The C$648.8 billion pension giant will own a 90% stake, while real estate firm Kennedy Wilson will take a 10% interest and manage the operation.
Established and emerging sports leagues are opening up and attracting institutional investors to a range of opportunities.
From youth sports to wellness to gambling, technology has made it easier to invest in—and profit from—sports.
The New Hampshire Retirement System’s 8.8% fiscal 2024 return missed its benchmark by 310 basis points.
An alumnus, Baumgartner will succeed Bill Reeser, who is scheduled to retire at the end of the year.
The median plan’s returns rebounded from weak gains in the second quarter and negative returns a year ago.
Five other elite endowments reported returns more than double that of Princeton’s.