
San Diego Plan Joins Private Debt Parade
The $10 billion fund is the latest allocator to invest in this alt, to make up 5% of its portfolio.
The $10 billion fund is the latest allocator to invest in this alt, to make up 5% of its portfolio.
Although seldom apparent in financial statements, environmental, social and governance deficiencies can come out of nowhere and slam investors.
The pension giant is hiring a search firm to find candidates for the job, which pays up to $392,000 a year.
Asset owners, consultants and asset managers are all engaged in an increasingly competitive fight for ESG talent.
Daniel Booth will oversee the $442.6 billion pension fund’s private equity, real assets and private debt.
WTW study shows the 9% pace wasn’t as high as 2020’s for the top 100 funds, but was still impressive.
More than a third of asset allocators will up their usage or hire consulting firms for the first time, a survey finds.
The pension fund will increase its private asset exposure as fixed income and public equities weigh down the portfolio.
Verus Advisory is the latest to join the group of signatories, which so far represent $17 trillion in assets.
China’s drawbacks are prompting some hard thinking among American institutions, but the country’s allure remains potent.
The $442 billion pension fund is shifting money out of public equity and into private equity and other alts.