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Pension funds across the country are beginning to report preliminary return information for the first quarter as the COVID-19 pandemic ravaged the markets.
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.
The $393 billion California Public Employees’ Retirement System has appointed three managing investment directors, effective July 1.
A Midwestern state investor hired a domestic small-cap growth equity mandate as part of an ongoing search in the space.
An Eastern state plan received a private equity investment recommendation at a committee meeting this week.
Seth Kelly has been named the new cio of the Pennsylvania State Employees’ Retirement System.
A Midwest pension plan disclosed new investments and terminations at a board meeting today.
A Texas-based pension plan has agreed to redeem a pair of hedge fund investments.
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.
A Connecticut pension fund made a commitment to a minority-owned private equity manager at its board meeting today.