CalPERS is preparing to restart its search for a new CIO later this summer, after having suspended the recruitment effort in March.
Ray Joseph will be joining the $29.6 billion Los Angeles Fire & Police Pensions as CIO on June 14, replacing Tom Lopez.
Investment opportunities stemming from energy transition are becoming clearer, making it possible for investors to build portfolios.
Alternative managers agree few scenarios anticipated at the dawn of the pandemic came to pass, and trends accelerated in unexpected ways.
Owl Rock and Dyal Capital Partners cleared the last hurdle to a proposed merger with Altimar, following approval of the SPAC's shareholders.
KKR is in its third round of awarding grants to small-business owners and non-profits as part of its $50 million COVID-19 relief program.
After nearly 20 years as CalSTRS CEO, Jack Ehnes is retiring and reflecting on his tenure at the nation's second largest pension fund.
CalPERS board voted to add a long-term incentive plan to the compensation package for its CIO position, starting with the 2022 fiscal year.
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.
Investors like health care because it's resilient, but there are risks, such as headline risk, to consider.
Industrial properties could occupy a larger slice of asset owners’ portfolios due to huge investor interest.
Apollo Global Management's merger with Athene Holdings is the latest in a flurry of deals between alternatives managers and insurance firms.
Apollo Global Management Inc. leaned heavily on capital from its limited partners as it expanded its relationship with Athene Holding.
CalPERS had reduced the number of finalists for its next CIO to three, but the fund has suspended its search without making an offer.
Private credit managers with the help of permanent capital, funds and co-investments, are aiming to make large bank-like loans.
Blackstone is building a real estate and private equity investment "ecosystem" around the life sciences sector.
Los Angeles Fire & Police Pensions plans to commit $700 million to $950 million to private equity in 2021.
SPACs are popular with celebrities and alternative investment firms, but the flush of capital could cut into private equity deal flow.
Apollo Global Management and other alternative managers are pushing to expand into retail investment.
Investor views of some alternative investments shaped by COVID-19 and low interest rates have affected the holdings of the 200 largest plans.
KKR's dislocation opportunities credit fund bought a majority stake in the music catalog of Ryan Tedder and his band, OneRepublic.
Real estate investors and managers expect investment opportunities in 2021, with the proviso that they may have to reassess their plans.