In The News
Approaching institutions to raise capital for your venture capital or private equity fund is relatively transparent, but what if you’re targeting family offices and high-net-worth individuals?
The California State Teachers’ Retirement System has named Cassandra Lichnock as its new chief executive, effective July 1. She will be the first woman to lead the pension system.
The Arkansas Public Employees Retirement System’s investments increased in value by $361 million last quarter to reach $11 billion, the system’s investment consultant reported Wednesday.
Subpoenas reviewed by The Inquirer and Spotlight PA — along with interviews — show for the first time the scope of the FBI’s probe into the state’s biggest pension fund.
Analysis found a $145 billion shortfall in 2017 between assets on hand and the liabilities for promised benefits, representing an aggregate funded ratio of 68%, only slightly below the overall state pension plan funded ratio of 69%.
Investor Charles Ellis lays out his latest case for indexing over-active management.
Tollymore Investment Partners, which invests in a small number of publicly listed businesses, list the red flags they have learned from experience.
Event driven strategies topped the hedge fund performance chart during the first three months of the year, as the industry drew some USD9 billion in new capital in Q1 and saw trading volumes surge, new analysis by hedge fund asset administrator Citco shows.
To help participants plan for retirement, AB designed LIS to be an effective accumulation strategy in the working years and a reliable distribution strategy in retirement by combining a personalized portfolio similar to a target-date fund with a flexible guaranteed income program.
Expanded partnership with FIS capitalizes on strengths of both organizations and reflects commitment to invest in the business and enhance delivery of innovative retirement solutions, the firm said.
