A court denied a request for an injunction to halt Owl Rock Capital Partners' $12.5 billion merger with Dyal Capital Partners and a SPAC.
First Eagle Investment Management lifted out four people from Royce Investment Partners to establish its new small-cap equity team.
Sacramento County Employees rebalanced its equities and fixed-income portfolios and redeemed from a hedge fund that was on its watch list.
Kaitlin M. May was named head of global institutional management at Putnam Investments.
A PRI report shows pension funds and other asset owners are increasingly interested in beneficiaries' preferences on ESG issues.
Paul Griffiths was appointed global head of institutional business at HSBC Asset Management, effective May 5.
Alex Bernhardt joined BNP Paribas Asset Management as global head of sustainability research.
CalPERS board voted to add a long-term incentive plan to the compensation package for its CIO position, starting with the 2022 fiscal year.
Climate envoy John Kerry said the Biden Administration will probably join with Europe in mandating climate risk disclosures.
Jake Cabala was named head of fund partnerships at health-care private equity manager Patient Square Capital.
Ventura County raised targets to large-cap equity, private debt and private equity, and lowered absolute-return fixed income and Treasuries.
Asset owners and money managers must take steps now if the global temperature increase is to be kept below 2 degrees Celsius.
Daniel Celeghin was named managing partner at money manager strategy consultant Indefi, a new position.
Sterling Bancorp agreed to pay $12.5 million to settle a class-action lawsuit filed by the Oklahoma Police Pension & Retirement System.
European private equity deal value and volume hit a quarterly record in the first quarter, boosted by middle-market and microcap deals.
Carrie Peluso's responsibilities now include head of manager research for SSGA's global solutions business, replacing Dennis J. Santos.
BentallGreenOak closed its third European value-added fund, which largely invests in logistics assets, at $2.3 billion.
Two participants in a Kimberly-Clark Corp. 401(k) plan sued the company and plan fiduciaries, alleging breaches of fiduciary duty.
Changing fee-cap rules will not lead to a material increase in illiquid investments by U.K. defined contribution plans, the PLSA said.
Melrose Industries plans to contribute about $138 million to its GKN U.K. defined benefit funds through an asset sale.
Invesco's AUM has been able to keep up with the asset management industry but has trailed better-performing peers. Read the full story.