A pension fund in the South made hires to replace a previously terminated U.S. small-cap equity manager and to complement its existing non-U.S. equity lineup.
Firm new head of global relationship management will focus on serving its strategic client relationships across all third-party retail and intermediary channels.
The plan hired a single firm to handle the equity portion of its portfolio, though a decision on how the fixed-income portion will be managed remains undecided.
A West Coast pension plan expects to pursue a private markets consultant search next year after increasing its private equity and private credit targets this week.
Abu Dhabi sovereign-wealth fund Mubadala Investment Co. is making an investment in Silver Lake and contributing $2 billion to help the technology-focused private-equity firm launch a new long-term strategy.
The settlement concludes federal investigations into the bank over manipulation of precious-metals and Treasurys markets. The fine is the largest the CFTC has ever imposed for the tactic known as “spoofing.”