CIO Alert, July 15, 2025

For the world’s largest asset owners

July 15, 2025

As Exits Slow, Venture Secondaries Tick Up

Venture capital stakes are being acquired at attractive discounts while uncertainty puts a pause on IPOs.

Funded Status of U.S. Corporate Pension Plans Rose Again in June

Aggregate surpluses rose to $114 billion in June from $102 billion in May, Mercer reports.

What System-Level Investing Is, and Why It’s Different From Any Approach You’ve Used Before

System-level investing links portfolio performance to the health of the systems that sustain it, and retools investment strategy accordingly.

CalPERS Reports 11.6% Return in Fiscal 2025

Private equity delivered double-digit returns for America’s largest pension.

Austin City Pension Selects Albourne as Private Markets Consultant

COAERS recently approved an increase to its allocations to alternative investments.

The firms’ offerings made up 85% of all crypto AUM, while separate research found 75% of investors expect cryptocurrency to soon become part of institutional allocations.

The insurer’s annuity and asset management businesses will tap the alternatives giant for private credit offerings.

Editorial: CIOeditors@issmediasolutions.com

Unsubscribe

Manage Subscriptions

Modern Slavery Statement 2022

Do Not Sell My Personal Information

Privacy (including cookies), Social Media & Legal

702 King Farm Boulevard, Suite 300, Rockville, MD 20850