crowd

July Was the Month the Crowded AI Trade Reversed

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

The Editorial Team

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Public Pensions Pursue ‘Responsible Experimentation’ With AI

James Comtois

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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

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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

stuck money

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

Michelle Celarier

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

Recent Articles

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

Geric Cruz/Bloomberg

Dillon Trust Sees Opportunity in Water Despite Political Risks

James Comtois

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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

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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

Bing Guan/Bloomberg

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

James Comtois

China Is Back in Portfolios — But Only for Investors Who Can Live With the Risk

U.S. money is returning to Chinese tech stocks as valuations tempt and politics loom, forcing asset managers and advisers to balance profit against volatility.
<p>China Is Back in Portfolios — But Only for Investors Who Can Live With the Risk</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