Investors

Negative headlines about evergreen funds contributed to the California plan’s decision to abandon its initial $140m investment in those vehicles.

The funds will be used for sustainable opportunities across Nuveen’s energy platform, including its Energy & Power Infrastructure Credit Fund II.

Even as the $40bn system deals with short-term underperformance, its pacing into the asset class is expected to increase in the coming years.

Headline numbers and strategic priorities point to strong levels of institutional support, even for areas of the market under scrutiny.

The trend among retail investors that started in Q1 accelerates, on average, and involves many of the same large fund managers.

The industry body’s prior guidance was ‘silent on a lot of things’, chief executive Jennifer Choi tells affiliate title Secondaries Investor.

The deal to transfer $3.8bn of long-term care policies to Fortitude will earn Carlyle recurring fees.

Timescales matter to investors, often in very different ways, and GPs need to think about how they can cater to those with different outlooks on the future.

Sovereign wealth funds are looking to put more capital to work in private markets, while reducing public equity and fixed income exposure.

Infra debt’s stable cashflows and strong track record are prompting more LPs to engage with the asset class.