Investments in alternative assets continue to be loud, but are producing diminishing returns increasingly. : Amid announcements of record fundraisings—Sequoia Capital, the largest venture capital fund ever, raised the bulk of a $8 billion fund, while The Carlyle Group raised a $6 billion private equity fund for Asia—there is a rethinking of investing in alternative assets across the globe. The rethinking is coming from Norway’s sovereign wealth fund, Canada’s Healthcare of Ontario Pension Plan (HOOPP), California Public Employees’ Retirement System (CalPERS), Pfizer and the Tata Trusts.