News

Extensive and timely coverage of the institutional industry.

In The News
Met Opera Taps Its Endowment Again to Weather Downturn

The company has withdrawn nearly $40 million in additional funds from its endowment to cover expenses, but sees signs it may be emerging from its post-pandemic woes.

01.26.24
People Moves
Apogem Names CEO, President

The alternatives firm has appointed Josh Niedner as ceo and Chris Stringer as president.

01.25.24
People Moves
LLCP Taps Capital Markets Head

The middle market private equity firm has hired Brian Klaban as head of capital markets and a director of the originations team.

01.25.24
Large-Cap
New England Pension Names Consultant Finalists

The plan also concluded its domestic large-cap value equity manager search.

01.25.24
People Moves
LBC Credit Partners Promotes Deputy CIO

He has been with the firm since 2007.

01.25.24
Credit/Private Debt
Northeast Pension Makes Direct Lending Hire

The hire follows a private debt search report conducted by the retirement system’s general investment consultant.

01.25.24
Industry News
Arlington Capital Raises $3.8 Billion For Sixth Fund

Arlington Capital Partners has closed its latest fund with $3.8 billion in total capital commitments.

01.25.24
Industry News
SEC Settles Charges With Aon In Pa. Public School Return Miscalculations

The Securities and Exchange Commission has settled charges against Aon Investments USA following a data discrepancy with the Pennsylvania Public School Employees’ Retirement System.

01.25.24
Administrator/Record Keeper
Southeast DC Plans Seeking Record Keeper

The plans are looking to consolidate to a single provider for the services.

01.25.24
Private Equity
Midwest Pension Plan Approves Commitments, Pacing Plans

The pension plan approved four commitments totaling $110 million and 2024 real estate and real assets pacing plans yesterday.

01.25.24