Frontlines

Tail-end funds drive secondary market in 2015

Private equity funds that are at the end of their lifecycles pushed worldwide sales of private equity limited partnership interests up 2.5% to $18.7 billion in the first half of this year, said a new ...

July 27, 2015
CalPERS' hedge fund exit debated

CalPERS' hedge fund exit debated

CalPERS' decision to exit hedge funds was the topic of debate again recently, this time at the CFA Institute's 60th Annual Financial Analysts Seminar in Chicago, July 20-23.

July 27, 2015
Florida allocation fills bill for risk mitigation

Florida allocation fills bill for risk mitigation

A strategic investments allocation implemented by the Florida State Board of Administration is providing the risk mitigation it was created to do.

July 27, 2015

Strategic sales in private equity surging

Private equity sales of portfolio companies to corporations could reach $264.4 billion by year-end, the total value of all of private equity exits in 2014, if predictions by PitchBook Data Inc. are...

July 27, 2015

Korea SWF announces its external managers of the year for 2014

The $86 billion Korea Investment Corp. bestowed its “manager of the year” honor on AQR Capital Management for 2014, the second year in a row the sovereign wealth recognized the firm.

July 27, 2015
PanAgora picks 3 papers for its annual awards

PanAgora picks 3 papers for its annual awards

Hugues Langlois, assistant professor at business school HEC Paris, was awarded the $5,000 Crowell Prize for his paper, “Asset Pricing with Return Asymmetries: Theory and Tests.”

July 13, 2015

Blackstone, Apollo, Bain top wish list

When it comes to the private equity secondary market, salability might be all in the family.

July 13, 2015
Illinois TRS turns to Toigo to find minority interns

Illinois TRS turns to Toigo to find minority interns

Taking a page from the playbook of its participants, the Teachers' Retirement System of the State of Illinois, Springfield, has turned to education as a means of increasing the diversity of its...

July 13, 2015
Group to honor women for their governance efforts

Group to honor women for their governance efforts

Five executives will be honored for their efforts in promoting corporate governance at the 100 Women in Hedge Funds' annual gala on Nov. 11.

July 13, 2015
UTIMCO could move its bullion to Texas

UTIMCO could move its bullion to Texas

University of Texas System, Austin, might be able to store the $662 million worth of gold bars owned by its endowment funds much closer to home.

July 13, 2015

$4B committed to clean energy

The Obama administration on June 16 announced $4 billion in commitments from the private sector, including more than $1 billion from institutional investors for clean-energy investments.

June 29, 2015
Treasury Department's OFR puts market risk info online

Treasury Department's OFR puts market risk info online

Market risk watchers can now see some of the same information provided to members of the Financial Stability Oversight Council and other regulators by the Treasury Department's Office of Financial...

June 29, 2015
No fanfare: BlackRock's Fink just loves music

No fanfare: BlackRock's Fink just loves music

BlackRock Inc. Chairman and CEO Laurence D. Fink spoke on a number of topics at Pensions & Investments' Global Future of Retirement conference — the lack of savings in the U.S.,...

June 29, 2015
Perez defends proposed rule over conflicts

Perez defends proposed rule over conflicts

Labor Secretary Thomas Perez defended his agency's proposed new rule to address conflicts of interest in retirement investment advice at a House hearing June 17.

June 29, 2015

MIT group advocates divestment

Researchers from Massachusetts Institute of Technology, Cambridge, have issued a report recommending that the school divest its $12.4 billion endowment of certain fossil-fuel companies, said MIT...

June 29, 2015