Institutional Investor (September 19)
“The $556.3 billion California Public Employees’ Retirement System is looking to change the way it invests — and some strategists think the proposed approach could be as game-changing as the Yale Model.” On September 15, “CalPERS CIO Stephen Gilmore formally recommended the state pension adopt the total portfolio approach (TPA) championed by sovereign wealth funds like Singapore’s GIC and Australia’s Future Fund.”
Tags: $556.3 billion, Adopt, Australia, CalPERs, Game changing, Gilmore, Pension, Singapore, Sovereign wealth funds, Strategists, Total portfolio approach, Yale Model
Institutional Investor (December 1)
“Competition to manage middle eastern sovereign wealth has become fierce.” Five of the top ten sovereign wealth funds (by assets under management} “are based in the Middle East” with “roughly $2.92 trillion in assets.” Given “bleak fundraising prospects in the U.S. and Europe, managers are tripping over themselves to reach sovereign wealth funds” in the Middle East.
Tags: $2.92 trillion, AUM, Competition, Europe, Fundraising, Managers, Middle East, Prospects, Sovereign wealth funds, Top ten, U.S.
Institutional Investor (August 23)
“With an influx of cash from nontraditional investors, average late-stage valuations could hit $1 billion this year, according to PitchBook,” which attributed the surge in “valuation growth to a positive economic outlook and cash influx from nontraditional investors, including mutual funds, hedge funds, sovereign wealth funds, and corporate venture capitalists.”
Tags: $1 billion, Cash, Economic outlook, Hedge funds, Influx, Investors, Late-stage valuations, Mutual funds, Nontraditional, PitchBook, Sovereign wealth funds, Surge, VC
Institutional Investor (September Issue)
“The combination of collapsing crude oil prices, wild currency swings and heightened governance scrutiny has created a challenging environment for many of the world’s largest sovereign wealth funds”.
