He joins from Singapore-based GIC.

The transaction is expected to double CI’s total U.S.-based assets to $46.1 billion.

The board approved assumptions that will raise the costs for nine public entities and their employees.

Hedge fund Melvin Capital has been hit hard by a series of short bets to start the year, down nearly 30% for 2021 through Friday, people familiar with the firm said.

A Great Plains housing authority is searching for a firm to review its asset allocation, provide due diligence on managers and conduct research on investment markets.

Summit Partners, a leading alternative investment firm, today announced the promotion of several professionals across the firm’s global offices.