Ken Griffin and Steve Cohen boosted Gabe Plotkin's Melvin Capital, injecting a total of $2.75 billion into the firm after it lost about 30%.
Blackstone plans to merge Alight Solutions with a special purpose acquisition company to create a new publicly traded company, Alight Inc.
The ECB is considering moving to the use of low-carbon benchmark indexes for fixed-income allocations within its staff pension fund.
Asset owners have offered their help in determining how the U.K. financial sector can contribute to the U.K.'s shift to a net-zero economy.
Blackstone's Alight Solutions has agreed to go public via a merger with a special purpose acquisition company backed by investor Bill Foley.
Despite a roller-coaster ride in markets as a result of the coronavirus pandemic, retirement plans ended 2020 with solid investment returns.
Mexico managed to make major reforms to its retirement system last year despite the distractions of the coronavirus pandemic.
CalPERS and CalSTRS are wrestling with COVID-19 impact, staffing and moving their plans forward post pandemic.
As Principal rushes its new pooled employer plan, it's looking to advisers to take a leading role in raising awareness of the option.
Foundations argue for firms failing to meet diversity goals, the best recourse is to fire them and reallocate capital elsewhere.
SPAC launches continue at a hefty pace but most institutional investors remain on the sidelines when it comes to investing directly in them.
KKR's dislocation opportunities credit fund bought a majority stake in the music catalog of Ryan Tedder and his band, OneRepublic.
ETFs targeting TIPS gained $12.8 billion in net flows to close 2020 at $60.9 billion in assets under management.
The COVID-19 crisis stressed emerging market retirement funds, narrowing their path forward as demographic pressures loom.
Ties forged in 1997 could help asset management professionals in China keep abreast of cutting-edge research and best practices in 2021.
The pandemic is the Biden administration's priority, but climate risk and other investor issues are on the table.
With the purchase of Wilshire Associates now completed, its new owners have big plans for the investment consulting and management firm.
CalPERS officials are in the midst of interviewing CIO candidates and expect to name Yu "Ben" Meng's replacement in the first quarter.
Coller Capital closed its secondary private equity fund Coller International Partners VIII at just over $9 billion.