
Yale ups private equity allocation after poor 2009
The Yale Endowment, the $16.3 billion LP for Yale University, decided in July 2009 to up its private equity commitment level from 21% to 26% of its portfolio, despite a 24.3% loss on the asset class over 2009.
The figures, published in the 2009 issue of the Endowment's report, come against a 24.6% fall in the total value of the Endowment from its 2008 level, as most asset classes suffered in the global financial...
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.