San Bernardino County Employees' Retirement Association returned a preliminary net 33% in the fiscal year ended June 30.
Participants in a MetLife 401(k) plan argued in a suit that MetLife Group and others breached their fiduciary duties in managing the plan.
David Felix, director of alternative investments at Pennsylvania State Employees' Retirement System, has left the pension fund.
Heitman closed three private funds, raising about $3.15 billion in capital commitments to real estate and private debt investments.
Michael Swell, partner and head of global fixed-income portfolio management at Goldman Sachs Asset Management, plans to retire at year-end.
Smith College is seeking a director of investments for the college's new in-house investment office.
Guillaume Mascotto was named managing director, head of environmental, social and governance strategy at Jennison Associates.
Carlyle Group and Mubadala Investment Co. acquired minority stakes in global financial services firm Apex Group.
Melda Mergen was named global head of equities at Columbia Threadneedle Investments, effective Oct. 1.
A report showed 60% of the investment firms the University of California partnered with in 2020 are Black- and/or women-owned.
Yu "Ben" Meng was named executive vice president and chairman of Asia Pacific at Franklin Templeton.
Asset owner and money management executives share their summer reading choices.
The PBGC provided details underfunded multiemployer plans must provide to show they are eligible to receive special financial assistance.
James Barber was named executive vice president, public equities, at Alberta Investment Management Corp.
Tim Patterson, an OMERS senior managing director who left in January, sued his former employer, alleging he was wrongly fired from his job.
Ognjen Sosa was named chief investment officer of Breckinridge Capital Advisors, replacing Laura Lake.
Shanelle Brown was named a director of investments at the $8.3 billion W.K. Kellogg Foundation, managing the public equities portfolio.
Ziegler Capital Management acquired Fitzgerald Asset Management, which specializes in sustainable infrastructure investments.
Brandeis University is seeking a director of investments and an associate director of investments.
Public Sector Pension Investment Board, which manages $168 billion, returned a net 18.4% on investments in the fiscal year ended March 31.