PEI tuned into iConnections Global Alts ‘22 conference in Miami on Tuesday. Here are some highlights:
“Commitment diet”. That’s a new phrase being used by the Robert Wood Johnson Foundation in relation to its allocation plans. “We’re only recommitting to existing managers, and we are trying to manage the bite size,” said CIO Brian O’Neil. “We have occasionally, opportunistically sold funds in the secondary market, but nothing can offset if the [PE] portfolio goes up more than everything else. Those things don’t really change your asset mix.” Read more