BlackRock Identifies 1% to 2% as Optimal Bitcoin Allocation
Institutional adoption of the digital asset can dampen its volatility, according to a paper from the asset manager.
Asset Allocation
Ardian, Saudi PIF Complete $4.2B Acquisitions of Stake in Heathrow Airport
The two investors purchased interests in FGP TopCo, with Ardian taking a 22.6% stake and the PIF a 15% cut.
Texas Teachers Returns 12.7% in Fiscal 2024
The $209.5 billion pension is expected to be fully funded by 2052.
Australian Super Fund AMP Makes Bitcoin Allocation
With $36.24 billion in assets, AMP will allocate 0.05% to the digital currency that recently topped $100,000 in value.
Buffalo Bills, Miami Dolphins Finalize NFL’s 1st Private Equity Investments
Arctos Partners and Ares Management will take stakes in the Bills and the Dolphins, respectively, following a landmark August decision that permitted PE investments in the football league.
Commercial Real Estate Faces ‘Major Era of Change,’ per AFIRE Pulse Report
The survey also indicated that commercial real estate investors might have preferred the candidacy of President Joe Biden to Vice President Kamala Harris.
University of Chicago Endowment Returns 8.4% in Fiscal 2024
The gain raised the portfolio’s asset value to $10.4 billion, still trailing its $11 billion high from 2021.
Most LPs Wary of Sports Investments, Survey Finds
Despite growing popularity, 81% of PE fund investors reported that the risks of sports funds are too great, per a survey from Coller Capital.
Singapore’s Sovereign Wealth Fund Makes $7.5B Private Credit Move
Temasek seeks to capture global credit opportunities with a new wholly owned platform.
Norges Bank Excludes UK Mining Firm Evraz for Aiding Russia’s War Against Ukraine
The world’s largest pension also excluded a telecom firm for aiding the expansion of Israeli settlements in the West Bank.
New York State Pension Earmarks $850M for Private Equity, Credit Investments
The quiet month was preceded by a two-month, $7.6 billion investing spree.
Investors Eye Emerging Markets for Some Relative Quiet
Investors may find opportunities in countries unlikely to be significantly affected by geopolitical volatility.
Most Institutional Investors Underweight on Fixed Income
Per a survey from Managing Partners Group, 99% of investors plan to increase fixed-income allocations over the next 18 months.
CPPIB, Pacific Asset Management Launch South Korea Data Center Joint Venture
The Canada Pension Plan Investment Board’s C$285 million commitment follows several recent data center investments.
Largest 100 Asset Owners Manage Record $26.3T
The AUM of the largest asset owners reached a record high in 2023, jumping 12.3% from 2022, according to WTW’s Thinking Ahead Institute.