Newsmakers
Wilshire Promotes Jason Schwarz to CEO
The firm’s deputy CEO will take the helm of the investment consultant.
News
Research
Global Asset Management AUM Reaches $128T in 2024
Market performance drove 70% of asset manager revenue last year, according to research from the Boston Consulting Group.
Alternatives
Japan’s GPIF Urged to Boost Domestic PE, VC Investments.
Lawmakers are calling for financial reform to turn the country into an ‘asset management nation’ and attract more capital from home and abroad.
Alternatives
CFA Institute Launches Private Equity Certificate
The Advanced Private Equity Certificate aims to equip PE professionals with applicable skills.
Opinion
Affordable Housing Debt: An Opportunity Hiding in Plain Sight
The managing director of Impact Capital makes the case for reliable, low-risk investments financing multi-family housing.
Market Moves
Harvard Exploring $1B Secondaries Market Sale
The university’s endowment is reportedly seeking to sell part of its private equity holdings to add portfolio liquidity.
Alternatives
What Investors Need to Know to Value Private Portfolios
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.
Market Moves
Norges Bank Sees Negative Returns in 1st Quarter of 2025
Assets of Norway’s $1.78 trillion sovereign fund fell by 0.6%, a result of weak U.S. equity market returns.
Newsmakers
InBC Investment Corp. Searching for CIO
The Canadian crown corporation seeks a successor to Leah Nguyen, its inaugural investment chief.
IMF Slashes US GDP Growth Forecast Over Geopolitical Tensions, Tariff Hikes
A sharply lowered global economic growth outlook was attributed to ‘a highly unpredictable environment.’
Pensions
BlackRock Foundation Commits $2M to Nest Insight
The three-year agreement aims to help increase savings for U.K. households.
Risk
Moody’s, MSCI to Launch Private Credit Risk Modelling Tool
The two firms will partner on solutions to provide risk assessments for the asset class.
Manager Selection
CalSTRS Chooses Nuveen for $150M Self-Storage Mandate
A new commitment from the California teachers’ pension fund’s $46 billion real estate portfolio was announced.
Market Moves
State Treasurers Call on Tesla Board to Ensure Musk’s Focus on Company
A letter from Americans for Responsible Growth called for board engagement with stakeholders, as well as oversight of the automaker’s key executive.
Alternatives
Why Endowments Are Not a Quick Fix for Universities Facing Funding Cuts
Restrictions on use and the funds’ earmarked status limit how much universities can rely on endowments to address funding shortfalls.