Private Equity Real Estate Deals Bounce Back in Q2
Dry powder makes a steady jump to $246 billion.
Dry powder makes a steady jump to $246 billion.
Brings on Hartford Funds’ Erica Evans to further the firm's client-centric model.
Strong historical returns and booming investor interest in asset class allow for record raise.
Two largest pension funds return 14.40% and 14.34%, respectively.
Board also reallocates $1 billion within its portfolio.
Low energy prices have contributed to a lack of pickup in inflation, while concerns about Chinese growth have abated, Credit Suisse reports.
Fund would be the largest ever to focus on the region and comes as rivals raise megafunds.
Plan earns $851 million in fiscal 2017.
Move is expected to eliminate mandatory pension funding through 2021.
Managers see increase in negotiating leverage as investors flock to asset class.
In addition, Credit Suisse survey shows more than 70% of institutional investor portfolios incorporate hurdle rates and founder’s share class structures.
The proportion of self-employed workers in the UK continues to grow.
The 10th-largest US public pension fund reported solid Q2 results just last week.
Acting chief executive replaces Joanne Segars, who resigned in April.
Firms’ short-term cash holdings have moved away from money-market prime funds towards government funds.