Los Angeles County Employees Retirement Association filed a lawsuit seeking to assert independence and autonomy from the county.
White Oak Global Advisors closed its latest direct lending fund, White Oak Yield Spectrum Fund V, with $1.3 billion in capital commitments.
Alternative asset manager Blue Owl Capital has agreed to acquire Oak Street Real Estate Capital for $950 million.
Participants in two defined contribution plans sponsored by Deloitte are suing the company for allegedly breaching its fiduciary duties.
Blair Wallace was named president and CEO of alternative asset manager Vida Capital.
The endowment of Yale University posted a net return of 40.2% for the fiscal year ended June 30.
Harvard University's endowment returned a net 33.6% for the fiscal year ended June 30, bringing the fund's value to $53.2 billion.
Massachusetts Institute of Technology endowment posted a net 55.5% return for the fiscal year ended June 30.
Jordan Robinson was named managing director and head of investor solutions within the asset management business of ORIX Corp. USA.
Michael S. Falk, a partner at Focus Consulting Group, died more than two years after being diagnosed with ALS, his colleagues said.
Institutional investors expect headwinds in trying to outperform return targets, according to a new survey.
University of Iowa Center for Advancement saw its $1.4 billion endowment return 31.9% for the year ended June 30.
University of Arkansas Foundation returned a net 40.1% on its endowment for the fiscal year ended June 30.
Pennsylvania Public School Employees' Retirement System returned a preliminary net 24.6% for its fiscal year, above its policy benchmark of 20.6%.
Three professors were awarded a share of the Nobel Prize for economics for their work with natural experiments and causal relationships.
Theresa McLaughlin was named head of global marketing at T. Rowe Price Group, a new position.
Funding ratios for U.S. corporate pension plans decreased in September, according to four reports.
Most industry insiders are not worried about the U.S. defaulting on its debt, since the consequences would be too dire to contemplate.
Leslie K. Lenzo, CIO at Advocate Aurora Health, has won WIP's annual Distinguished Woman Investment Professional of the Year Award.
Jacqueline Hunt, head of asset management at Allianz SE and Allianz Life in the U.S., is resigning from her day-to-day responsibilities at the firm.
CalPERS and Carlyle Group are leading a group of investors with $4 trillion in assets to create a standardized set of ESG metrics.