Judge denies Sixth Street bid to block Dyal-Owl Rock merger
April 21, 2021 01:22:16 PMA 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 starts small-cap equity team with liftout from Royce
April 21, 2021 01:11:50 PMFirst Eagle Investment Management lifted out four people from Royce Investment Partners to establish its new small-cap equity team.
Sacramento County Employees rebalances equity, fixed-income portfolios
April 21, 2021 12:30:16 PMSacramento County Employees rebalanced its equities and fixed-income portfolios and redeemed from a hedge fund that was on its watch list.
Chicago Policemen on lookout for passive manager
April 21, 2021 12:21:52 PMPutnam Investments names head of global institutional management
April 21, 2021 11:45:43 AMKaitlin M. May was named head of global institutional management at Putnam Investments.
Pension funds hear from beneficiaries on ESG – report
April 21, 2021 11:34:17 AMA PRI report shows pension funds and other asset owners are increasingly interested in beneficiaries' preferences on ESG issues.
HSBC Asset Management selects next global head of institutional business
April 21, 2021 10:52:07 AMPaul Griffiths was appointed global head of institutional business at HSBC Asset Management, effective May 5.
BNP Paribas AM picks global head of sustainability research
April 21, 2021 10:46:43 AMAlex Bernhardt joined BNP Paribas Asset Management as global head of sustainability research.
CalPERS board votes to add long-term comp for CIO post
April 20, 2021 07:11:10 PMCalPERS board voted to add a long-term incentive plan to the compensation package for its CIO position, starting with the 2022 fiscal year.
U.S. likely to join Europe in mandating climate risk disclosure – John Kerry
April 20, 2021 03:55:23 PMClimate envoy John Kerry said the Biden Administration will probably join with Europe in mandating climate risk disclosures.
Patient Square Capital adds head of fund partnerships
April 20, 2021 02:22:53 PMJake Cabala was named head of fund partnerships at health-care private equity manager Patient Square Capital.
Ventura County Employees adjusts target allocations after asset-liability study
April 20, 2021 02:10:28 PMVentura County raised targets to large-cap equity, private debt and private equity, and lowered absolute-return fixed income and Treasuries.
New York State Common slates $400 million for renewable energy
April 20, 2021 01:01:28 PMTexas County commits $100 million to another Taconic credit fund
April 20, 2021 12:45:10 PMMSCI urges capital markets players to act on net-zero ambitions
April 20, 2021 12:28:32 PMAsset owners and money managers must take steps now if the global temperature increase is to be kept below 2 degrees Celsius.
Indefi hires New York-based managing partner
April 20, 2021 12:20:30 PMDaniel Celeghin was named managing partner at money manager strategy consultant Indefi, a new position.
Sterling Bancorp to pay $12.5 million to settle Oklahoma Police suit
April 20, 2021 12:09:48 PMSterling 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, volume hit records for first quarter
April 20, 2021 10:44:12 AMEuropean private equity deal value and volume hit a quarterly record in the first quarter, boosted by middle-market and microcap deals.
Ohio State Teachers calls on Hellman & Friedman buyout fund
April 20, 2021 09:56:31 AMSSGA promotes executive to head of global manager research
April 20, 2021 09:50:48 AMCarrie Peluso's responsibilities now include head of manager research for SSGA's global solutions business, replacing Dennis J. Santos.
BentallGreenOak closes latest European fund at $2.3 billion
April 20, 2021 04:30:01 AMBentallGreenOak closed its third European value-added fund, which largely invests in logistics assets, at $2.3 billion.
Kimberly-Clark 401(k) participants sue over high fees
April 19, 2021 03:45:24 PMTwo participants in a Kimberly-Clark Corp. 401(k) plan sued the company and plan fiduciaries, alleging breaches of fiduciary duty.
Fee-cap changes will not alter DC investment in illiquids – PLSA
April 19, 2021 02:56:19 PMChanging fee-cap rules will not lead to a material increase in illiquid investments by U.K. defined contribution plans, the PLSA said.
Melrose Industries to plug U.K. pension deficit by selling assets
April 19, 2021 02:38:44 PMMelrose Industries plans to contribute about $138 million to its GKN U.K. defined benefit funds through an asset sale.
Invesco’s bid for performance gains
April 19, 2021 02:14:06 PMInvesco's AUM has been able to keep up with the asset management industry but has trailed better-performing peers. Read the full story.