crowd

July Was the Month the Crowded AI Trade Reversed

For months, PivotalPath warned that managers were becoming more and more concentrated in the same AI-related trades.

The Editorial Team

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For Members Only

Light Street Stung by July Tech Rout, Still Tops Broader Market

Stephen Taub

Greg Peters

PGIM’s Greg Peters: AI’s Debt Boom Is Giving Credit Investors Rare Leverage.

Julie Segal

2016-11-angelo-calvello-col-cyberattacks-large.jpg

From the Archive: Data Sabotage Might Be the New Cyberattack

Angelo Calvello

IBM's Softlayer Cloud Data Center Ahead of Earns Figures

Commonfund Remains Optimistic About Equities, But Warns AI Boom Will Slow

James Comtois

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Why OCIO Firms Are Targeting Healthcare Portfolios

James Comtois

new

D.E. Shaw’s Latest Offering

Stephen Taub

AI

Opinion: The AI Diligence Question Every Asset Owner Should Be Asking

Angelo Calvello

clues
For Members Only

Greenlight Gains 5 Percent in July, But Clues to Rally Remain Scarce

Stephen Taub

startup

Hedge Funds Back Record Number of Billion-Dollar VC Funding Rounds

Stephen Taub

Geric Cruz/Bloomberg

Dillon Trust Sees Opportunity in Water Despite Political Risks

James Comtois

stuck money

More Than $1 Trillion Is Stuck in ‘Zombie’ Private Equity Funds

Michelle Celarier

Bing Guan/Bloomberg

After Buying Out the State of Michigan Retirement Systems, Domain Expands Multi-Family Real Estate Firm

James Comtois

magnifying glass

Opinion: Private Markets Face Their Next Test

Thomas Deinet

debt

A BDC Watchlist Finds $5.7 Billion in Portfolio Loans ‘At-Risk’

Michelle Celarier

podcast Kencel July 15

Churchill’s Ken Kencel on Private Credit’s Second Act

Julie Segal

workers

Opinion: When Workers’ Capital Funds Their Own Displacement

Angelo Calvello

art-slowdown.jpg

Despite the Hype, Asset Managers Are Measured in Their AI Spend

James Comtois

Recent Articles

Artificial intelligence chatbot engaging with user requests, demonstrating the capabilities of ai in enhancing communication and improving customer service experiences

Public Pensions Pursue ‘Responsible Experimentation’ With AI

James Comtois

hospital
For Members Only

Biotech IPO Fever Shows No Signs of Breaking

Stephen Taub

biotech
For Members Only

RA Capital’s SPAC Finds Partner

Stephen Taub

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North Carolina Expands Barings Mandate With $2.1 Billion for RE Debt and Capital Solutions

James Comtois

market
For Members Only

Haidar Overhauls Portfolio as Losses Mount

Stephen Taub

Iowa flag with a coin stack base, symbolizing Iowa and currency.

Building the Bench: How the University of Iowa Is Training the Next Generation of Insurance Investment Talent

tech
For Members Only

Seligman Ventures Makes Ninth Investment Since February

Stephen Taub

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Nevada PERS Names Successor to Manage the $79 Billion Passive Portfolio

James Comtois

Carvana
For Members Only

After a Remarkable Run, Concentration Cuts Both Ways

Stephen Taub

II Reveals More Nominees for the 2026 Allocators’ Choice Awards. Now It’s Time to Vote.

The finalists for Corporate Pension Plan CIO, Team of the Year, Allocator/Manager Partnership, and the award for Leadership and Vision are out now.
<p>II Reveals More Nominees for the 2026 Allocators’ Choice Awards. Now It’s Time to Vote.</p>
AI Is Making Even Tech Hedge Funds Look Like the S&amp;P 500

AI Is Making Even Tech Hedge Funds Look Like the S&P 500

PivotalPath’s data suggests AI concentration is no longer just reshaping benchmarks. It’s making it harder for even specialized tech investors to look meaningfully different from the market itself.
Julie Segal May 27, 2026