Kevin O'Donnell was named executive managing director of the private funds group at Cresset Partners.
The biggest buyers of leveraged loans are looking to repeat a strategy that generated gains of more than 60% during the early part of the pandemic.
Northwestern plans to limit investments in fossil fuel-related companies and support more clean-energy technology investments.
The SEC fined Ernst & Young $100 million for ethics violations, the biggest penalty imposed by SEC against an auditing firm.
Lockheed Martin Corp. purchased group annuity contracts from Athene Holding to transfer about $4.3 billion in U.S. pension plan liabilities.
State Street, PIMCO, Blackstone and other large asset managers said they would pay for employees' travel expenses related to abortion care.
Ben Johnson, Morningstar's director of global ETF research, will become head of client solutions, asset management, effective July 1.
Six former employees of MITRE Corp. have sued the not-for-profit for alleged ERISA violations in two retirement plans run by the organization.
Nuveen launched an actively managed ETF focused on the global economy's transition to net-zero.
Jean-Rene Giraud, founding CEO of Trackinsight, a global ETF analysis platform, died of a heart attack June 16.
CEM Benchmarking has launched an initiative to create a new global reporting standard for institutional investors.
Norges Bank Investment Management rolls out investment simulator to gain decision-making insight and improve investment choices.
GuideStone Capital Management donated $100,000 to a non-profit that helps Ukrainian refugees affected by Russia's invasion of the country.