Private equity persistence is evident in pre- and post-2000 vintages, but prior track record should only be used as a “valuable reference point” for investors as it needs to be placed in context with factors such as the strategy and organization that created it, a new study finds.
Vanguard Group has teamed up with independent global private markets investment specialist HarbourVest Partners to launch a new private equity strategy, the firms announced.
Global investment manager Federated Hermes has appointed Ingrid Kukuljan as head of impact investing and Caroline Cantor as an investment director, the firm announced.