Private markets

Institutional allocations to private markets to rise again in 2021, finds Commonfund investor survey

Institutional allocations to private markets to rise again in 2021, finds Commonfund investor survey

Institutional investors are planning to increase allocations towards private markets in 2021, with a particular focus on small and medium-sized US private equity funds as well as venture capital, secondary and co-investment funds, according to Commonfund Capital’s fourth annual private markets investor sentiment survey.

DEDICATED MANAGED ACCOUNTS

Demonstrating control in a crisis (again): How Covid-19 has reaffirmed the hedge fund allocator shift to dedicated managed accounts

Demonstrating control in a crisis (again): How Covid-19 has reaffirmed the hedge fund allocator shift to dedicated managed accounts

By Joshua D Kestler, Global Head of HedgeMark, BNY Mellon – In the 12 years since the 2008 financial crisis, many large institutional investors have adopted Dedicated Managed Account (DMA) structures in order to address the challenges in commingled hedge funds that were exposed during the crisis (click here for a brief refresher). These investors were well-prepared to more effectively manage their portfolios through the market volatility which has resulted from the Covid-19 pandemic while eliminating many of the structural risks that can be exacerbated during a crisis scenario.