A lawsuit alleging Kentucky Retirement Systems illegally invested some participants' retirement assets in alternatives has been dismissed.
Gordon Hartogensis' nomination to serve as director of the PBGC will be considered Sept. 27 by the Senate Finance Committee.
Texas Teacher Retirement System is searching for a director to run the fund's emerging managers program.
New York Comptroller Thomas P. DiNapoli expressed concerns over the "potential financial and reputational risks associated with McDonald's chicken welfare practices."
Hedge fund Emerging Sovereign Group is returning money to investors after almost two decades and its founders plan to trade their own capital.
Texas Teacher Retirement System's net returns top their benchmark for all reported periods except the most recent quarter.
Richard Cazenove was named partner and senior portfolio manager at Cheyne Capital Management.
Alternative money manager Tikehau Capital has entered into exclusive negotiations to acquire French real estate firm Sofidy.
University of California's general endowment returned a net 8.9% for the fiscal year ended June 30 and its pension fund, 7.8%.
Mark Lazberger, the CEO of Colonial First State Global Asset Management since June 2008, will leave the firm in December.
Baltimore County must pay back employees who had to contribute to the county's pension fund at a higher rate than their younger co-workers.
David Norris was named head of U.S. credit at TwentyFour Asset Management, Vontobel Asset Management's London-based fixed-income boutique.
Blackstone Group agreed to buy a portfolio of warehouses from Harvard University's endowment for about $950 million.
The Thrift Savings Plan will increase stock allocations in its lifecycle L Funds beginning in January.
Assicurazioni Generali has announced the launch of Aperture Investors, founded with and led by former AllianceBernstein CEO Peter Kraus.