CalSTRS to rollout a new consultant search RFP
The pension plan will review a RFP for its general consultant search in the upcoming meeting
The pension plan will review a RFP for its general consultant search in the upcoming meeting
The portfolio includes leasable area across South California, New Jersey and Pennsylvania.
The $75bn system has declared a deadline of Feb 18 for proposal submissions
From San Francisco to London: The Private Equity and ALTS Discussions That Defined 2024
Markets Group hosted over 100 forums in 2024, and these highlights from our "From the Sidelines" recaps capture the pulse of Private Equity and ALTS. Explore the innovative strategies and industry-shaping conversations that defined the year.
Eric Gerding announced his departure in a recent statement, effective Dec 31
For 2025, the CEO plans to hike allocations in PE, PC and RA.
The new targets are set to be in place from fiscal year ending December 31
The $18.5bn system disclosed two new commitments
before the year ends
The $117bn system disclosed new commitments to real estate alongside new targets for credit strategies for 2025
Absolute return investment products that could potentially be used in a portable alpha strategy
The $18.9bn fund has disclosed goals for real estate, real assets and private markets for 2025
The $22.8bn has revealed its pacing to RA and PE for the next year, amid new commitments
Under the new leadership, the plan is focused on being fully funded
The CIO is expecting the long end of the US treasury curve to be problematic owing to the system’s debt levels that have already surpassed the military and defense budgets.
Sandro Doudin will take over office from July 1
The system disclosed pacing for PE, RE and Infrastructure
Max commitments within private equity as the system has slowing interest in VC opposed to special situations
Jan Murtha announced her resignation at the November 22nd SIC meeting
The government is facing opposition from Public Service Alliance of Canada for the transfer.
The $274.6bn pension plan has made 15 new allocations worth $4.6bn in September to alternative investments
CIO Jon Putnam favors private credit, private equity and real estate allocations
In less than two weeks of sacking the entire board, the government has named Stephen J. Harper as the new chair of the board.
Amid turmoil in the pension plan, Aaron F. Hood has been named as the new executive director, and he starts today
Over the previous five years, as a member of the investment committee, he played an instrumental role in the fund's growth from $4.2bn to $7.1bn.
Colorado CIO is vetting co-investment funds on the “large end of the market” to create beta within PE at lower fees.
ALTSSV 2024 brought over 300 professionals to Silicon Valley for two days of cutting-edge discussions and networking. Held at the iconic Computer History Museum, AI naturally dominated the conversations. The event showcased key trends in AI, private credit, and the future of alternative assets, sparking powerful conversations among top investors and managers. Our exclusive video interviews dive deep into these topics, offering first-hand insights and strategies from the industry’s top thought leaders.
ALTSCHI 2024 brought together over 450 professionals for a day of insightful discussions and networking in the heart of the Midwest. This investor-centric forum focused on delivering actionable content to those who manage, advise, allocate to, or oversee alternative assets. Our exclusive video interviews covered the latest hot topics, and some of the responses might surprise you.
ALTSNY 2024 welcomed over 700 attendees from top private wealth firms, pensions, endowments, foundations, and asset management firms across the tri-state area. This investor-focused forum offered a day of insightful discussions, high-level networking, and exclusive video interviews with industry leaders on the most pressing topics in alternative investments. Watch the exclusive interviews below to gain firsthand insights into the latest trends and strategies.
The 9th annual ALTSLA event has concluded, leaving us enriched with valuable insights and meaningful connections. From March 18th to 20th, industry luminaries and forward-thinkers convened in Los Angeles to explore the forefront of alternative investments.
Over three action-packed days, industry titans, CIOs, and investment experts gathered in Los Angeles to explore the latest trends and insights shaping the alternative investment landscape. Relive the excitement through our photo galleries and download your favorites.
Drawing from the feedback of prominent institutional
investors in Ohio, Markets Group has analyzed the diverse approaches that
contributed to their success in navigating the turbulent financial landscape of
2023.
Morningstar, Inc. (NASDAQ: MORN) and iCapital have formed a strategic alliance to introduce alternative investments and analytics to users of Advisor WorkstationSM, marking the first time such access is provided.
CFC has announced that Dan Trueman will join the business as Chief Underwriting Officer (CUO).
Blackstone has announced the appointment of Ken Caplan and Lionel Assant to the newly established positions of Global Co-Chief Investment Officers.
The board of RIT Capital Partners plc (RIT) has announced the appointment of Maggie Fanari as the Chief Executive Officer of its investment manager, J Rothschild Capital Management Limited (JRCM).
Bassam Abdulaziz Noor has been appointed as the Chief Executive Officer of SICO Capital in Saudi Arabia.
Pintec Technology Holdings Limited has named Mr. Xin Yang as its Chief Financial Officer, effective from December 29, 2023.
Guggenheim Investments has appointed Steve Brown as Chief Investment Officer, Fixed Income for Guggenheim Partners Investment Management (GPIM).
David Tovey, formerly a fund manager at BlackRock until 2021, is involved in a team preparing to launch a hedge fund in London and Zurich in the first quarter of 2024.
KPMG International has named David Rowlands as Global Head of AI.
Rémi Lambert has been appointed as Chief Investment Officer for Architas at AXA Investment Managers, effective immediately.
PIMCO has appointed Sung-Hee Suh as Global General Counsel.
Olivier Houix has been named the Chief Executive Officer of Ostrum Asset Management, succeeding Philippe Setbon, who has been appointed Chief Executive Officer of Natixis Investment Managers.
Natixis Investment Managers (Natixis IM) has announced the appointment of Laura Kaliszewski as the Global Head of Client Sustainable Investing.
Forest Investment Associates (FIA), a global SEC-registered investment adviser specializing in sustainable forest investments, has announced the promotion of Mike Cerchiaro to the position of President and CEO, effective January 1, 2024.
PIMCO has appointed Mohit Mittal as Chief Investment Officer – Core Strategies. In this capacity, he will supervise fixed-income portfolios within PIMCO's core suite of strategies, encompassing Low and Moderate Duration, Total Return, and Long Duration.
Options Technology has announced the promotion of Laura McCann to the position of Chief Financial Officer (CFO).
Renaissance Technologies has selected David Lippe, a longtime employee, to serve as co-chief executive officer of the $40 billion hedge fund firm.
Crown Castle has announced that Jay Brown will retire as the President, Chief Executive Officer, and Director of the Company, effective January 16, 2024.
The fund will invest in “generational companies born in Australia and Aotearoa New Zealand”.
U-M reports a gain of 2.2%, making it the third Big 10
school to post a positive number for fiscal year.
The plant is expected to produce 9 million gallons of
aviation fuel and 1 million gallons of renewable diesel annually.
$17.8 billion system is building up its risk
diversifiers portfolio.
CIO
Farouki Majeed sees benefits in switching away from hedge funds to private credit
and infrastructure.
Bulk of capital deployed into two private equity funds
and a real estate fund.
Christopher Schelling starts 512 Alternatives after
recent stints with Venturi Private Wealth and Windmuehle Companies.
Study by KKR finds CIOs
are looking to increase exposure to illiquid investments but want ones
providing more upfront yields.
But
SWIB’s private markets CIO said division will continue to work with consultants.
The Asian Development Bank estimates that US$3.1
trillion of investment is required for climate-adjusted infrastructure in
Southeast Asia alone by 2030.
New York-based EIP has $2.5 billion in assets under
management.
This is BlackRock Real Assets’ first investment in New
Zealand and its first residential solar investment in the Asia Pacific.
Matthew
H. Stone, who oversaw public markets and absolute return, is stepping down
after 23 years.
System
is currently limited to 20% of its allocation in private equity, credit, hedge
funds and infrastructure.
Edgar
Smith’s future plans are not known.
Battery storage is expected to play a critical role in
getting Australia’s power generation mix to 82% renewables by 2030.
Respondents
see VC as most overvalued and are more wary of emerging markets.
SBA
currently restricted from making new PE, VC, credit, hedge fund and
infrastructure commitments.
This is the latest in a string of healthcare
investments by Ontario Teachers’.
Nordic sovereign, city pensions among seven investors
in HitecVision’s energy fund.
Pension
plan is in midst of implementing recent asset allocation changes.
Jonathan
Popielarski leaving role as director of private assets; Justin Maistrow becomes
deputy CIO.
Esdec generates annual sales of close to 506 million.
Kim Kolt is co-founder and General Partner at Bay Bridge Ventures, the first purpose-built, institutional ESG and Sustainability focused venture capital firm. Bay Bridge is committed to inclusivity - starting from leadership and continuing through the underlying investments - in addition to responsible stewardship - active, high-engagement investing through multiple stages of development.
Despite its modest origin, CAIA has expanded into a globally recognized designation, and alternatives are hardly alternative.
System
looks to double investing in sector in ’22, driven in part by success in
backing natural gas entities.
Capital Four US CEO and Portfolio Manager Jim Wiant discusses opportunities across credit markets and credit strategies given recent changes in market conditions.
Digital innovation, cryptocurrency valuations and the future of the digital asset ecosystem are all hot-button issues as digital asset managers navigate a market full of innovations – and pitfalls.
Minerals needed in the clean energy transition include
lithium, cobalt, copper, and nickel.
It has backed diversified macro trend-following
managers that target macro trends in energy and agricultural commodities, bond
futures, currencies and other assets.
Berkshire Hathaway’s CalEnergy Resources has also
agreed to codevelop additional renewable energy facilities in the country.
‘Ambitious’ plan involved changing private
equity, private credit, real assets and fixed income mix.
Interim
CIO says pension plan will seek to have Florida legislature lift cap.
Earlier this year, the Public Investment Corporation
signed a new unlisted assets mandate with its biggest client.
The price of bitcoin has fallen by around two-thirds
since November 12.
The strategy launches with US$1.25B in assets, with a
$500M anchor commitment from Hostplus.
System also commits over $5 billion of capital to
managers.
He spent 14 years at the endowment after leading
private markets at Teacher Retirement System of Texas.
Market could be worth $1T by 2050, according to some
projections.
Survey
finds majority expect allocations to increase by between 5% and 10%.
Dustin Johnson, the former world No. 1, and South
Africa's Louis Oosthuizen are among those who have quit the PGA tour in favor
of the fund’s breakaway series.
With an initial war chest of $3.6B, Temasek’s new
GenZero subsidiary aims to accelerate decarbonization.
Canadian pension fund invests in ports, industrial
real estate in UAE.
Star of the South is Cbus’ first direct investment in
offshore wind in Australia.
The fund has already made sizable investments in telecommunications,
renewable energy and other sectors.
Alts manager Blackstone appoints Mark Glengarry as Head of
Asia-Pacific Origination at its credit unit, BXC.
AUM grew 12% in 2021, the sovereign wealth fund says.
CEO Marc Rowan
explained the new business model during Milken Institute Global Conference.
Battery Ventures, New Mountain, Threshold and ArchiMed are among those backed.
VC and real estate targeted for hikes.
PERF has allocated 27% of its fund to private equity and 25.2% to public equities.