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Ares taps first London private equity managing director

Charles Steel was named managing director in Ares Management's private equity group — the first London-based member of Ares' private equity group.

May 24, 2013 | 04:22 pm

California bill would allow closed session for pension funds' alts discussions

The portion of a California bill that would have shielded public records disclosure of non-publicly traded real estate has been deleted.

May 24, 2013 | 04:25 pm

3i in bid for Barclays infrastructure funds division

3i Group offered to buy Barclays PLC's European infrastructure fund business as the U.K.'s biggest publicly traded private equity firm seeks to boost investments in the region's physical assets.

May 24, 2013 | 04:19 pm

Alaska Permanent looks to boost internal staff to bring some investments in-house

Alaska Permanent Fund Corp. will create three internally managed investment programs.

May 24, 2013 | 04:12 pm

Illinois Teachers to begin process to replace transition managers

Illinois Teachers' Retirement System, Springfield, will go back to the list of transition managers used in a 2012 search and will “refresh the RFIs” to find replacements for Credit Suisse ...

May 24, 2013 | 03:31 pm

San Diego City Employees adopts new asset allocation

San Diego City Employees' Retirement System adopted a new asset allocation, said Christina Di Leva, communications manager for the $6 billion pension fund in an e-mailed response to questions.

May 24, 2013 | 03:27 pm

Bridgewater adds energy entrepreneur as senior management associate

Christina Lampe-Onnerud was named a senior management associate at Bridgewater Associates.

May 24, 2013 | 02:53 pm
Pension funds stick with ISS despite SEC settlement

Pension funds stick with ISS despite SEC settlement

Clients of Institutional Shareholder Services aren't letting the proxy-voting advisory firm's settlement with the SEC affect their relationship, according to pension funds responding to inquiries.

May 24, 2013 | 02:25 pm

Co-portfolio manager of growth equities to leave Boston Co. Asset Management

B. Randall Watts Jr. will leave The Boston Co. Asset Management at the end of this year.

May 24, 2013 | 01:56 pm

Mercer hires delegated DC leader for investment business

Liana Magner has been appointed U.S. delegated DC leader for Mercer's investments business.

May 23, 2013 | 04:20 pm
ISS pays $300k to settle SEC charges over proxy vote confidentiality breaches

ISS pays $300k to settle SEC charges over proxy vote confidentiality breaches

The SEC on Thursday settled with Institutional Shareholder Services on charges “for failing to safeguard the confidential proxy voting information of clients participating in a number of...

May 23, 2013 | 12:47 pm
EU's draft money manager pay rules will backfire, lawmaker says

EU's draft money manager pay rules will backfire, lawmaker says

European Union proposals to limit fund manager bonuses are “crude” and would drive up fixed salaries if implemented, said Syed Kamall, a London-based member of the European Parliament.

May 23, 2013 | 03:57 pm
Fidelity 401(k) client account average balances hit $80,900

Fidelity 401(k) client account average balances hit $80,900

The average account balance for participants in 401(k) plans for which Fidelity Investments is the record keeper achieved a record high of $80,900 for the quarter ended March 31.

May 23, 2013 | 03:12 pm

Bentall Kennedy adds SVP for CalPERS' core U.S. industrial property portfolio

Steve Lekki was named senior vice president, portfolio management, at Bentall Kennedy.

May 23, 2013 | 02:01 pm

Alabama Deferred Comp names 4 finalists in record keeper search

Alabama Deferred Compensation Plan, Montgomery, named four finalists in its search for a record keeper.

May 23, 2013 | 01:50 pm
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