Nuveen Launches Partnership With Temasek, Hunter Point Capital
The two firms will take stakes in and make commitments to Nuveen Private Capital.
Liquidity requirements reframe the need for diversification.
Tech stocks remained the $527.3 billion pension fund’s top holdings, led by Nvidia, Microsoft, and Apple, despite dumping 22% of its Alphabet shares.
Foley joins the Nuveen affiliate from Franklin Templeton.
The Québec pension fund’s asset value rose to $357.5 billion.