Perlioni will be responsible for managing and investing more than $6 billion in endowments and other assets.
Last year was the third time on record that investors redeemed more capital than they allocated, eVestment reports.
The ILPA says it has made “significant progress” in the promotion and adoption of a template designed to increase transparency around fees.
Total buyout deal value fell by $90 billion despite record levels of investor capital.
Struggling active management performance and continued fee pressures were to blame for a negative outlook.
With more than $9 billion in asset manager M&As already underway in 2016, consolidation has become—pun intended—quite a big deal.
Hedge funds that fail to hedge against investor withdrawals generate the worst performance, a study finds.
The average executive earned a base salary of $455,285, while the best paid took home upwards of $1 million after bonuses.
Newly launched funds earned higher net returns than existing managers over every vintage year but one from 2000 to 2012, Preqin has found.
Ultra-low interest rates are placing more emphasis on asset classes that insurance companies cannot manage in-house, surveys show.
The continued swing towards passive investment strategies will see more deals emerge along the lines of Janus-Henderson, Moody’s and Fitch say.
Hedge funds negotiate the fewest side letters with corporate pensions and non-profit institutions, according to law firm Seward & Kissel.
A long track record doesn’t necessarily guarantee good performance, according to research.
Managers are increasingly offering hurdle rates, sliding fees, “clawbacks,” and discounts, according to an AIMA survey.
Family offices join other institutional investors in retreating from the much-maligned investment vehicle.