The pension giant’s alts holdings have ballooned to $27.3 billion from $1.3 million over the past decade, with room to grow.
How the recent executive order on private assets in defined contribution plans could pave the way for investment committee excellence.
The New Hampshire Retirement System’s 8.8% fiscal 2024 return missed its benchmark by 310 basis points.
Woman-owned firm aims to invest in diverse investment companies.
Covalent will initially be capitalized with $1.05 billion to focus on investments in North America and Europe.
Already a trope in transition, the traditional portfolio had a rough 2022, so modern-day allocators must evaluate all potential paths forward.
AUM growth decelerates and fundraising softens, Preqin reports.
Prime Group allegedly did not disclose that $18 million in fund fees went to a firm wholly owned by its CEO.
The Equable Institute’s State of Pensions 2023 report claims that ‘pension funds are addicted to risk.’
The Mansion House reforms also seek to create superfunds to consolidate the ‘fragmented’ defined benefit market.