eVestment Blog

10 Aug

US Pensions’ Private Markets Activity – July 2017 – Semi-Annual Program Reports

Derived from our Public Plan IQ solution, each month eVestment highlights the top news and activities of US public pension plans across their private markets programs. The mid-year mark tends to be a time for companies to reflect on YTD activity and review progress on annual goals, and US public pension plans are no different. [...]
09 Aug

Geographic Diversity Rules on eVestment Top Rankings in July

eVestment users’ screening activity in July showed an eagerness to look far and wide for opportunities. The most reviewed products list, and the list of products with the largest month-over-month increase in reviews, show user interests in strategies with geographic focuses that were literally all over the map, according to the latest eVestment Advantage viewership [...]
02 Aug

US Public Pensions Hungry for Real Assets and Private Equity

New data shows public pension plans in the United States are increasingly favoring exposure to real assets and private equity strategies. Of new investment commitments announced by U.S. public pension plans in 2Q 2017 and tracked by eVestment’s Public Plan IQ solution, 85 were for real asset strategies and 68 were for private equity. These [...]
31 Jul

Nebraska Asset Allocation Review, Chicago Teachers Seeking Core Fixed, Small Cap

Among documents added to Public Plan IQ last week were materials for: Alameda, Boston, Fort Worth, LA Water, Louisiana Fire, Marin County, Maryland, Merced County, Miami GESE, Missouri ERS, Milwaukee ERS, Nebraska, Nevada, New Jersey, North Dakota, Oklahoma Police, Rhode Island, San Luis Obispo, San Mateo, Sarasota Fire, Sonoma County, Vermont, and West Virginia. At [...]
24 Jul

Texas ERS Cutting Equity, Ups Alts

Among documents added to Public Plan IQ last week were materials for: Alabama, Austin, Chicago Fire, Chicago Teachers, Connecticut, East Bay Mud, Fairfax Ed, Fresno City, Houston Fire, Illinois State Board, Jackson County, Jacksonville Police, Kentucky, LACERS, LA Fire, LA Water, Maine, New York City, Ohio Highway Patrol, Ohio Workers Comp, Oklahoma Firefighters, PA SERS, [...]
18 Jul

Fund Terms, Due Diligence and Transparency in a Hot Private Equity Fundraising Market

The combination of a low interest rate environment and record distributions from private fund managers in recent years has not just piqued institutional investors’ interest in the asset class, but is leading to real allocation changes. Consequently, GPs that can show a strong track record are in high-demand and closing fundraises in increasingly shorter timescales [...]
17 Jul

New Report Looks at FAANG Stock Trends

The FAANG stocks – Facebook, Apple, Amazon, Netflix and Alphabet/Google – are among the most-watched tech stocks by investors, consultants and asset managers around the world. These companies’ status as household names among the investment industry and the general public and their explosive growth and upside potential have made them among the most popular stocks [...]
17 Jul

Assessing Alpha in Private Equity Returns with Public Market Equivalent Analysis

With private equity experiencing a streak of record distributions over the past four years (figure 1), investors have been quick to re-invest to capture the value private equity brings. This is evidenced by the strong fundraising environment – PEI reported that 2017 H1 global private equity fundraising totaled $264bn, the highest H1 number since 2008 [...]
17 Jul

University of California $10B to Alts

University of California $10B to Alts, CalSTRS Investment Plan, LACERA Rethinks Asset Allocation Among documents added to Public Plan IQ since the July 4th holiday were materials for: Boston, Bristol, CalPERS, CalSTRS, Chicago Police, CCCERA, Dallas ERF, Dallas P&F, El Paso, Fort Worth, Gwinnett, Hawaii, Houston Fire, Illinois Teachers, Imperial County, Iowa Muni, Kern County, [...]