In The News
Founder and trustee of a vending machine company’s pension sentenced with two and a half years in federal prison.
David Swensen, Yale University’s chief investment officer, this week underscored the importance of environmental sustainability in the university’s investment choices.
As client portfolio manager for Des Moines, Iowa-based Principal Global Investors, Todd Kellenberger understands what good investments REITs can be. And in 2020? He expects a good year for REITs once again.
ACP began fundraising in November 2019 with an initial target of $400 million and closed at the offering’s hard cap of $450 million. With the closing of ACP II, Align Capital Partners has raised more than $775 million since the firm’s founding in 2016.
Time for some good news, for a change, or, rather, a bit of a case study with a multiemployer plan that is not headed toward insolvency, and is in fact in the “green zone” that designates healthy plans.
The New York State Common Retirement Fund’s estimated return in the third quarter of the State Fiscal Year 2019-20 was 5.28% for the three-month period ending Dec. 31, 2019, with an estimated value of $225.9 billion, according to New York State Comptroller Thomas P. DiNapoli.
PC V was well oversubscribed with demand from existing and new investors significantly exceeding the original $1.25 billion target.
Colleges and universities generally aren’t happy about the endowment tax, but many are paying less than the tens of millions of dollars reported by the country’s wealthiest universities, a review finds.
Fund VI was oversubscribed and closed at its hard cap with significant upsizing by existing investors and by adding several new institutional investors.
Clients’ fees will rise this year, creating a payday for the firm’s partners.