In The News
Advocacy group claims that New York’s coal holdings alone are responsible for emissions that top those spewed from all of Connecticut.
New Jersey’s pension fund for state and local government employees on Wednesday reported a 16.4 percent return on investments in 2019.
Edge Principal Advisors announced the final closing of its fourth real estate fund, Edge Principal Investments IV, with aggregate commitments in excess of $560 million.
Intermediate Capital Group Inc, a subsidiary of ICG plc, has closed the ICG Strategic Equity Fund III at $2.4 billion, materially exceeding its $1.6 billion target and more than doubling the size of its $1.1 billion predecessor Fund II, which closed in July 2017.
A drawn-out dispute over a 70% pay raise for a Detroit police and fire pension fund investment contractor — which threatened to upset terms of the city’s bankruptcy exit plan — resulted in a federal lawsuit Tuesday.
In September, Sheila Patel was promoted to the role of chairman of Goldman Sachs Asset Management, the Wall Street giant’s $1.3 trillion investment management arm.
Exclusive fireside chat with Ariel Investments’ Mellody Hobson will take place on Feb. 4 at NEPC’s Boston headquarters.
Pension funds and endowments have been the backbone of the hedge fund industry for much of the past decade. But many of these institutional investors are now turning away from the $3tn-in-assets sector, dismayed by high fees and relatively lacklustre returns.
Knights of Columbus Asset Advisors, announced that it has launched the first Catholic All Cap U.S. Index Fund (I Shares ticker: KCXIX) within the Catholic Investor Fund Family.
Equity holdings fall by 22% in 20 years as pensions turn to alts in search of alpha.