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1 week ago | 
pionline.com | Larry Rothman
Breadcrumb Home INTERACTIVE May 08, 2025 12:41 PM Tweet Share Share Email More Reprints Print Endowments and foundations had more than 35% of their portfolios invested in alternative assets at the end of 2024, according to Preqin’s Institutional Allocation Study 2025. Private equity was the largest alternative asset class with a 16.9% allocation, followed by hedge funds at 12.9%.
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1 week ago | 
pionline.com | Larry Rothman
Breadcrumb Home INTERACTIVE May 06, 2025 01:29 PM Tweet Share Share Email More Reprints Print More than half of plan sponsors cited increasing job satisfaction, retaining employees and assisting employees’ efforts in saving for retirement as reasons to offer a 401(k) plan, according to a Transamerica Institute and Transamerica Center for Retirement Studies’ recently released report, "New Frontiers: Employers and the Evolving Workforce." It surveyed nearly 1,900 employers in September and...
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1 week ago | 
pionline.com | Larry Rothman
Breadcrumb Home INTERACTIVE May 05, 2025 12:12 PM Tweet Share Share Email More Reprints Print Business development companies, which invest in less-liquid small- and midsize companies’ equity and debt, underperformed the more liquid U.S. high-yield and U.S. investment-grade bond universes this year. The S&P BDC index lost 5.9% year to date through April 30.
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2 weeks ago | 
pionline.com | Larry Rothman
Breadcrumb Home INTERACTIVE April 30, 2025 12:56 PM Tweet Share Share Email More Reprints Print Current employees have different thoughts about retirement income sources compared with retirees’ current income generators, according to the recently published 2025 EBRI/Greenwald Retirement Confidence Survey conducted by the Employee Benefits Research Institute and Greenwald Research from Jan. 2 through Feb. 3.
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2 weeks ago | 
pionline.com | Larry Rothman
Breadcrumb Home INTERACTIVE April 29, 2025 01:17 PM Tweet Share Share Email More Reprints Print Corporate, public and Taft-Hartley pension plans had varying first-quarter returns, based on the Confluence All Defined Benefit Plan Sponsor Universe breakout. Corporate plans had the highest median return, 1.7%, due to the relatively high fixed-income allocation. Public pension funds lagged with a -0.5% return.
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4 weeks ago | 
pionline.com | Larry Rothman
Breadcrumb Home INTERACTIVE April 18, 2025 11:03 AM Tweet Share Share Email More Reprints Print Getty Images/iStockphoto The Trump administration has issued several executive orders aimed at curbing diversity, equity and inclusion in the federal government and at companies, including publicly traded firms. This comes on the heels of certain states introducing and passing anti-DEI legislation.
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4 weeks ago | 
pionline.com | Larry Rothman
The Trump administration has threatened to cut $2.2 billion in federal funding to Harvard University. However, the university had $53.2 billion of investment assets in its endowment as of June 30. That’s 27% higher than 2020’s $41.9 billion. Notably, the university has certain spending restrictions on most endowment funds because donors often mandate what their gifts support. Most of the endowment’s assets, 38.6%, were allocated to private equity. That was followed by hedge funds at 31.7%.
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1 month ago | 
pionline.com | Larry Rothman
Breadcrumb Home INTERACTIVE April 15, 2025 02:45 PM Tweet Share Share Email More Reprints Print Out of 298 pension funds analyzed by S&P Global Market Intelligence, 174 were overallocated to private equity at the end of the first quarter. Narrowing it down to U.S. public pension plans with the largest dollar amounts allocated above their private equity targets, they were 116% to 142% higher.
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1 month ago | 
pionline.com | Larry Rothman
The U.S. corporate high-yield default rate stood at 2.5% for the 12 months ended on Feb. 28, according to data provided by Fitch Ratings. The default rate was 2.9% and 2.6% in 2023 and 2024, respectively. In 2009, during the Great Recession, defaults hit 14%. U.S. corporate high-yield spreads stand at more than 450 basis points, a sharp increase from the 287 basis points at the end of 2024.
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1 month ago | 
pionline.com | Larry Rothman
Nearly 60% of limited partners expect to increase their allocations to private equity this year, based on responses to the recently released S&P Global Market Intelligence's 2025 Private Equity and Venture Capital Outlook survey the firm conducted from November to January. Half plan to increase their infrastructure and private credit allocations. Most of the LPs said they would maintain or increase allocations to various alternative asset classes.
