Alternatives
Foundations continue to shy away from alternative asset classes and have reduced spending in light of lower expected returns, according to a recent study from an investment consulting firm.
A West Coast pension plan is scheduled to begin a search for international small-cap equity managers later this month.
A Midwest state teachers plan made and liquidated several investments this week.
A pension plan in the Southeast disclosed a slew of new private commitments.
A state employees’ pension fund in the Northeast disclosed more than $1.1 billion in new commitments.
A Pennsylvania pension plan approved new commitments at a board meeting yesterday.
A Northeastern-based university recently approved a venture capital fund-of-funds commitment within its endowment.
A plan in the Northeast added a private equity commitment at a board meeting today.
A Mid-Atlantic county pension fund hears information on passive large-cap candidates after terminating an active manager.
A Texas-based plan made an energy commitment and redeemed a hedge fund mandate this week.