Investment Allocations

Harvard Management Company and University of Virginia have both admitted to being disappointed with their endowment returns following a challenging period for such investors.

The Employees Provident Fund of Malaysia plans to invest more in shariah-compliant private equity funds as is assets increase to $180bn.

The Japanese pension fund has selected Sumitomo Mitsui Trust Bank as its second external manager to handle its local private equity mandate.

The proportion of insurers planning to increase their allocation to private equity fell by around one-third, according to the world's largest asset manager.

The $53bn US pension has raised its credit investments target against a drop in its real estate and private markets allocations, which includes private equity investments.

Tokihiko Shimizu, head of private markets at the $1.9trn investor, offers his views on its investment strategy as global and Japanese LPs move more aggressively into the asset class, and the role the bank hopes to play in stimulating the domestic market.

Brady Hyde, private equity portfolio manager at the world's largest package delivery company, is banking on active portfolio management as the firm joins the ranks of LPs doing more direct investing.

Solid growth in the fund’s agriculture and infrastructure PE holdings helped drive net profit of $44m.

Moody’s analysis showed a compound annual growth rate of 55% in alternative investments by the country's insurers between 2013 and 2016.

The $36bn fund reported strong private equity returns after implementing an 'aggressive' restructuring plan in December.