Dan Loeb’s Third Point has hired a trio of private credit professionals from Apogem Capital in the hedge fund’s latest bid to expand its direct lending capabilities.
Over the past year, the foundation notably increased its $1.8 billion endowment’s exposure to private equity, fixed income and real assets, while reducing exposure to equity.
CIOs of the elite universities — some having worked with David Swensen — gathered on Sept. 25 for a symposium celebrating and assessing the relevance of his 2000 book, "Pioneering Portfolio Management ...
Alternative asset managers are exploring what may be the fastest, most direct route yet to the roughly $12.5 trillion in American workers’ retirement plans: adding their illiquid assets to investors’ ...
A “hype bubble” is building in early-stage AI venture investing, warns GIC’s chief investment officer, who joins a growing chorus of investors sounding alarms over the sector’s boom.
Funds under the UBS Group umbrella face more than half a billion dollars of exposure to bankrupt auto-parts supplier First Brands Group through various investment strategies.
Once the board of Europe’s second-largest pension fund had decided on what they wanted to achieve with their €248.5 billion ($291.1 billion) portfolio, the real work began.
BlackRock’s Global Infrastructure Partners is in advanced talks to acquire Aligned Data Centers, targeting a major beneficiary of AI spending in one of the year’s biggest deals.
The U.S. Government Accountability Office is assessing the risks posed by private credit, in a sign that Washington is further scrutinizing the impact of the $1.7 trillion industry on the broader ...
The number of responses to PitchBook’s sustainable investment survey dropped significantly this year compared with 2024. This year’s survey saw 127 firms complete their questionnaires, down 76% from ...
Private equity firms saw strong deal activity and a rare uptick in exit count in the third quarter, while fundraising totals continued to slip, according to new PitchBook data.
Anton Orlich, managing investment director for CalPERS’ private equity group, said he believes private equity serves the clearest avenue for generating returns at scale within the private market, and ...