Los Angeles City Employees' Retirement System adopted a new asset allocation, increasing private equity by 2 percentage points to 16%.
Los Angeles Fire & Police Pensions voted to retain Brandes Investment Partners, which manages $1.1 billion in active international equities.
Johnny Conklin joined Atlantic Street Capital in the new position of partner, leading deal sourcing and business development.
Susie Ardeshir was named executive director and CIO of Arlington County Employees' Retirement System, the first woman to hold the posts.
Apollo Global Management reported $461.1 billion AUM as of March 31, up 1.2% from Dec. 31 and up 46.1% from a year earlier.
KKR reported a 46% gain in assets under management in the first quarter, attributable in part to its acquisition of Global Atlantic.
After nearly 20 years as CalSTRS CEO, Jack Ehnes is retiring and reflecting on his tenure at the nation's second largest pension fund.
Ares Management reported assets under management rose 5.1% in the first quarter and 39.4% for the year to $207.2 billion.
Carlyle Group reported a record $260 billion in assets under management as of March 31, up 5.7% from Dec. 31 and 20% from March 31, 2020.
Blackstone said assets under management rose 4.9% to $648.8 billion as of March 31, hitting an "industry record."
Alternative investment managers’ combined assets under management grew 5.1% to an all-time high of $7.4 trillion in 2020.
Ares' dividend recapitalization of portfolio company DuPage Medical has drawn criticism from Moody's.
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.
CalPERS board voted to add a long-term incentive plan to the compensation package for its CIO position, starting with the 2022 fiscal year.
Investors like health care because it's resilient, but there are risks, such as headline risk, to consider.
Ares' new Pathfinder fund seeks to earn returns for investors and donate to charity.
Lawmakers and plan sponsors are taking a closer look at private equity's impact on health-care providers.
Peak Rock Capital closed its latest middle-market private equity fund at $2 billion, exceeding its $1.3 billion hard cap.
Ares Management's latest real estate fund surpassed its $1.5 billion target and raised 70% more than its predecessor fund.