U.S. Pensions Wrestle With Recession Cash-Crunch Scenarios

As fears of a potential downturn grow, many U.S. pensions are just starting to stress-test their holdings to see how a recession might affect their cash flows. “Most institutions are doing something to be prepared right now,” said Andrea Auerbach, Global Head of Private Investments for Cambridge Associates. “Fewer are doing a lot.”

Check out the full article in WSJ PRO: Private Equity.