Asset managers are sharply increasing their spending on AI, but bigger budgets aren't always translating into results. According to a new survey commissioned by Clearwater Analytics, firms with higher quality data are gaining the most when it comes to ris... See more
After building the Illinois Police Officers' Pension Investment Fund from scratch since joining in May 2021 as the plan’s debut investment chief, Kent Custer is ready to make sizeable investments in private markets and active international equities—all wh... See more
Despite software-as-a-service making a (modest) comeback, investors are still struggling to determine the value of these pre-AI software companies that dominated venture portfolios before the AI boom. The problem isn’t just that AI companies are attractin... See more
Despite Fidelity dominating the defined contribution recordkeeping space and ranking among the biggest asset managers, its outsourced chief investment officer business is still a little-known blip on the industry radar. But as the OCIO sector sees rapid g... See more
After years of underperformance and as Ivy Leagues face federal funding freezes, Yale is considering selling off a portion of its private equity holdings on the secondary market.
A spokesperson confirmed in an email to Institutional Investor that the univ... See more