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Viewing stories published on November, 29, 2017. Click here to view latest.

54% of private equity executives get a raise in 2017

Alternatives -

Alternatives -

Some 54% of private equity executives reported a base salary increase in 2017 compared to 2016, down from 57% with an increase last year.
QMA recruits head of international distribution and global consultant relations

Money Management -

Money Management -

John Gee-Grant was named head of international distribution and global consultant relations at Quantitative Management Associates, spokeswoman Judith Flynn said.
House committee hears PBGC multiemployer program issues

Pension Funds -

Pension Funds -

The Pension Benefit Guaranty Corp.'s multiemployer program "is in dire straits and getting worse," said Director W. Thomas Reeder Jr.
BT Pension Scheme is said to consider sale of money manager Hermes

MONEY MANAGEMENT -

MONEY MANAGEMENT -

BT Pension Scheme is considering a potential sale of Hermes Fund Managers.
Avaya to pay PBGC $340 million as part of restructuring agreement

Pension Funds -

Pension Funds -

Avaya Inc. will give the PBGC $340 million and 5.5% of shares as part of a Chapter 11 reorganization plan approved Tuesday.

Pension Funds -

Pension Funds -

Halifax Regional Municipality Pension Plan hired executive search firm Odgers Berndtson to help the pension fund select a new CEO.
Eurazeo to take 30% stake in French private equity manager Rhone Group

Private Equity -

Private Equity -

Eurazeo agreed to acquire a 30% stake in French private equity firm Rhone Group.
U.K.'s Financial Conduct Authority investigates 4 money managers for sharing IPO information

Regulation -

Regulation -

Four money management firms are under investigation by the U.K.'s Financial Conduct Authority for allegedly violating competition rules in equity markets.

Money Management -

Money Management -

Jenny Yoe was named head of U.K. pensions at State Street Global Advisors.
Commentary: The 'internet' of stocks and bonds

INDUSTRY VOICES -

INDUSTRY VOICES -

Technology is changing the way economic health should be measured and, accordingly, the way investors position themselves.
Mubadala acquires Verno Capital's private equity consulting unit

Sovereign Wealth Funds -

Sovereign Wealth Funds -

Mubadala Investment Co., the sovereign wealth fund of Abu Dhabi, agreed to acquire Verno Capital's private equity advisory unit.
Marin County Employees lowers assumed rate of return

Pension Funds -

Pension Funds -

Marin County Employees' Retirement Association reduced its assumed rate of return to 7% from 7.25% as the result of decreased future return expectations.