In The News
Ohio State attracted a lot of criticism when it invested in startup VC firm @drivecapital in 2013 with encouragement from retiring President Gordon Gee. Here’s what the Root IPO means for the school’s $50M stake in Drive.
Many money managers and strategists are reluctant to project confidence after being caught off guard by a number of market-jolting shocks over the years.
To hedge fund impresario, crazed IPO issuance, overvalued stocks, and nutty post-split advances speak of a peak: September 2.
On October 7, 2020, Bill 68, An Act mainly to allow the establishment of target benefit pension plans (Bill 68), was tabled at Quebec’s National Assembly by the province’s Minister of Finance, Éric Girard.
Investment Management Corp. of Ontario, a money manager for pension funds in the Canadian province, has committed C$1 billion ($750 million) to three funds as it looks to boost its private equity operations.
Today ARK Investment Management, LLC (“ARK”), a New York-based investment adviser focused solely on disruptive innovation, announced an important step toward strengthening its business and foundation for future growth.
A memorandum issued by the president first orders three departments to review the situation for Delphi retirees, then orders a review of pensions currently trusteed by the PBGC.
Diligend, a leading provider of investment management software, has been selected by FEG Investment Advisors (FEG), an independent investment consulting and OCIO firm, to automate and digitize the collection of manager data and documents in its operational due diligence (ODD) of investment managers across public and private markets and hedge funds.
Institutional investors are spending 30 per cent of their time on tasks that do not add value to the investment process, including searching for documents on shared drives, and typing up handwritten notes from meetings.
A pension fund for Pennsylvania teachers said it had frozen new investments with Apollo Global Management amid concerns about ties between its founder, Leon Black, and Jeffrey Epstein.