State pension systems say a proposed bill that would force them to disclose more information from private-equity managers could hurt investment returns.
The Washington State Investment Board, which oversees $141.8 billion for 17 state retirement plans, can move forward with a lawsuit that seeks to recover millions of dollars from a soured investment in a Brazilian conglomerate that was discovered to be engaged in an international bribery scandal of unprecedented scale.
Mexican billionaire Carlos Slim said on Wednesday that the private sector would step in to help finance ambitious infrastructure projects in Mexico so as long as public finances are healthy and inflation is under control.
A rift over an executive’s pay raise is risking an annual infusion of $18 million for the city’s retirement system, an attorney for the oversight board of a city pension fund says.
Executives from KKR & Co. Inc. have raised more than $1 billion in 2019 for their “impact fund“ as the alternative investment firm has made respect for human rights one of the tenets of its private-equity business.