Good returns, strong fundraising benefit alternative firms
May 28, 2018 | Arleen Jacobius | Pensions & Investments
A heady brew of returns and fundraising success gave a lift to alternative managers’ assets, but only three sectors saw double-digit growth in 2017.
Even so, the current survey results tell a far happier tale than in 2016, when managers in all but four alternative investment asset classes tracked by Pensions & Investments annual survey lost assets.
Five alternative investment sectors witnessed aggregate declines in U.S. institutional tax-exempt assets under management as of Dec. 31, P&I’s annual money manager survey showed.
