- Largest endowments helped more by alts than smaller pools, says NEPC
- $1bn-plus pools tend to be about twice as exposed to HFs and privates, compared to average
- Endowments/foundations the top target for 19% of hedge funds in 2023: AFI’s business development survey
Greater exposure to alternative investments helped “mega” endowments outpace their smaller peers in the latest fiscal year, according to consulting firm NEPC.
Real assets, hedge funds and private equity protected capital amid the big public market falls in the year to mid-2022.
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