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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.