In The News

In The News
The Hedge Fund That Lost More Than 50% On GameStop's Stock Surge Is Facing 9 Lawsuits From Retail Investors Alleging Conspiracy To Restrict Trading

One lawsuit said that buying restrictions were only imposed on retail investors, not institutions, when the GameStop frenzy peaked in late January.

03.24.21
In The News
Ariel Investments Appoints Two New Board Members

Ariel Investments, LLC (“Ariel” or “the firm”), a global value-based asset management firm, announced today the appointment of Fazal Merchant, Former Co-CEO of Tanium Inc., and Anthony D. Romero, Executive Director of the American Civil Liberties Union (ACLU), to its Board of Directors.

03.24.21
In The News
Secret CalPERS Meeting On CIO Meng’s Exit Sparks Legal Fight

A confidential Calpers board meeting on chief investment officer Ben Meng’s abrupt departure is the subject of an intensifying legal fight between the nation’s largest public pension fund and a former director.

03.23.21
In The News
Great Gulf, Westdale And A Global Institutional Investor Team Up To Form $200 Million Venture On Build-To-Rent Single Family Housing Strategy In U.S. Sunbelt

The partners have committed an initial $200 million of equity to the venture with the potential for an additional $200 million equity commitment.

03.23.21
In The News
Rebalancing Can Be An Important Tool For DB Plans During Volatile Market

J.P. Morgan’s proprietary analysis of the 100 largest corporate pensions reveals several lessons defined benefit plan sponsors can learn from last year.

03.23.21
In The News
Oaktree Capital Rings Up $4.7 Billion With Latest Real Estate Fund

Oaktree Capital Management raised about $4.7 billion with its largest real estate fund and related investment vehicles.

03.23.21
In The News
Stock-Driven Hedge Funds Were Popular In 2020

Pension plans and other big investors favor the alpha-generating chops that equity strategies showed in the bull market, an Agecroft study shows.

03.22.21
In The News
Pa.’s Largest Pension Plan Hires Lawyers To Probe Its Mistake

The investigators will scrutinize what went wrong with the way PSERS reported investment results in December.

03.22.21
In The News
Lexington Partners Closes Lexington Co-Investment Partners V At $3.2 Billion

CIP V received commitments from 13 large institutional investors based in the U.S., Europe, Latin America, and Australia, with an average commitment size each of $235 million.

03.19.21
In The News
Blackstone Announces $4.5 Billion Final Close Of Blackstone Growth Fund, Largest First-Time Growth Equity Vehicle In History

Leveraging Blackstone’s extensive operational resources and network, BXG focuses on providing capital to entrepreneurs seeking to minimize the execution risks associated with high-growth environments.

03.19.21