Pensions & Investments: Alternatives Spark Decade of Growth for Largest Funds

Nearly a decade after the financial crisis, foundations with an appetite for alternative investments have enjoyed a steady growth in assets.

Assets of the 49 largest private foundations reached $226.3 billion in tax filing year 2016. That is up 3.5% from $218.6 billion the year before and up 29.3% from $175 billion in 2007.