In The News

In The News
What Investors Want to Know: Comparing Commercial Mortgage Loan & CMBS Ratings

Demand for commercial mortgage loan ratings in EMEA has grown in recent years, spurred on by Solvency II capital adequacy regulations and investor concerns over asset managers’ credit scrutiny.

11.05.20
In The News
Fitch Affirms California State Teachers' Retirement System's 'AA' Rating; Outlook Stable

Fitch Ratings has affirmed California State Teachers’ Retirement System’s (CalSTRS) Long-Term Issuer Default Rating.

11.05.20
In The News
Wilkes-Barre Mayor Wants Go Borrow Funds To Help Pension Fund

Mayor George Brown wants Wilkes-Barre to join a consortium of cities and use their combined borrowing power to help shore up the city’s pension fund and realize a significant future.

11.05.20
In The News
Wall Street Exec Found Liable In State Pension Fund Pay-To-Play Scheme

Navnoor Kang was a top Wall Street money manager who enjoyed the perks of the job. One banker paid for his cocaine and bottle service during a weekend trip to Montreal.

11.05.20
In The News
Time For Stringer To Come Clean On The Pension Shortfall

Last week, City Comptroller Scott Stringer released his comprehensive annual financial report for the fiscal year that ended June 30 that included an estimate of the city’s liability for its employees’ pensions.

11.05.20
In The News
Leading U.S. Pension Funds CalPERS And State Board Of Administration Of Florida Will Support REFOCUS Consortium And Vote Against URW Rights Issue

Funds also vote in favour of appointment of all three REFOCUS nominees to the URW Supervisory Board.

11.05.20
In The News
This Pension Tab Just Keeps Growing

We just got the latest measurement of how deep the Teachers’ Retirement System hole is now. And yet, lawmakers keep on digging.

11.05.20
In The News
Global Investor Group Urges United States To Rejoin Paris Climate Accord

group representing European and U.S. investors with a collective $30 trillion (£23 trillion) in assets urged the United States to quickly rejoin a global accord to tackle climate change on Wednesday, as a decision by President Donald Trump to leave the pact came into effect.

11.05.20
In The News
Hedge Fund Side Letters Survey Reveals Increase In Fee Discount Clauses

A new Seward & Kissel study into the use of side letters in the hedge fund industry shows fee discount clauses are now the most common issue raised by investors in such agreements, while the number of smaller hedge fund managers using the practice has increased.

11.05.20
In The News
Callodine Group Announces Acquisition Of Gordon Brothers Finance Company, LLC

Callodine Group (“Callodine”), an asset management firm focused on yield-oriented investment strategies, today announced that it has entered into a definitive agreement to acquire the loan portfolio and assume the employees and operating costs of Gordon Brothers Finance Company, LLC (“GBFC”).

11.05.20