Brown University Endowment Returns 11.3% in Fiscal 2024
Assets of the endowment grew to its record high of $7.2 billion at the end of June.
GPIF’s domestic and foreign equity investments earned more than 40% each for the fiscal year that ended March 31.
The China Investment Corp., which has nearly half of its foreign holdings in alternative assets, aims to capitalize on the ‘global green transformation.’
Macro forces and long-term investment horizons are pushing sovereign wealth funds to move portfolios into private markets and adopt new structures.
The pension giant also committed another $1 billion to a BlackRock climate fund after dumping nearly $4 billion in public equities earlier this year.