CIO connected with Gregory Brown, a professor of finance at the University of North Carolina’s Kenan-Flagler Business School, regarding his research into valuing illiquid assets.

A sharply lowered global economic growth outlook was attributed to ‘a highly unpredictable environment.’

The three-year agreement aims to help increase savings for U.K. households.

Restrictions on use and the funds’ earmarked status limit how much universities can rely on endowments to address funding shortfalls.

To support the new head of portfolio management, the firm plans to hire a vice president of asset-based opportunistic private credit and a private credit investment specialist.

The five-member team will advise the fund on potential climate-related investment risks and opportunities.