News

Extensive and timely coverage of the institutional industry.

COVID-19 News
Ongoing: Most Pension Funds Reporting Double Digit Q1 Losses

Pension funds across the country are beginning to report preliminary return information for the first quarter as the COVID-19 pandemic ravaged the markets.

06.29.20
In The News
‘Flying Blind Into a Credit Storm’: Widespread Deferrals Mean Banks Can’t Tell Who’s Creditworthy

Banks have pulled back sharply on lending to U.S. consumers during the coronavirus crisis. One reason: They can’t tell who is creditworthy anymore.

06.29.20
People Moves
CalPERS Promotes Three Managing Investment Directors

The $393 billion California Public Employees’ Retirement System has appointed three managing investment directors, effective July 1.

06.26.20
Small-Cap
Midwest State Plan Hires Small-Cap Growth Firm

A Midwestern state investor hired a domestic small-cap growth equity mandate as part of an ongoing search in the space.

06.26.20
Private Equity
Eastern Plan Considers PE Commitment

An Eastern state plan received a private equity investment recommendation at a committee meeting this week.

06.26.20
People Moves
PennSERS Names New CIO

Seth Kelly has been named the new cio of the Pennsylvania State Employees’ Retirement System.

06.26.20
Alternatives
Midwest Plan Discloses New Investments, Terminations

A Midwest pension plan disclosed new investments and terminations at a board meeting today.

06.26.20
Alternatives
Texas Plan Redeems Two Hedge Funds

A Texas-based pension plan has agreed to redeem a pair of hedge fund investments.

06.26.20
Alternatives
West Coast Plan Approves PE Pacing Plan Following Asset Class Increase

A West Coast pension fund will commit $550 million to private equity next year in an effort to move toward its new target to the asset class.

06.26.20
Private Equity
Nutmeg State Plan Makes PE Commitment

A Connecticut pension fund made a commitment to a minority-owned private equity manager at its board meeting today.

06.26.20