Germany’s Wealth Fund to Hike Private Markets Exposure to 30%

German sovereign wealth fund Kenfo plans to increase its allocation to private markets from 25% to 30% over the next two years. It also intends to trim its exposure to private equity, signaling a shift within private-market risk toward other private strategies.

Analysis

German sovereign wealth fund Kenfo plans to increase its allocation to private markets from 25% to 30% over the next two years. It also intends to trim its exposure to private equity, signaling a shift within private-market risk toward other private strategies.