Corporate Moves
TPG, Temasek to Take Stake in Cliffwater
The duo will join private equity firm TA Associates as investors in the alternative investment adviser.
Tag: Alternatives
Alternatives
McKinsey Sees Private Equity on Comeback Trail for 2025
Despite a murky two years that included a decline in fundraising, PE is showing resilience, according to the consulting firm McKinsey & Co.
Pensions
Nest to Acquire 10% Stake in IFM Investors in Alts Buildout
The U.K. pension scheme aims to invest $6.24 billion through IFM by 2030.
Alternatives
Most LPs Wary of Sports Investments, Survey Finds
Despite growing popularity, 81% of PE fund investors reported that the risks of sports funds are too great, per a survey from Coller Capital.
Alternatives
Appetite for Risk Among Family Offices Expected to Increase
Heightened regulation of riskier assets is a key reason family offices feel better about taking on risk, while allocations to infrastructure are also expected to increase, per a survey from Ocorian.
Asset Allocation
Brown University Endowment Returns 11.3% in Fiscal 2024
Assets of the endowment grew to its record high of $7.2 billion at the end of June.
Alternatives
Cerulli: Institutional Investors Shifting Away from Active Strategies ‘in Favor of Illiquid Private Markets’ Assets
Asset allocators and other investors are shifting their risk budgets away from active strategies, according to a report.
Asset Allocation
CalSTRS Flexes Co-Investing Muscles
The $346.5 billion California teachers’ pension fund addressed leverage in its private equity policy with an eye toward expanding its co-investments and collaborative strategies portfolio.
Alternatives
Dartmouth Endowment Returns 8.4% in Fiscal 2024
The fund rebounds from its 1.6% return in fiscal 2023.
Alternatives
BlueFlame AI Tool Seeks to Aggregate Unstructured Alts Data
Available to BlueFlame clients, Nexus aims to organize data from many sources in a searchable database.
Pensions
IPOPIF Seeks Private Markets Consultant
The $10.8 billion Illinois Police Officers’ Pension' Investment Fund is expanding its allocation to alternatives.
Newsmakers
JPMorgan Chase CEO Dimon Skeptical of Private Markets Growth
The shrinking of the number of public companies is not a good thing, Dimon said at a conference in Brooklyn this week.
Newsmakers
Ayesha Parra Appointed Global Head of Alternatives at Russell Investments
Parra will oversee the firm’s business strategy for its alternatives platform.
Alternatives
Ares Closes Largest Private Credit Fund
The $34 billion Ares Senior Direct Lending Fund III aims to lend to middle market companies.
Asset Allocation
Smart Money Portent? Bonds Are Gaining Allocators’ Interest
Meanwhile, allocators are moving out of stocks, which have been doing well lately, per a Nasdaq eVestment study.