Daily Feed
Assured Guaranty U.S. Holdings Inc. has entered into an agreement to acquire global credit alternatives manager BlueMountain Capital Management for approximately $160 million.
An OPEB Trust located on the East Coast made maiden investments in emerging markets equity and global fixed-income.
A pension fund in New England has selected finalists in its bank loan manager search and concluded its search for infrastructure managers.
A Southwest pension plan will conduct a search for a new cio following last month’s hire of an executive search firm.
A Southern pension plan approved the addition of a second real estate manager and is slated to increase its target to the asset class to accommodate it.
Nicolas Moreau will become ceo of HSBC Global Asset Management in September.
Foundations continue to shy away from alternative asset classes and have reduced spending in light of lower expected returns, according to a recent study from an investment consulting firm.
A Western state plan is considering altering its portfolio along with changes to its investment manager roster at its board meeting today.
Rockefeller Capital Management is adding two senior advisors to advise the firm on creating long-term strategic solutions for clients, institutions and communities.