Cerulli: Institutional Investors Shifting Away from Active Strategies ‘in Favor of Illiquid Private Markets’ Assets
Asset allocators and other investors are shifting their risk budgets away from active strategies, according to a report.
Alternatives
Dartmouth Endowment Returns 8.4% in Fiscal 2024
The fund rebounds from its 1.6% return in fiscal 2023.
Family Office, KKR Buy Up Regional Australian Airports
The acquisition of the four properties of Queensland Airports from Australian funds is expected to close this year.
BlueFlame AI Tool Seeks to Aggregate Unstructured Alts Data
Available to BlueFlame clients, Nexus aims to organize data from many sources in a searchable database.
Ares Closes Largest Private Credit Fund
The $34 billion Ares Senior Direct Lending Fund III aims to lend to middle market companies.
As Mega Alts Funds Appear, Emerging Managers Face Bigger Hurdles
But allocators point to opportunities they find when investing with smaller, newer firms.
BlackRock to Acquire Alternatives Data Provider Preqin
The $3.2 billion deal is expected to close before the end of the year.
Illinois Municipal Retirement Fund Approves $282.5 Million in Commitments to Four Alternatives Managers
Five commitments in total were approved to AUA Private Equity Partners, Inflexion, Sterling Group and H.I.G Capital Partners.
Insurance CIOs See Alternatives Driving Portfolio Returns
There is no “turning back” to traditional asset allocations, according to KKR.
New AI Tool Aims to Assist Alternative Investment Managers
BlueFlame AI seeks to implement artificial intelligence in the workflow of asset managers and asset owners.
NBIM Denied Private Equity Investing Permission, For Now
The $1.59 trillion sovereign wealth fund of Norway has consistently asked the government for permission to invest in the private markets.
Shareholder Funding Dries Up for Thames Water; Regulator Blamed
Institutional investors say Ofwat inaction is preventing them from providing further funding to the beleaguered utility.
Insurers Flock into Private Debt, Alternatives, Mercer Says
73% of insurers have or plan to make private markets investments in 2024.
Asset Owners Continue Pouring Money into Alternatives in 2023, Up 19%
They keep private equity and venture capital as their top category by size, even though these two alts are lagging on investment returns, per a study.
GPIF, APG Launch Infrastructure Joint Investment Partnership
The funds plan to invest in developed markets.