Colleges on average allocated 30 percent of their portfolios to private equity and venture capital, according to the 2022 NACUBO-TIAA Study of Endowments.
Women of Influence honors women have made remarkable strides in their careers. They have set an example for young women thinking about careers in finance and knocked down obstacles for others who may follow.
"We have observed throughout our history that some of our highest performing private equity vintage years originate during volatile times like this," said CIO Michael Trotsky.
There is some good news for investors worried about the drive by Republican state legislatures to divest or prohibit investments in funds with environmental and sustainability goals. Some public pensions – the deep pockets that have fueled the rise of ESG funds – are pushing back against lawmakers who want to tie their hands.
Alaska Permanent Fund’s chief investment officer will propose major cuts to its targeted allocations to private equity at its board meeting scheduled for February 15.
Representatives of AP4, CalPERS, the European Investment Fund, IH International, StepStone Group and Railpen share their insights for GPs with funds focused on sustainability.
About a year after closing on $750m for its seventh VC fund of funds, TrueBridge Capital Partners is back in the market with an eighth fund of the same size.
Industry Ventures founder Hans Swildens has started to hear from LPs at risk of defaulting on capital calls from venture funds because of lack of liquidity – something he hasn’t seen since 2009-2010.
Of the $424m MassPRIM committed to diverse managers last year, $158m went to four managers of venture capital and/or growth funds.
'I’m here… to build up a European network, which we haven’t had before, and to try to bring that knowledge on the table as a possibility for execution,' says Tom Masthay, deputy CIO of the $34bn Texas Municipal Retirement System.