Meghna Desai is director of investments at New York-Presbyterian Hospital, serving there since 2017. Previously, she was the head of private markets and credit at the New Jersey Division of Investments. Prior to that, she was an associate at AUM Capital LLC and an equity research analyst at Renaissance Capital. Desai holds a B.A. degree in biochemistry from New York University.
Meghna Desai
Featured Story
CalPERS board ponders the risks of TPA
CalPERS CIO Stephen Gilmore talks the board through their role in setting the risk parameters behind a Total Portfolio Approach. The investment team hope the board will have selected its level of risk tolerance by November off which a TPA strategy can launch in July 2026.
Sarah RundellFebruary 27, 2025
News
AIMCo sheds more costs with NYC, Singapore offices the latest casualties
The C$169 billion Alberta Investment Management Corporation has shut its Singapore and New York offices and sacked high-profile investment staff as part of a “strategic re-alignment of resources” under the leadership of former Canadian prime minister and now chair of AIMCo Stephen Harper.
Darcy SongFebruary 17, 2025
Featured Story
AP funds reform: Expanded opportunity in private equity
Much anticipated reform of Sweden's five buffer funds will liquidate AP1, dividing assets between AP3 and AP4. Private equity specialist AP6 will also merge with AP2, expanding the opportunity for the private equity investor and securing the future of the specialist team.
Sarah RundellFebruary 13, 2025
Research
ML forecasts trump analyst coverage over long horizons: Research
Machine learning forecasts of corporate earnings outperform analyst forecasts, by revealing new information, economically important predictors and capturing non-linear relationships. Investors can use ML models as a less-biased forecast and a decision-making tool for when there is a vacuum of analyst coverage, an award-winning research paper has found.
Darcy SongFebruary 12, 2025
News
US, Australia the fastest growers as global pension assets hit $59 trillion
US and Australia have the fastest growth in pension assets among the world’s seven largest markets, as defined contribution-dominated countries helped push global pension assets to $58.5 trillion by the end of 2024.
Darcy SongFebruary 11, 2025
Investor Profile
Federal Thrift integrates new ex-China index; inspires others
The $946.9 billion Federal Retirement Thrift Investment Board (FRTIB) has integrated a new index that excludes China and Hong Kong in its I Fund. The strategy has now inspired leaders of US state pensions to exclude China too.
Sarah RundellFebruary 11, 2025
Featured Story
Cash and overweight to US equities pays at New Jersey
The New Jersey Division of Investment generated double digit returns in fiscal year 2024 while maintaining good liquidity and dry powder on hand with an overweight to cash and cash equivalents. The cash position is likely to decline through 2025 given the robust pipeline in new private market opportunities.
Sarah RundellFebruary 6, 2025