News

Extensive and timely coverage of the institutional industry.

In The News
Silver Lake Launches New 25-Year Investment Strategy Backed By Mubadala

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.

09.30.20
In The News
JPMorgan Paying $920 Million To Resolve Market Manipulation Probes

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.”

09.29.20
Industry News
New England Plan Launches Executive Director Search

A New England pension plan has launched its search for a new executive director.

09.29.20
Industry News
Empower Retirement Acquires Retirement Plans From Fifth Third

Firm has announced an agreement to acquire 476 retirement plans from Fifth Third Bank.

09.29.20
Domestic Equity
Great Lakes Plan Concludes Large-Cap Manager Searches

A Great Lakes pension plan approved investments with two domestic large-cap value and three large-cap growth equity managers in recent weeks.

09.29.20
People Moves
Lazard AM Loses MENA Portfolio Manager

Portfolio Manager Fadi Al Said has left Lazard Asset Management.

09.29.20
International / Global / Emerging Markets
Midwest Plan Discloses New International Equity, EMD Managers

A Midwestern pension plan replaced international equity and emerging market debt mandates with new managers, as disclosed at last week’s meeting.

09.29.20
Fixed-Income
Southwest Plan Fills Non-Core Bond Allocation

A Southwestern pension plan approved a multi-sector credit fund investment to fill a new allocation to non-core fixed-income last month.

09.29.20
People Moves
HSBC GAM Hires Equity Income Chief From Barings

Barings Head of Equity Income Darryl Lucas has left the firm to join HSBC Global Asset Management.

09.29.20
Small-Cap
Tri-State Area Union Launches Small-Cap Equity Search

A union plan in the tri-state area has launched an RFP seeking a small-cap equity manager to handle approximately $11 million.

09.29.20