GPIF Initiates Alternative Assets Database to Enhance Investment Strategy
The Government Pension Investment Fund (GPIF) is expanding its footprint in alternative investments, targeting infrastructure, private equity, and real estate. A new database is under construction to systematically track fund performance, aiming to secure excess returns beyond traditional markets.
Quantitative analysis has been historically limited in this space, with evaluations often restricted to basic metrics like internal rate of return. GPIF's initiative seeks to disrupt this norm by aggregating granular data directly from fund managers worldwide, enabling deeper insights.
Eagle Investment System LLC, a BNY Mellon affiliate, has been enlisted to support this effort. The MOVE aligns with GPIF's fifth Medium-Term Target, emphasizing strategic allocation to alternatives as a driver of alpha generation.
