In The News
U.S. public pensions entered 2022 well-funded, but they could falter without significant governance reforms.
Firm cuts management fee in public funds by 0.5% as losses mount
A study commissioned by VantageScore Solutions found that institutional investors with exposure to asset-backed securities and residential mortgage-backed securities desire more transparency and inclusivity among credit scoring models.
The levels of new commitments from institutions to real estate has been in decline as inflation concerns take hold, writes James Jacobs, head of real estate for Lazard’s private capital advisory group.
The SEC proposals track EU requirements in certain respects, but differences in content and scope could leave advisory firms with increasingly complex compliance challenges.
NYC mayor Bill de Blasio called out New York’s teacher union for investing $13 million of its pension funds with firms that manufacture guns.
Barings’ funds and co-investments division backs emerging managers through separate managed accounts and a commingled fund.
Knox Lane founders John Bailey and Shamik Patel faced a unique challenge raising capital as society shut down in the pandemic.
The investigations have been ongoing since the start of the year and are still aimed at unnamed individuals.
In Rhode Island, home to Brown University, two proposed bills could make private, nonprofit higher education institutions pay state taxes on their endowments and properties. A bigger reckoning of wealthy universities could be underway.
