Do Emerging Managers Programs for Equity Managers Make Sense for Public Pensions?
Posted on 12/08/2019
Goldman Sachs Group Inc.’s Petershill unit, Dyal Capital Partners, and New York-based Capital Constellation, Inc. are institutional examples of entities backing emerging private market managers. Capital Constellation is a venture initially supported by Wafra, RPMI Railpen, and the Alaska Permanent Fund Corporation. However, over the past 20 years, U.S. public pensions have developed emerging managers […]