Marion Halftermeyer

(Bloomberg) -- While a recent selloff in shares of chipmaker Nvidia Corp. may have fueled fears of an artificial intelligence bubble, investors and

'The most dangerous thing you can do around AI investing is to stay on the sidelines.'

Elite US universities have long been private equity trailblazers, plowing billions of dollars into the asset class.

Elite US universities have long been private equity trailblazers, plowing billions of dollars into the asset class.

Given endowments' high allocations to private equity, “there looks to be more artful navigating ahead,” Markov said in its study. The schools may need to come up with other sources of cash to cover future spending needs, as private equity hasn't been returning as much money to investors as expected.

The California Public Employees’ Retirement System reported a 9.3% gain for its latest fiscal year, with returns driven largely by public equity investments and private debt.

Texas’ largest public pension fund has decided to shift almost $10 billion out of private equity investments, a blow to an asset class that has faced heightened scrutiny amid dwindling returns and a slowdown in exits for portfolio companies.

She had been accused of interfering with investment decisions The fund is overhauling its processes for investment referrals

Gabrielle “Ellie” Rubenstein, a daughter of Carlyle Group Inc. co-founder David Rubenstein, resigned from the board of Alaska's sovereign wealth fund following allegations that she improperly interfered with investment decisions.