Institutional investors around the world that are active in alternative assets are becoming more proactive in managing them, according to a new survey by Preqin, an alternative investments data provider.
Thirty percent of investors surveyed said they had grown their investment teams to source private equity, hedge fund, real estate and infrastructure opportunities over the past two years, and the same proportion expected to do so over the next two years.
Some 35% of investors in each of the four main alternative asset classes planned to increase their allocations over the long term.
As alternative assets become an ever more important part of their portfolios, investors need substantial teams to identify and monitor alternative asset investments, Preqin noted in a statement.
Preqin based its survey on responses from some 380 institutional investors in alternative assets throughout June, July and August. Nearly half of respondents were based in North America, with the remainder in Europe, Asia and the rest of the world. Investors included public and private pension funds, endowments and foundations, insurance companies, asset managers, family offices, banks and investment banks.