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B. G., Opalesque Geneva for New Managers: U.S. law firm Seward & Kissel LLP released the findings of its first Alternative Investment Allocator Survey. They found that those who allocate alternative investment dollars for large investors are likely to increase allocations to less liquid strategies and continue to embrace emerging managers in 2021.
The survey analyses the views of individuals from pension funds, endowments, family offices, seeders, high-net-worth individuals, and others.
On average 42% of participants anticipated their organizations to increase allocations to at least one strategy and 54% said they would maintain their allocations, while just 4% said their allocations would decrease.
The strategies for which participants expect to increase allocations this year were primarily less liquid strategies typically used by closed-end funds. Private equity, private credit, and venture capital accounted for the top three of the four strategies, followed by equity hedge.
At least half of each investor type surveyed also indicated that their organizations currently allocate to emerging managers (those founded less than two years ago). Fund-of-funds and seeders were most open to emerging managers, at 10...................... To view our full article Click here
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