Asset Management Culture
Lisa Howie Tapped as Smith College’s First CIO
Howie leaves Yale University after 12 years to lead the $2 billion women’s college endowment.
Some 86% now invest in alternatives, says Nuveen survey.
The one-time ABB pension asset allocator, after her short and bumpy interlude at CalPERS, co-founded BERG and now has hired him.
Consultants Agecroft Partners say that a turnaround in overall hedgie results is bringing a brighter picture.
PKA Private Funds IV is part of the pension’s strategy to invest in unlisted growth companies.
With stocks and bonds offering meager futures, pension plans and other investors find under-appreciated VC beats another alt, private equity, which grabs all the attention.
However, the way they make those deals will likely change forever.