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Private equity leaders are pushing back sharply against a new plan from Sen. Elizabeth Warren (D-Mass.) to rewrite the basic rules of the road for firms she likened to “vampires,” the Washington Post reports.
Hedge fund billionaire Raymond Dalio is giving $100 million to the state of Connecticut to create a nonprofit corporation to help disadvantaged young people finish high school and find jobs.
A city pension plan in the Midwest added commitments within a pair of alternatives asset classes.
A pension plan in the Midwest has issued a pair of RFPs in search of consultant services.
A West Coast pension plan will review potential options for filling out its private credit allocation.
A plan in the Northeast has issued an RFP seeking private equity consultants.
A plan in the Southeast is in the process of reviewing its allocation to global fixed-income.
A public utility pension plan on the West Coast has issued its RFP seeking passive short-duration TIPS managers.
A police plan in the Midwest has set its private equity pacing schedule for the next five years.
Private equity firm adds two former principals from Pantheon to bolster its secondaries practice.