row.
The investment is part of New York City Comptroller Mark Levine’s goal to invest $4 billion in housing construction and preservation.
Increased yields on high-credit-quality debt are attractive, but many questions remain.
