Despite the general fear of a recession looming, the optimism around the emerging manager landscape was pronounced at the inaugural Emerging Manager Circle Summit.
LACERA, MassPRIM and Northwestern Mutual are among those that have set aside capital to invest in firms owned by women or minorities.
Preliminary data from placement agent Probitas Partners’ annual survey of institutional investors shows a sharp decline in interest in VC funds around the globe.
Investment team departures at large allocators may slow decision-making processes.
A dislocated market and several niches could bode well for healthcare, according to EisnerAmper.
Private equity managers have been slow to mark down asset valuations and may not be accurately reflecting the reality of the broader economy, a new report says.
The South Yorkshire Pensions Authority’s impact portfolio outperformed the general portfolio in the last financial year, but ‘we weren’t searching for impact,' director George Graham said at GIIN’s investor forum.
LPs are caught in a perfect storm: many are overweight in their exposure to the asset class because private equity valuations have not yet dropped commensurate to public markets.
Alaska Permanent Fund will reduce its commitments by $400m after being overallocated to its private equity asset and special opportunities portfolio for fiscal 2022.
Texas County & District Retirement System committed to 12 funds from CRV, DCVC, IDG, Joy Capital, OpenView, Orbimed, Shine Capital, The Colum Group and Threshold Ventures.