News

Extensive and timely coverage of the institutional industry.

Credit/Private Debt
Southwest Plan Adds Distressed Debt Commitment

A Southwestern pension plan disclosed a recent $100 million distressed debt commitment.

07.31.20
Alternatives
Great Lakes Plans Add Distressed Debt Commitments

Three institutional plans based in a Great Lakes-area county approved distressed debt commitments at yesterday’s board meetings.

07.31.20
In The News
Universities Pension Fund Blames Doubling Of Deficit On Pandemic

Defined benefits schemes under increasing pressure from low rates and market turbulence.

07.31.20
In The News
Kayne Anderson Capital Advisors Launches Kayne Anderson Renewable Infrastructure Fund

Kayne Anderson Capital Advisors, L.P. (“Kayne”), a leading alternative asset management firm with over $30 billion under management, has launched the Kayne Anderson Renewable Infrastructure Fund (KARIX), a registered, open-end mutual fund offering daily liquidity.

07.31.20
Real Estate
Texas Plan Bolsters RE Portfolio

A Texas pension plan approved a real estate commitment at a meeting this week.

07.31.20
COVID-19 News
Verus Warns Against Bold Moves In ‘Challenging’ Market Environment

With a second wave of coronavirus cases emerging in the U.S. and other countries, the near-term future of the market is almost impossible to predict, investment consultant Verus warned during a webinar held yesterday afternoon.

07.30.20
In The News
UK’s Biggest Pension Fund Begins Fossil Fuels Divestment

The Guardian reports that the government-backed National Employment Savings Trust (Nest) scheme, which has nine million members, will ban investments in any companies involved in coal mining, oil from tar sands and arctic drilling.

07.30.20
Administrator - Bundled
Northwest Community Transit Posts 457 Bundled Services RFP

A Northwestern community transit agency issued an RFP seeking plan administration, record keeping, education and investment-related services for its deferred compensation plan.

07.30.20
In The News
World’s Top Pension Fund Bet Big On Front End Of Treasury Market

Huge holdings of Japan’s GPIF add to pressure for steep curve.

07.30.20
International / Global / Emerging Markets
Mid-Atlantic Plan Names Emerging Markets Equity Finalists

A Mid-Atlantic pension fund has narrowed its emerging markets equity manager search to four finalists.

07.30.20