Nonprofits are increasingly looking toward illiquid investments and fundraising for income due to downward pressure on their operating revenues as a result of the COVID-19 pandemic, according to a recent survey.
A medical organization based in the Mid-Atlantic region is searching for an investment associate to support its investment decision making through investment strategy and manager evaluation as well as economic and markets research.
Some PSERS staff believe the probe’s findings could be damaging to their reputations. So their lawyers are pushing for the report to be kept private or contain rebuttals.
While the average hedge fund asset allocation by public pension funds has been on the decline due to concerns with low performance and high fees, interest from Canada’s largest pension fund remains strong.