Family offices, which handle the wealth of the very rich and their kin, are increasingly poaching young talent from buyout firms, challenging the private equity industry’s claim as the destination of choice for aspiring dealmakers, Reuters reports.
Expectations for the equity and bond markets in 2020 continue to be cautiously optimistic after a 2019 market that left bearish investors wishing they had kicked that sentiment down the road a year or two.
While many do not expect the market to perform in 2020 quite like it did in 2019, nonprofit investors are still not expecting their real spending targets to come under heavy pressure in the near-term as they gauge the economic cycle and its ability to sustain its growth trajectory.
This is an ongoing list of all actions and/or non-actions taken by Fisher Investments clients following the comments made by Founder Ken Fisher on Oct. 8.
The California Public Employees Retirement System’s investment committee approved the recommended selections of Wilshire Associates and Meketa Investment Group for board consulting services.
Don Valentine, a venture capitalist who founded Sequoia Capital, a Silicon Valley venture capital firm that helped cement the area’s rise as a technology hub, died on Friday at his home in Woodside, Calif., the New York Times reports.
Pension plans are beginning to dump Master Limited Partnerships (MLPs) after losing patience with an asset class that largely has not lived up to expectations.