Inflation, market volatility, and lower than expected investment returns challenged institutional investors in the US throughout 2022 and early 2023, yet investors remain optimistic, according to Cerulli Associates.
BlackRock Private Markets has raised EUR774 million (USD844 million) in initial investor commitments for the BlackRock Europe Property Fund VI (“EFVI” or the “Fund”) at its first close, with capital provided by a diverse set of global institutional investors, including new clients and LPs from prior vintages.
Alternatives data provider, Preqin has published its Fundraising for first-time managers: A guide to raising capital report.
Tradeweb Markets Inc, global operator of electronic marketplaces for rates, credit, equities and money markets, has reported total trading volume for November 2023 of USD38.2 trillion. Average daily volume (ADV) for the month was a record USD1.80 trillion, an increase of 59.2 per cent year-over-year (YoY).
A new survey conducted by the independent global investment consultancy, bfinance, on the topic of endowment and foundation investment has revealed a challenging investment climate, asset allocation intentions, and the importance of ESG. The Endowment & Foundation survey, dated November 2023, features data from 61 asset owners from 16 countries.
Cedric Bucher, CFA, CEO Hearthstone Investments, writes that with the increasing popularity of private market assets, the proportion of such investments held by institutional investors can now make up a significant part of the overall portfolio allocation.
Brown Brothers Harriman & Co has announced the launch of InfuseDX, described as a completely new way for its clients to view, customise, and package their data, to enable faster and more informed decision making.
Coincover, a blockchain protection company, has joined forces with Utila, a crypto operations platform in a move designed to bring together Coincover’s protection solutions and Utila’s secure, non-custodial wallet infrastructure.
Digital asset business Fineqia International has announced its strategic investment in Criptonite Asset Management SA, a digital asset management firm, regulated by the Swiss Financial Market Supervisory Authority (FINMA).
Digital asset exchange, Bullish, led by Tom Farley, has announced that it has acquired CoinDesk, the integrated media, events and index platform for the future of finance, from Digital Currency Group (DCG).
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