Wall Street Journal article "Endowments, Foundations Continue March Into Private Equity Even as Return Outlook Dims" covered NEPC's quarterly Endowments & Foundations Survey.
"Most endowments and foundations aren’t tapping the brakes on private equity, even if many predict the asset class won’t be the same engine of returns as before. Slightly more than half of such institutions are gearing up to increase their allocations to private equity in the next 12 months."
Read the full article on Wall Street Journal Pro's website here.(Subscription required)