Do mega private equity funds deliver?
Are private equity mega funds in a category by themselves? Cambridge Associate's Andrea Auerbach argues they are, but not for the reasons that investors may think.
Asia's growing investors, including university endowments and family offices, are hunting for returns in lower-middle market and asset-backed private credit. In an interview with Top1000funds.com, head of Asian clients at the $92 billion OCIO Cambridge Associates, Prabhat Ojha, talks manager selection and Asian allocators' rising appetite for alternatives.
Are private equity mega funds in a category by themselves? Cambridge Associate's Andrea Auerbach argues they are, but not for the reasons that investors may think.
Last year, America Red Cross shut its investment office and handed over the keys of its $3 billion investment portfolio to Cambridge Associates. More pensions and endowments will do the same, argues new research from Cerulli Associates.
Senior investment director on Cambridge Associates' global investment research team, Michael Salerno, analyses the impact of Brexit on UK equities, the British pound and tactical asset allocation.
Most of the outsourced CIO clients of Cambridge Associates have aggressive asset allocations, with a tilt towards alternatives and hedge funds. But do the high fees eat into the potential alpha?
US college and university endowments have gone from pioneers in the adoption of socially responsible investing (SRI) to markedly trailing the rest of the investment industry in integrating environmental social and corporate governance (ESG), new research reveals. The Boston-based Tellus Institute, an independent not-for-profit think-tank, looked at 464 endowments and was damning in its findings,
Consultants are recommending investors have as much as 10 per cent of their fixed-income portfolio in emerging markets debt with endowments, public pension funds and even some corporate clients using liability driven investment strategies showing increasing interest in the asset class. Top1000funds.com spoke to consultants from Callan Associates, Hewitt EnnisKnupp, Cambridge Associates and Russell Investments
Private Credit