Most LPs Wary of Sports Investments, Survey Finds
Despite growing popularity, 81% of PE fund investors reported that the risks of sports funds are too great, per a survey from Coller Capital.
Alternatives
Appetite for Risk Among Family Offices Expected to Increase
Heightened regulation of riskier assets is a key reason family offices feel better about taking on risk, while allocations to infrastructure are also expected to increase, per a survey from Ocorian.
For More Than the Fun of It
Established and emerging sports leagues are opening up and attracting institutional investors to a range of opportunities.
Investing Beyond the Pros
From youth sports to wellness to gambling, technology has made it easier to invest in—and profit from—sports.
Wisconsin Pension Commits $70M in Capital to Altriarch Asset Management
The State of Wisconsin Investment Board will divide the investment between two strategies from the private credit firm.
NYC Comptroller Lander Proposes Excluding Fossil Fuels From Future Infrastructure, Private Equity Investments
The proposal for three New York City pension funds would expand divestment to fossil fuel reserve owners and private markets infrastructure, such as pipelines and distribution terminals.
Eldridge Industries Acquires 10% Interest in Blue Owl GP Fund
The investment firm joins more than 30 other institutional investors in the Blue Owl GP Stakes Fund III.
Cerulli: Institutional Investors Shifting Away from Active Strategies ‘in Favor of Illiquid Private Markets’ Assets
Asset allocators and other investors are shifting their risk budgets away from active strategies, according to a report.
Dartmouth Endowment Returns 8.4% in Fiscal 2024
The fund rebounds from its 1.6% return in fiscal 2023.
Family Office, KKR Buy Up Regional Australian Airports
The acquisition of the four properties of Queensland Airports from Australian funds is expected to close this year.
BlueFlame AI Tool Seeks to Aggregate Unstructured Alts Data
Available to BlueFlame clients, Nexus aims to organize data from many sources in a searchable database.
Ares Closes Largest Private Credit Fund
The $34 billion Ares Senior Direct Lending Fund III aims to lend to middle market companies.
As Mega Alts Funds Appear, Emerging Managers Face Bigger Hurdles
But allocators point to opportunities they find when investing with smaller, newer firms.
BlackRock to Acquire Alternatives Data Provider Preqin
The $3.2 billion deal is expected to close before the end of the year.
Illinois Municipal Retirement Fund Approves $282.5 Million in Commitments to Four Alternatives Managers
Five commitments in total were approved to AUA Private Equity Partners, Inflexion, Sterling Group and H.I.G Capital Partners.