Insurance CIOs See Alternatives Driving Portfolio Returns
There is no “turning back” to traditional asset allocations, according to KKR.
Alternatives
New AI Tool Aims to Assist Alternative Investment Managers
BlueFlame AI seeks to implement artificial intelligence in the workflow of asset managers and asset owners.
NBIM Denied Private Equity Investing Permission, For Now
The $1.59 trillion sovereign wealth fund of Norway has consistently asked the government for permission to invest in the private markets.
Shareholder Funding Dries Up for Thames Water; Regulator Blamed
Institutional investors say Ofwat inaction is preventing them from providing further funding to the beleaguered utility.
Insurers Flock into Private Debt, Alternatives, Mercer Says
73% of insurers have or plan to make private markets investments in 2024.
Asset Owners Continue Pouring Money into Alternatives in 2023, Up 19%
They keep private equity and venture capital as their top category by size, even though these two alts are lagging on investment returns, per a study.
GPIF, APG Launch Infrastructure Joint Investment Partnership
The funds plan to invest in developed markets.
Blue Owl Announces $750M Kuvare Acquisition in Latest Insurance Deal
The alternative asset manager plans to create Blue Owl Insurance Solutions following the purchase of Kuvare Asset Management and life and annuity insurance firm Kuvare UK Holdings.
Former Mercer, NEPC Director Launches Private Capital Consultancy
Seattle-based industry veteran Troy Saharic announced Pendlebury Hall Advisors on Thursday.
Abu Dhabi Launches Artificial Intelligence Tech Investment Vehicle MGX
The $100 billion fund’s founding partners are sovereign wealth fund Mubadala and AI company G42.
Record $3.2 Trillion in Unsold Private Equity Assets, Bain Reports
PE firms hold onto overpriced assets for longer, constraining distributions to LPs, but Bain sees a light at the end of the tunnel.
Slowdown in PE Exits, M&A Activity Leads to Smaller, Slower Distributions to Public Pension Funds
Some funds with significant allocations to private equity are facing a negative cash flow from PE distributions.
Fund Managers Target Overlooked ‘Middle Ground’ for Hedge Funds
Traditional pod shops may not be the only strategy for empowering fund managers.
Canada’s CDPQ Invests C$200M in Swedish EV Battery Developer
The investment will go toward the construction of a lithium-ion gigafactory in Quebec.
M&A, VC, AI Activity Expected to Increase in Next 5 Years, per Coller Capital Survey
The semiannual private equity barometer survey included 110 PE managers answering questions about artificial intelligence, private credit and more.