CIO David Erickson Explains Strategic Allocation Increase To Public, Private Equity | Ascension Investment Management | Q&A
David Erickson is the chief investment officer at Ascension Investment Management, where he oversees the administration, management, and coordination of all investments, totaling approximately $50 billion in assets. In this interview, he discussed how Ascension broadly increased its strategic allocation to equities; why the investment office will operate with a more hybrid approach going forward; and credits Ascension's governance structure for being supportive and fast-moving.
How SFERS Achieved Its Top Ranking In Public Equity Investment | Han Pham, Director of Public Equities | Q&A
Han Pham is director of public equities at San Francisco Employees' Retirement System (SFERS). In this interview, Han spoke about the challenges of public pension investing in a city known for its political activism, why SFERS became a thought leader in ESG investment, and how she and her team overhauled the SFERS public equities portfolio to achieve the top ranking among public pensions.
During the private equity panel at the Trusted Insight Summit 2019, senior-level investment leaders from two endowments, a health care system, and a public pension shared their thoughts on how private markets will continue to develop in the next decade and how it will impact institutional portfolios. They also discuss why they will continue strategic and consistent deployments into private equity rather than a tactical approach; the emerging market opportunities that they are focused on; and how active and hands-on they are when working with new funds.
Inside West Virginia Investment Management Board's 'Disciplined' Investment Office | James Herrington, PE Investment Officer | Q&A
James Herrington is a private and public equity investment officer at the West Virginia Investment Management Board (WVIMB), which he joined in 2008. In this interview, he discusses juggling both his roles at WVIMB and at his advisory firm; the WVIMB's very disciplined investment approach; and how they've been tackling the underfunded problem.
U.S. college endowments rebounded in fiscal 2017 from their worst annual decline since the 2009 recession, fueled by a stock market rally that accelerated after Donald Trump’s surprise victory.
<p>Wall Street appears to have lost its taste for the resurgent U.S. shale industry as oil prices tumble and energy share prices fall.</p>
JAB Holding, the family-controlled investment group, bought the US bakery and sandwich chain Panera Bread for $7.5 billion last week. The acquisition meant that Panera went from being a listed business to a privately-owned one.
2016 was a bruising year for university endowments. More than 80 percent of the funds lost money, including the largest ones. Half of the ten largest university endowments ended up in the red, Trusted Insight’s research shows. One may argue that endowments are long-term investors that should look beyond one year. So does a one-year loss translate into bad investing?
In the United States, the ten largest university endowments manage a total of $177 billion in assets (close to a third of the national total). The ten largest endowments, eight of which manage greater than $10 billion in assets, like-mindedly have a stronger preference in alternative assets.
<p>The founder of a London-based investment fund that focused on what it called “constructive activism” has joined <a href="http://www.dealstreetasia.com/?s=softbank">SoftBank </a>Group Corp. to help manage its new $100 billion technology vehicle.</p> <p>Knight Assets & Co. LLP’s Chief Investment Officer Akshay Naheta joined SoftBank’s Vision Fund and will help guide its public equity investments and potential acquisitions, according to a person with knowledge of the appointment.</p>