Alternatives
A university in New England made venture capital commitments across diverse-owned and led funds within its endowment last year.
A state fund based in the West added secondary private equity and emerging market debt investments to its portfolio last week.
A university based in the Midwest is considering increasing its endowment’s target allocation to growth assets, including private equity, venture capital and public equity.
A university in the West revised the investment policy for its endowment in the first quarter, eliminating its alternative investment allocation range and authorizing direct investment in real estate.
A community foundation in the Southwest approved private market commitments within its general portfolio and impact investment portfolio last year.
The plan agreed to advance a general investment consultant RFP and retain its private equity advisor.
The plan has concluded a private equity search started in March.
The plan retained its general investment consultant and hired two opportunistic credit managers at a special investment board meeting last week.
Institutions are struggling with how to allocate their alternatives portfolios in search of alpha in today’s markets due to interest rates near all-time lows, tight credit spreads and high equity valuations, according to a recent webinar.
A fund based in the Great Plains region approved a direct lending commitment with a new manager and a private equity commitment with an existing manager at its July board meeting.