Latest News

San Francisco invests additional $150 million with Marble Ridge

Hedge Funds

Hedge Funds

San Francisco City & County Employees' Retirement System approved an investment of up to $150 million in a hedge fund managed by Marble Ridge Capital.
LLR Partners raises $1.2 billion for fifth buyout fund

Private Equity

Private Equity

LLR Partners announced the final closing of its latest buyout fund, LLR Equity Partners V, at $1.2 billion.
Neuberger's Dyal said to be in talks to buy HPS stake

ALTERNATIVES

ALTERNATIVES

HPS Investment Partners, the credit manager spun out of J.P. Morgan Chase, is in talks to sell a minority stake to Dyal Capital Partners.
P&I still accepting nominations for Innovators awards

AWARDS

AWARDS

Nominations are still open for Pensions & Investments its 2018 Excellence and Innovation awards.

Money Management

Money Management

Maria Cassisi was named head of North American client services at Aviva Investors.

Money Management

Money Management

Jack Boyce was named head of distribution for North America at Insight Investment.
Commentary: Forget about me – save Social Security

INDUSTRY VOICES

INDUSTRY VOICES

It's still possible for Congress to convert Social Security to a partially funded system, but the time to act is now.

Money Management

Money Management

Michael Schlachter was named director of strategic equities at Los Angeles Capital Management.
PSP Investments returns 9.8% for fiscal year, tops benchmark

Pension Funds

Pension Funds

PSP Investments, which manages the assets of the Public Sector Pension Investment Board, returned a net 9.8% in the fiscal year ended March 31.
Blackstone closes 2 Asia funds with combined commitments of $9.4 billion

MONEY MANAGEMENT

MONEY MANAGEMENT

Blackstone announced the close of a record $7.1 billion real estate fund and a $2.3 billion buyout fund for the Asian region.
GPIF outlines new fee formulas for sharing alpha, offsetting losses

Pension Funds

Pension Funds

GPIF working paper offers details on new performance-based fee structure, including how managers will share in alpha, positive and negative.
Former Schorsch REIT reaches $90 million settlement with Vanguard

Courts

Courts

Vereit has agreed to pay Vanguard Group $90 million as part of a settlement stemming from an accounting scandal when the company was run by Nicholas Schorsch.
68% of institutional investors say responsible investing is important – Aon survey

ESG

ESG

Sixty-eight percent of institutional investors globally consider responsible investing important to their organization to some degree.
Abraaj Holdings said to plan filing for provisional liquidation

PRIVATE EQUITY

PRIVATE EQUITY

Abraaj Holdings, once one of the developing world's most influential investors, plans to file for provisional liquidation in the Cayman Islands.

INFRASTRUCTURE

INFRASTRUCTURE

Heiko Schupp was named global head of infrastructure investments at Columbia Threadneedle Investments, leading a new investment capability and team.