
Asset Allocation
Abu Dhabi Investment Authority Increases Private Equity Allocation
The sovereign wealth fund has also shifted more assets to its internal managers.
Private investments in insurance are on pace to end the year with their highest total in more than a decade.
The pension giant also committed another $1 billion to a BlackRock climate fund after dumping nearly $4 billion in public equities earlier this year.
Lending occupies more and more of PE companies’ attention, per a new PitchBook Report.
Public and private assets helped the pension fund swing from a loss one year earlier to raise its asset value to $471.5 billion.
More than half of the $1.3 billion in June commitments were made within the NYSCRF’s PE portfolio.
Despite seven fewer transactions than one year earlier, total deal value rose 158%.