NEWS

State Teachers Retirement System of Ohio plans strategic moves for fiscal year 2025 within its real estate portfolio

The $94 billion pension fund will focus on direct investments in apartments and industrial sectors and will look to reduce allocations to office sector. 

Colorado FPPA discloses 4 new commitments and 3 manager terminations

The $6.9 billion pension fund has made new commitments in real assets, real estate and private capital and terminated public equity and long short equity managers, as disclosed in its recent meeting.

Ohio Police and Fire Pension Fund has made new commitments to its real estate and private credit sleeve

The $18.2 billion system has made two commitments of $50 million each to its private credit sleeve and one commitment of $75 million to its real estate sleeve.

Greece ready to setup its first sovereign wealth fund, welcomes BlackRock FMA on board

Greece will launch its inaugural sovereign wealth fund this week with the support of BlackRock Financial Markets Advisory

Interviews from the Sidelines of ALTS New York

ALTSNY 2024 welcomed over 700 attendees from top private wealth firms, pensions, endowments, foundations, and asset management firms across the tri-state area. This investor-focused forum offered a day of insightful discussions, high-level networking, and exclusive video interviews with industry leaders on the most pressing topics in alternative investments. Watch the exclusive interviews below to gain firsthand insights into the latest trends and strategies.

Maher Al Kaabi on Al Serkal Group's UAE Legacy and Circular Economy Leadership

In an exclusive interview at the Private Wealth Middle East Forum, Courtney McQuade from Markets Group sits down with Maher Al Kaabi, Advisor to Group Chairman and Independent Board Member of Al Serkal Group. Maher provides insights into the rich history and pivotal role of Al Serkal Group, a family business spanning 165 years in the UAE.

Largest US Pension Fund CalPERS to increase allocations to non-core Real Assets strategies

The $501.39 system has repositioned its portfolios to benefit from non-core RA strategies. Core strategies exceed return benchmarks.

New Mexico PERA has added two new strategies in its fixed income portfolio, while eliminating EM Debt portfolio

The $16.3 billion system added bank loans and long-term government bond strategies in its fixed income sleeve, and reduced allocation to real assets sleeve.

LACERA chooses consultant for its hedge funds, credit and real assets portfolios

The winning consultant scored significantly higher on mitigation of conflict, servicing capabilities and technology.

CalPERS Appoints a New CFO

Michele Nix has been promoted to the role of CFO, after ex- CFO Michael Cohen’s appointment as fund’s chief operating investment officer.

Funds SA Appoints an Interim CIO

Matt Kempton, the newly appointed interim CIO will succeed ex-CIO Richard Friend

Saskatchewan Healthcare Employees’ Pension Plan has a new CIO

Dustin Antonini has been named the new CIO of SHEPP, following the retirement of Janet Julé. 

Sompo International Holdings Has a New CIO

Thomas Leone has been named the CIO of Sompo International Holdings, following the retirement of Mark Silverstein. 

Washington State Investment Board Decreases its Public Equity Exposure

The $202.7 billion Washington State received a notice from its risk management and asset allocation team to raise $700 million in cash

Maryland Plans $400 Million Allocation to its Infrastructure Sleeve this Year

CIO Andrew Palmer will invest $400 million to his real assets portfolio with majority of allocation in core strategies against other strategies.

Seattle City re-hires NEPC as Consultant

The investment staff has chosen NEPC as consultant and the final approval will be given by the board of administration on June 13. 

Pennsylvania Public School Employees’ Retirement System Makes a New RE Commitment

Carlyle Realty Partners X focuses on acquiring and developing properties in the US with low correlation to GDP, high operating margins and high tenant retention

New Zealand Super Fund Has a New Acting CIO

Alex Bacchus has been appointed as the new acting CIO and would be stepping in Gilmore’s shoes. Gilmore left the fund to serve as CIO at CalPERS, the largest state public pension fund in the United States.

SWIB’s U.S. Large Cap Outperformance Aided by AI investments

Despite U.S. large cap outperformed the small cap portfolio, the small cap outperformed its benchmark by 2.3% in Q1

Alaska Permanent Hikes Private Equity And Private Income Targets

The system lowered targets for RE, tactical opportunities and cash, in the recent meeting

Experience the Highlights of PENY Through our Photo Gallery

Check out all the photos captured at our 12th Private Equity New York Forum, where industry leaders and top investors gathered for a day of insightful discussions and networking. This education-focused event brought together allocators, asset managers, and executives to explore the latest trends and strategies in private equity, private debt, infrastructure, technology, and more. 

Exclusive: NYC CIO Steven Meier Discusses Strategies and Sectors for AI Investments

As fund managers and allocators gravitate towards investing in AI, Meier discussed the strategies and sectors he finds most attractive.

Exclusive: CIO Jeremy Wolfson Discusses the Strategy for WPERP's Winning Performance

Wolfson tripled the size of his fund, and brought it to 100% funded while using a relatively low-risk approach that wrought 9.1% net returns annualized over the past 5 years. Now he's mulling AI.

Data Centers to Become the Epicenter of AI Investments, Here’s What the Leaders Have to Say

From Steven Meier at NYC to Larry Fink, data centers have become attractive to investors. They plan to allocate through their infrastructure portfolio. 

Church Commissioners of England Appointed a New CIO

Poppy Allonby is the new CIO for Church Commissioners and will start in September. She succeeds Tom Joy.

Exclusive Interviews from the Sidelines: 12th Private Equity New York

Our 12th Private Equity New York Forum brought together over 900 industry leaders and professionals to shape the future of private equity investment. 

Raffles Family Office has a new CEO

Kendrick Lee has taken over the role of CEO, effective from April 1. 

CalPERS’s Jean Hsu Steps Down

Jean Hsu steps down after almost 25 years at the largest US pension fund

Directors Guild of America-Producer Pension and Health Plans has named a new CIO

Anouk van der Boor will take over as the new CIO for Directors Guild of America-Producer Pension and Health Plans from July 1. 

NYU appoints Michelle Knudsen as new CIO

New York University has chosen Michelle Knudsen as the new CIO, effective from the end of June

Exclusive: CIO Mark Steed on Mastering Artificial Intelligence for Portfolios

The chief investment officer of one of the fastest growing funds in the world, Arizona's Public Safety Personnel Retirement System, has been studying AI for a decade. Now he's applying it to his portfolio. 

During this interview, he'll discuss case scenarios that artificial intelligence software can be used effectively, and some of the challenges and risks around it. (Video interview and Transcript)

PSERS may make first public credit commitment of this year in Europe May 31

The Pennsylvania Public School Employees’ Retirement System is set to make its first public credit commitment to mid markets in Europe

Funds SA CIO steps down

Richard Friend, the CIO at Funds SA steps down after eight years of being in the role.

Russell Investments has a new MD for Asia-Pacific region

Russell Investments has promoted Jason Edgar to the role of MD for the Asia-Pacific region from the role of handling corporate development 

Minnesota State Board of Investment make $625 million private market commitments

The $142.1 billion system has made commitments in its PE, RE, RA and PC bucket. 

Exclusive Interviews from the Sidelines: Private Wealth US Retreat

The Private Wealth US Retreat brought together over 200 industry leaders and professionals to shape the future of wealth management. This exclusive event served as a dynamic platform for exchanging ideas, fostering collaboration, and networking among the brightest minds in finance.

Exclusive Interviews from the Sidelines: 3rd Annual Private Wealth Middle East Forum

The 3rd Annual Private Wealth Middle East Forum, held over two enlightening days, served as a premier educational event for single and multi-family office principals, private bank allocators, senior wealth management professionals, and financial intermediaries. Designed to deliver actionable investment solutions and strategies, the forum supported the continued development of the alternatives industry in the region.

Cbus’s deputy CIO set to step down in June

Alexandra Campbell, deputy CIO and head of private markets will leave the fund at the end of June.

Prime Super Appoints New CEO

Raelene Seales has been appointed as the new CEO for Prime Super

Nashville CIO to Step Down this Month

Fadi BouSamra is stepping down after 20 years of working at the pension to pursue new opportunities

LGPS Central CIO Gordon Ross Steps Down

LGPS Central's CIO steps down as a new CEO and chief commercial officer joins

World’s Largest Educator Fund Names Scott Chan to Succeed Chris Ailman

Chan has worked as CalSTRS deputy CIO since 2018.

Texas Teachers Considers Hiking Public Equity and Lowering Private Equity Allocations

Mike Simmons presented potential changes in the recent meeting, to be considered by the board in September

Veco Group has appointed Stefano Fiala as their new CEO

Following Antonio Mandrà resignation after 28 years, the Veco Group has named Stefano Fiala as their new CEO

Exclusive Interviews from the Sidelines: 8th Annual Real Estate Midwest Forum

Watch our exclusive video interviews from the sidelines of our 8th Annual Real Estate Midwest Forum. With a focus on actionable investor content, this event was a melting pot of insights aimed at propelling the real estate investment industry forward in the Midwest. Find out what the leading minds in institutional real estate had to say about diversity, ESG, and how challenging times can offer remarkable opportunities in niche real estate.

Market Chatter, Allocator Viewpoints in the Pacific Northwest Region

Markets Group has conducted an analysis of allocator sentiments in the Pacific Northwest region. This whitepaper showcases the strategies behind institutional investors' successes in the past year, presenting prevailing market conditions and successful investment approaches.

Exclusive Interviews from the Sidelines: 7th Annual Nordics Denmark Institutional Forum

See exclusive video interviews from the sidelines of our 7th Annual Nordics Denmark Institutional Forum where we brought together the Nordics investor community including pensions, endowments, foundations, insurance companies, and investment consultants. You'll get valuable perspectives on selected areas of interest within the Nordics institutional investment landscape.

SURS will seek an extended equity manager

In the recent board meeting, the CIO Michael Schlacter spoke about issuing an RFP for an extended equity manager search to overcome challenges of active strategies.

Black Rock’s CEO Larry Fink Emphasizes to Federal Thrift the Importance of AI Infrastructure

Speaking to the board members of Federal Retirement Thrift Investment Board,  Fink talks about opportunities in AI infrastructure

CIO Andy Stewart on Managing with Integrity

How the chief investment officer of ExchangeCapital Management manages staff with radical candor, how he applies his tech background to investment probabilities, how he approaches due diligence, and currencies.