Equity holdings fall by 22% in 20 years as pensions turn to alts in search of alpha.
It was the usual setup for panelists at a finance conference talking about making smart investments. They were all the same gender.
South Carolina Gov. Henry McMaster (R) wants to end the state employee pension plan and shift all new state workers into a defined contribution plan.
The world’s biggest pension fund has decided lending its shareholdings to traders speculating on lower prices isn’t in line with its long-term mission.
GoldPoint Partners announced the closing of its fourth fund-of-funds, GoldPoint Partners Select Manager Fund IV, with $678 million of commitments, a 150 percent increase from its predecessor fund.
New ownership structure led by Stone Point Capital and Further Global to support long-term growth. Permira Funds maintain significant minority stake.
Middle market private equity firm announced the closing of its fifth private equity fund, Wynnchurch Capital Partners V, at $2.277 billion of committed capital.
The Harvard Management Company adjusted its natural resource portfolio this week by purchasing a minority stake in produce company Westfalia Fruit International and selling its investments in two Australian farms.
The biggest global funds should all be monitoring their investments in illiquid assets, according to the head of Canada’s largest pension fund.
Investors can play a huge role in solving the climate crisis, but for that to happen they need guidance on how to direct their capital, according to UBS.