Asset Allocation
3 Stock Sectors, All Tech, Expected to Soar in 2024
Why biotech, AI and cybersecurity should romp, per State Street.
Tag: Venture Capital
Asset Allocation
Tepid Turnaround Seen for Alts, Once Investors’ Darlings
AUM growth decelerates and fundraising softens, Preqin reports.
Asset Allocation
Academic Endowments Post Sluggish Returns for Fiscal 2023
Yale, Stanford, Bowdoin and Duke's funds trail previous showings amid a rough year.
Asset Allocation
MPI: Venture Capital, Technology Investments Will Define 2023 University Endowment Returns
As data are released about endowment returns in fiscal 2023, funds in the Ivy League and at Stanford are expected to have underperformed the markets, according to Markov Processes International.
Regulation
California Law Aims for More Equitable Distribution of VC Funding
SB 54 will take effect in March 2025 and will require annual diversity reporting, with a goal of increasing the capital available to venture capital firms owned by women and minorities.
Asset Allocation
PE Buyouts ‘Meaningfully’ Outperform Public Equities, Norges Bank Finds
The pension giant also found that venture capital and growth equity have underperformed public equities.
Pensions
Saudi Arabia’s PIF Reports $16.5B Loss in 2022
Despite the loss, the fund’s AUM grew to approximately $595 billion thanks to a 4% share transfer from Saudi Aramco.
Asset Allocation
India Shines as Investment Draw, at China’s Expense
The world’s most populous nation is enjoying a stock market surge and appears poised for further investment.
Asset Allocation
Unicorns Hobbled Amid VC Pullbacks
Non-public companies valued at $1 billion and up haven’t sprung back with the stock market.
Newsmakers
Alline Akintore Joins Oregon Investment Council
The Oregon Venture Fund partner was appointed by Governor Tina Kotek and confirmed by the state senate in June.
Asset Allocation
Stalled Venture Capital Funds Scramble to Find Cash for Impatient LPs
Lack of exits, as IPOs are infrequent, has VC managers selling part of their stakes to others, but at a discount.
Pensions
Stocks, Bonds—Hah! Wilshire Lays Out a Broader Asset Allocation
Don’t bet on a resurgence for the big two traditional mainstay investments, the consulting firm says.
Newsmakers
Sequoia Capital, Thoma Bravo, Paradigm Sued for Touting FTX
Investment firms allegedly made ‘deceptive and misleading statements’ to promote the failed crypto exchange.
Asset Allocation
Scrutiny as a Return Driver
Allocators need to re-think due diligence in the wake of write-downs in private markets.
Asset Allocation
Private Markets Keep Growing, Even Amid Slowdown, Says PitchBook
Venture capital and private equity boosted their valuations mightily in the past 20 years.