News

Extensive and timely coverage of the institutional industry.

People Moves
Midwest Plan Expands Investment Team

A Midwestern employees’ pension plan hired a senior retirement investment officer for public equities and a quantitative investment officer in October.

12.04.20
In The News
Pension Fund Sues Cigna over Failed Anthem Merger

Lawsuit alleges Cigna’s CEO tried to sabotage the $54 billion merger when he found out he wouldn’t lead the new company.

12.03.20
In The News
Black Women Don't Get Much Startup Funding. These Founders Are Trying To Change That

Although Black women are the fastest-growing group of female entrepreneurs in the United States, they’ve long been slighted by startup investors and significantly under-funded. But in spite of the obstacles they face, these founders are forging ahead and continuing to thrive in their businesses.

12.03.20
Domestic Equity
Florida City Plans Monitoring Value Manager; Select Emerging Markets Finalists

The plans’ consultant said more discussions may be necessary if the firm’s strategies don’t outperform in a market favoring value during a meeting today.

12.03.20
Large-Cap
Florida Fire Plan Selects Large-Cap Growth Manager

The new manager will take over an approximately $10 million portfolio.

12.03.20
Industry News
Macquarie Group To Acquire Waddell & Reed Financial

The $1.7 billion transaction is expected to close mid-2021.

12.03.20
Private Equity
Northeast Plan Bolsters Private Equity Portfolio

A Northeastern plan approved commitments to two private equity firms at a meeting today.

12.03.20
People Moves
Alger Adds Co-Head To Inst’l Team

He will establish, develop and strengthen relations with asset owners and consultants.

12.03.20
People Moves
Lincoln Financial Names Investor Relations Head

He will develop and maintain the firm’s investor relations strategy.

12.03.20
Domestic Equity
Southeast Plan Approves New Smid-Cap Structure

A Southeastern retirement plan approved a new domestic small- to mid-cap equity structure at a board meeting today.

12.03.20