Tepid Turnaround Seen for Alts, Once Investors’ Darlings
AUM growth decelerates and fundraising softens, Preqin reports.
AUM growth decelerates and fundraising softens, Preqin reports.
Lower valuations and lots of unspent cash are the ingredients for an eventual upturn, says PitchBook.
A host of macro problems leave PE fund investors with just small gains.
The tiff over Brookfield’s new acquisition underscores the pros and cons.
The New York State Common Retirement Fund recorded the largest overallocation among global pension funds at $11.7 billion.
Brookfield Capital Partners VI is the largest private equity fund in the firm’s history.
They provide diversification, and use of them will grow, a Schroders survey finds.
The pension giant also found that venture capital and growth equity have underperformed public equities.
The $254.1 billion pension giant also committed nearly $1 billion in July to a pair of investments within its credit portfolio.
CIO’s NextGen honorees share their thoughts on a range of alternatives, from venture capital and private equity to private credit and infrastructure.
They describe how higher rates have elevated the once-ignored asset class into a vital position.
The C$250 billion pension fund also netted a 4.8% return for the 12-month period that ended June 30.
As more GPs pursue continuation funds, institutional investors are faced with new questions about the overall risk levels in their portfolios.
Major investment firms such as Blackstone have pushed into business development companies, whose sizable yields are alluring.