Endowments and foundations are leaving no stone unturned in their hunt for yield, looking at increasingly esoteric asset classes like emerging market private capital to help fill the gap.

Similarly, a separate endowment and foundation report from NEPC revealed interest in emerging markets “both through public and private equity allocations,” says Scott Perry, a partner within the endowment and foundation team.

“The interest in emerging markets is being driven by a combination of factors including higher expected growth, relatively attractive valuations and diversification benefits,” he says via email.

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