Germany’s sovereign wealth fund Kenfo plans to increase its allocation to private markets from 25% to 30% over the next two years, with future commitments focused on infrastructure and real estate while adopting a more selective approach to private equity, according to a report by Bloomberg.
Kenfo, which manages more than €28bn and was established to fund Germany’s long-term nuclear waste disposal liabilities, said it continues to see attractive investment opportunities in private infrastructure...
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