News

Extensive and timely coverage of the institutional industry.

In The News
Board Members Of Pa.’s Largest Pension Fund Asked To Sign Secrecy Oaths

Leaders of Pennsylvania’s beleaguered teachers’ pension fund are requesting that board members sign oaths of secrecy before receiving a critical update on the botched investment calculation scandal that has led to multiple federal investigations.

01.25.22
In The News
DB Sponsors Urged To 'Seize The Day' On Pension Strategy

Defined benefit (DB) pension scheme sponsors should work with trustees to review and set long-term pension funding and investment strategies in an effort to ensure that the pensions journey is aligned with wider business needs, LCP has said.

01.25.22
In The News
DC’s Pension Board For Teachers And Police Being Investigated By Federal Authorities

Managers of the $10 billion pension fund for D.C.’s firefighters, police and teachers are under investigation by federal prosecutors.

01.25.22
Consultant/OCIO/Discretionary
West Coast Plan Begins Private Credit Consultant Search

The plan is seeking its first dedicated non-discretionary private credit consultant.

01.24.22
Credit/Private Debt
West Coast Plan Approves Private Debt Pacing Plan

The plan will look to commit $240 million to private debt this year.

01.24.22
Infrastructure
Melody Closes Second Infrastructure Fund

The fund closed with $1.95 billion raised.

01.24.22
People Moves
Goldman Sachs Names Asset Mgmt. Co-Head

The previous co-head left the firm in March.

01.24.22
Hedge Funds
New England Plan Terminates Hedge FoF

The plan terminated its hedge fund investment after closed session manager reviews.

01.24.22
Non-U.S. & Global Equity
Midwest Plan Swaps Global Equity Emerging Mgrs.

The plan’s emerging manager-of-managers replaced a firm within its global equity emerging manager-of-managers portfolio due to a critical personnel change.

01.24.22
Private Equity
Texas Plan Adds Venture Capital Commitment

Plan finalized a $46 million venture capital commitment on Friday.

01.24.22