Cbus looks closer at risk on its table

With $3 billion in alternative assets, Cbus has begun searching for an investment analyst to monitor the hefty allocations, which account for almost one quarter of the fund’s capital.

Trish Donohue, investments and governance manager at Cbus, said the fund required a dedicated resource to monitor the risk exposures within its alternatives portfolio – particularly its private equity and infrastructure investments.

Cbus already employed two investment analysts to cover its portfolios, but needed an internal resource to focus on alternatives, Donohue said.   

This would entail analysing the performance, operations and objectives of currently held managers and liaising with Frontier Investment Consulting, the fund’s asset consultant, when concerns were uncovered.

It is understood that a third investment analyst would enable the fund to dedicate resources to fixed income, listed equities and the unlisted space.

 

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Suspensions and redemption queues ‘speed bumps’ on private credit road: Blue Owl

Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.

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