News

Extensive and timely coverage of the institutional industry.

In The News
Bad Math: Pa.’s Biggest Pension Fund Was Warned But Inflated Investment Returns Anyway

Staff and consultants at Pennsylvania’s biggest pension fund fund tried to improve investment performance data and ended up at the middle of a string of investigations and legal reviews.

04.19.21
Burgundy Asset Management Ltd. Appoints U.S.-Based Molly Giffen As Vice President, Head Of Consultant Relations
Based in Boston, Molly Giffen will lead Burgundy Asset Management’s consultant relations
04.19.21
Alternatives
Southern Utility Plan Seeking Private Equity Manager

The search is being conducted because the plan is underallocated to the asset class.

04.16.21
Consultant/OCIO/Discretionary
Midwest Plan Posts Consultant RFP

A Midwestern pension plan has issued its RFP for general investment consulting services. 

04.16.21
High-Yield
Calif. Plan Concludes High-Yield Fixed-Income Search; Approves PE Commitments

The plan concluded its high-yield fixed-income manager search and disclosed up to $555 million in private equity commitments at its board of investments meeting this week.

04.16.21
Absolute Return
Calif. Plan Restructures Absolute Return Portfolio; Hires Overlay Provider

A California plan restructured its absolute return portfolio and hired an overlay services provider at yesterday’s board meeting.

04.16.21
GTAA
Midwest Plan To Consolidate GTAA Portfolio

The plan voted to reduce the managers handling its global tactical asset allocation portfolio from three to two at a meeting yesterday.

04.16.21
People Moves
AIMCo Appoints New CEO

The new CEO begins on July 1.

04.16.21
People Moves
LaSalle Hires Debt, Special Situations Head

The current head of debt and special situations is transitioning into a role as executive chair later this year.

04.16.21
ESG
Willis Towers Watson Commits To Net Zero Delegated Portfolio

The firm is targeting zero greenhouse gas emissions in its discretionary delegated investment portfolio by 2050.

04.16.21