She resigned her position as deputy executive director July 1.
She resigned her position as deputy executive director July 1.
CIO says pension plan will seek to have Florida legislature lift cap.
VRS earmarks $875 million towards credit fund, real assets
finds SWIB managed less assets in-house in 2021 than in 2017.
Private markets giant invests in digital private
market exchange, adds head of digital assets.
Investment Council votes unanimously on fund commitments, drops Franklin
joins Wafra Inc. to launch co-investment initiative.
OCIO has nearly $8 billion in assets under management.
Earlier this year, the Public Investment Corporation signed a new unlisted assets mandate with its biggest client.
The executive director of Fonds de Réserve pour les Retraites discusses macroeconomics, megatrends, and ESG
Some investors, including Temasek and PIMCO, are seeing value in U.S. Treasuries.
begins for new leader for PE-focused LP group; Choi to serve as interim head.
Martin Ruiz used client money to purchase a $245,000 home, pay $3 million he owed on credit.
Manilla to be replaced by Deputy CIO Barker.
System hopes to enable participants to choose from DB offerings, including private equity and real estate.
Plans see, project big savings from bringing investment functions in-house.
The price of bitcoin has fallen by around two-thirds since November 12.
duties will be assumed by Steven A. Soloria.
Cooperation agreement aims to spur investment networks in Africa, includes 12 SWFs.
The strategy launches with US$1.25B in assets, with a $500M anchor commitment from Hostplus.
Above target, plan makes no new commitments in May, but does back private credit and real assets funds.
Ritholtz Wealth Management sub-advised a ‘minority’ investment in compliance management system.
The 73 members of the Net-Zero Asset Owner Alliance have $10.6 trillion in assets under management among them.
Consolidation is already sweeping through the industry, with at least nine mergers either in progress or under serious consideration.
taps more than 100 institutional investors to blow past hard cap.
would have forced pension funds to sell off some $13B of assets.
Person tapped would replace Andrew Junkin and take over plan that is set with PE in 2022.
ASIC has published a set of guidelines for superannuation funds.
GIC, APG peg The Student Hotel value at $2.1B
Future Fund says it is using Sue Brake’s departure as an opportunity to restructure its investment team.
Family Office Advisor Paul Simon discusses personally investing in pharmaceutical psychedelics to combat mental health issues.
New York-based alternative asset manager Weiss Multi-Strategy Advisers thinks concerns about regulatory risks are overblown.
Budde had been with firm since 2005; also worked at ABRY Partners.
policy allocations could increase 10-year returns from 5.9% to 6.3%.
Sonali Dalal is leaving PSU for the University of St. Thomas.
System also commits over $5 billion of capital to
He spent 14 years at the endowment after leading private markets at Teacher Retirement System of Texas.
Power Sustainable two-thirds of the way toward closing the North American-focused fund.
Mayor of Palm Springs, Calif., appointee to the CalPERS Board of Administration and the first transgender person elected to political office in California, on what companies can do to protect LGBT employees.
Increase is reportedly the largest single rate hike in a single meeting since 1994.
Growth and late-stage VC expected to take worse
hit – an event that may slow fundraising rush.
The $60B Marnier made Corbenic its fourth acquisition of 2022.
Acquisition is the latest in a string of deals along the hot SoCal coastal market.
Market could be worth $1T by 2050, according to some projections.
begins nationwide search for a replacement; Conroy named interim CIO.
Merger would create fund with $49B under management.
Staffan Hansén will join the fund on or before December 1.
Musicco & UTIMCO’s Hall start new roles in downturn.
Kirk Sims joined the $180 billion Teacher Retirement System of Texas (Texas TRS) in 2019 to direct its emerging manager program, and has coached a 5-year annualized return of 11.1%. Here's how he does it.
She will take over building an investment business for the $900 million University of St. Thomas.
Jim Mocci exited $200 billion Fishers Investments for rising RIA EP Wealth Advisors.
finds majority expect allocations to increase by between 5% and 10%.
SERS had been set to commit $125 million to Sentinel Capital Partners.
Veteran CIO describes balance needed to work at a public pension plan.
wealth fund moves quickly to replace former head Petter Johnsen.
plan sells Calgary producer to PE Firm.
institutions using different approaches or holding off, given drop in bonds.
Canadian pension plan sees asset under management grow significantly.
Nielsen takes charge of the $34.8 billion fund after Robert Clark’s departure.
Dustin Johnson, the former world No. 1, and South Africa's Louis Oosthuizen are among those who have quit the PGA tour in favor of the fund’s breakaway series.
Pension fund also approves commitments to three other funds.
University weighing to invest in 18 managers
discovered during process.
Limited partner concerns reported by Coller
Capital include reputation and new sources of capital.
With an initial war chest of $3.6B, Temasek’s new GenZero subsidiary aims to accelerate decarbonization.
Canadian pension fund invests in ports, industrial real estate in UAE.
Star of the South is Cbus’ first direct investment in offshore wind in Australia.
The RIA and private bank landed people from B of A, BB&T, Fifth Third and M&T Bank.
backs Sentinel Capital Partners despite board concerns.
joins from Cook County Pension Fund.
New plan would streamline process and enable more capital to be deployed.
fund sees benefits of investing in Sequoia Capital’s new funds outweigh risks.
After a drop in 2021, capital raised but not committed increases.
adjust outlook for Asia property sector despite declining mortgage rates
Cadillac Fairview, Boreal team to assemble €3 billion logistics portfolio.
However, the world’s largest asset manager still favors developed market equities and inflation-linked bonds on a long time horizon.
Amber McLeod has exited
Crypto asset to RIA business Onramp Invest.
The Public Investment Corporation says its operations head has been suspended pending the outcome of an independent inquiry.
The fund has already made sizable investments in telecommunications, renewable energy and other sectors.
York-headquartered Kudu has raised $800 million after opening in 2018
He oversaw Rice University’s Endowment for many years.
Canadian pension plan combines two units to back companies poised for ‘transformational growth.’
Acrisure will use the capital to continue acquisition momentum.
Alts manager Blackstone appoints Mark Glengarry as Head of Asia-Pacific Origination at its credit unit, BXC.
PERS Sees Value of Stocks Decline by Nearly $3 Billion Between March and April.
Private equity firm will use $25 billion fund to invest in an array of sectors and geographies.
The IMF does not expect a global recession to materialize, although the risks are increasing.
The $35 billion investment advisor also named Kelly Margeni president.
Kristen Oliveri, Head of Private Wealth Content with Markets Group, sits down with Tommy Mayes, Managing Director, Executive Advisor, SunGate Capital, a single-family private equity and investment office, to discuss everything from the direct deal landscape to family governance and family office regulation.
AUM grew 12% in 2021, the sovereign wealth fund says.
Janus Henderson: BHP is set to be the world’s largest dividend payer for the second year in a row.
Asset holdings have been boosted by investment gains and above-average client contributions.
Combination creates $27B multi-family office.
Venture firm sees Web3 entering ‘golden era.’
Canadian pension fund poised to invest in healthcare, vegetable deals.
Climate change could cost the global economy $178 trillion over the next 50 years if left unchecked.
Tennessee retirement system deploys $250M to Blackstone, EQT Exeter RE funds, agrees to exit Denver multi-family.
investment commission also approves new fund commitments as CIO prepares to
$35 billion multi-family office bought Advisor Partners for an undisclosed
may pave the way for other PE firms to buy teams.
will leave Rhode Island and replace Schmitz.
native Gino DeRango will develop and lead client acquisition.
urged to expand peer group and tie compensation to performance.
While the strengthening of the dollar has translated to positive returns for some investors, the longevity of the currency’s rally is uncertain.
The Connecticut startup awarded CFA Cameron Dawson its inaugural C-suite position.
Given the unavoidable impact real estate has on our lives in order to satisfy need for space for various human endeavors, we are all in real estate--but few understand what it takes.
UniSuper is looking to broaden its reach, while ACS says its members will benefit from greater scale if the merger goes ahead.
Apollo will own a minority stake in life science VC firm.
It’s the third mandate since 2015.
Private equity fund of funds is the first for MIM.
A quarter of the division’s positions are open, but aggressive hiring push is on.
Elizabeth Burton’s future plans are not known.
He has been serving as acting director and CIO for nearly a year.
TPG Founding Partner Jim Coulter is pleased with fundraising and deal success.
the denominator effect hits more institutions than usual, it may crimp investors
and make it more difficult for GPs to raise funds.
After netting 9.6%, Teachers' fund buys more shopping plazas.
first investment is all about monitoring carbon.
Fund will make direct investments across PE, private credit, infrastructure and real estate.
Survey shows ESG and diversity and inclusion on the investment team given less importance.
The pension fund is seeking to select a firm by early June.
Northrip and Dimple Shah tapped to lead $475B Advisor Group.
Doñé to oversee Platinum's strategic planning and investor capital development.
The $30 billion Los Angeles Fire and Police Pensions is looking for his replacement.
After a brief garden leave, Ash Williams, former CIO of the Florida SBA, is back in the industry. Why he chose JPMAM, and what he’s watching.
State's Russian investments at 'write-off' point.
Pension fund will look to find new managers.
CEO Marc Rowan
explained the new business model during Milken Institute Global Conference.
Board Approves List of Qualified Candidates
Acrew's Gouw makes notable donation.
Suzanne van Staveren will take over as CFO for the $290 billion independent investment advisor and financial planner.
Blackstone buying spree continues after PS Business Parks acquisition.
Pension fund eyes sale of fund-of-funds stakes.
Plan could allocate more than $300M to asset class in 2022.
New target will help plan move toward endowment model.
Charles H. Hood Foundation at the forefront of pediatric research innovation with help of great-grandson.
Rip Reeves is planning to become a teacher with LSU; a search for his predecessor is ongoing.
Decarbonization Partners joins startup's $125M round.
Battery Ventures, New Mountain, Threshold and ArchiMed are among those backed.
CalSTRS, Florida SBA and Orlando Police pension fund among other pension funds with stakes in social network.
Prior CIO held the post for 10 years.
Plan would move slightly away from some international equities.
Fund seeks to deploy 3% of assets into each sector.
KKR, AEW pen Singapore office sale in Tanjong Pagar.
Alternatives giant finds success in raising capital from array of investors.
Oil fund sees negative returns across equity, fixed-income holdings.
Unit gets a new name and target.
VC and real estate targeted for hikes.
Dinneen was previously CIO at Hamilton College, where she oversaw $1.5B endowment.
Hire could mark a strategy change for university.
Change marks the second increase to sector in two years.
Pension fund's longstanding policy is paying off.
The position will be responsible for all aspects of the governance program for the investment division and the system.
System names Florida SBA Deputy CIO Alison Romano to CIO and CEO positions.
Makes move despite past criticisms of fees paid to managers.
Funding round should hold Tarana until offering.
PERF has allocated 27% of its fund to private equity and 25.2% to public equities.
Penson's hedge fund allocation moves to 3% from 6% to save on asset management fees.