Japan's state pension fund announced changes to its manager lineup for active foreign equities with 19 new mandates; Hong Kong's Mandatory Provident Fund may see a double-digit rebound in 2023; and more.
Leading real estate investors say valuations are reaching unsustainable levels in private markets: time for investors to change their strategy?
Muted enthusiasm for a VC fund has reflected a changing investor appetite for venture capital in China. Mixed-mandate funds are proving to be a tough sell, but buyout investments are taking off.
As a result of the move, co-founder Chris Gradel takes on a newly created role as CIO of the hedge funds and distressed business.