Thu, Oct 8, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

US endowments investing more in private equity

Friday, June 22, 2012

Bailey McCann, Opalesque, New York: US endowments are stepping up their investments in private equity according to a new report from global research firm Preqin. Of the endowments included in the report, 94% plan to increase or maintain their investments in private equity over the longer term. Over half of that group intends to make these investments before the year is out.

According to the report, North American endowments have increased their average allocation to private equity on a year-on-year basis from 8.4% of assets under management in 2007 to 13.2% in 2012. On average such institutions are now slightly over their average target allocation (12.5%) but very few are turning to the secondary market to sell fund interests. Most of that money is staying inside North America, respondents cited the region as the most desirable for private equity investments.

Despite the interest in private equity investments, many endowments are reporting difficulty accessing top-tier managers. 27% of those included in the report said that it was challenging to find best of breed funds to invest in. Currently, endowments represent 19% of all limited partnerships in North America and those allocations are often relatively higher than other investor types. 24% of endowments in the report said they were currently below their target allocations for private equity.

Going forward, endowments e......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  2. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  3. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  4. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i

  5. …And Finally - Japanese men want upgrade on their virtual girlfriends[more]

    From Five years after News of the Weird mentioned it, Japan's Love Plus virtual-girlfriend app is more popular than ever, serving a growing segment of the country's lonely males -- those beyond peak marital years and resigned to artificial "relationships." Love Plus models (Rinko