
Continuation Funds Raise Questions About Valuation Risk in Pension Portfolios
As more GPs pursue continuation funds, institutional investors are faced with new questions about the overall risk levels in their portfolios.
As more GPs pursue continuation funds, institutional investors are faced with new questions about the overall risk levels in their portfolios.
The Equable Institute’s State of Pensions 2023 report claims that ‘pension funds are addicted to risk.’
Research finds education retirement costs are significantly outpacing education spending.
Preliminary 2022 investment losses are estimated at 10.4% on average for state and local plans.
Exceeding 6% returns over the next decade will likely require excess risk or consistently performing well above average.
Report says the worst of the COVID-19 recession has ‘yet to be fully felt by state governments and public retirement systems.’