Real Assets
Under today’s conditions, many nonprofits and allocators are looking at other macro trends — especially the advancement of artificial intelligence technologies and concomitant demand spike for energy and infrastructure — that bode well for their alternatives allocations.
The university added a commitment to a carbon trading impact fund within its endowment in the fourth quarter.
The retirement fund disclosed commitments totaling $3.1 billion in November.
The retirement fund has posted an RFP for infrastructure managers to handle a $50 million to $80 million allocation.
The farmland manager will handle mandates totaling $28 million for two pension plans.
Plan added a real assets commitment to a prior manager relationship this week.
The retirement board’s latest search is required by state statute.
The firm will continue to provide private equity and real asset consulting services for the plan following its rehire last week.
The plan also concluded its emerging markets ex-China equity search at a meeting this week.
Managers are launching new open-end real assets funds as competition is increasing in most strategy types and firms that offer more investor-friendly fees and terms can be more competitive in searches, according to a new study.