Pensions
PRT Claims Against AT&T Dismissed, but Those Against State Street May Proceed
A federal judge in Massachusetts ruled that AT&T is off the hook after outsourcing selection of its pension risk transfer provider.
News Archive: Sep - 2026
Corporate Moves
New York Life to Acquire Majority Stake in Invictus Capital Partners
The real estate credit manager manages $20 billion in assets, according to the announcement, and operates loan sourcing and operations platform Verus Mortgage Capital.
Asset Allocation
CPP Investments Ramps Up Energy Infrastructure Investments
The pension giant’s acquisition of a majority stake in Tarchon is its fourth major investment in the sector in less than one year.
Manager Selection
Illinois SURS Seeks Real Assets Managers
The $25.2 billion pension fund for university employees is focusing on hiring for its private real estate, infrastructure and agriculture allocations.
Newsmakers
AllianceBernstein President to Become New CEO
Onur Erzan, who became the firm's president in January, will succeed Seth Bernstein in 2027.
Asset Allocation
Leaning Heavily on Alternative Investments, Foundations Ring Up Strong 2025 Returns
Community foundation returns topped private foundations’ for a third year in a row.
Asset Allocation
NYC Pensions Invest $300M in AFL-CIO Housing Investment Trust
The investment is part of New York City Comptroller Mark Levine’s goal to invest $4 billion in housing construction and preservation.
Research
What Allocators Can Learn From Each Other
In a CIO webinar, investment office leaders discussed valuable insights applicable across the allocator industry.
Regulation
Wagner Law Group Pushes for Changes to PBGC Penalty Proposal
The law group argues revisions are needed to avoid increasing administrative burdens that are pressuring the shrinking defined benefit market.
Asset Allocation
Penn Endowment Surges 27.4% In Fiscal 2026
Assets managed by the investment office of the University Pennsylvania rose by $7 billion in the last fiscal year.
Research
LPs Seek Stronger Technology Infrastructure From Managers
Customized and faster reporting is top of mind for limited partners, according to the CEO of fund administrator Gen II.
Market Moves
By the Numbers: How AI-Related Debt is Changing the Bond Market
Capital expenditures by the five “hyperscalers”—Alphabet, Amazon, Meta, Microsoft, and Oracle—have surged, at a scale with few precedents, according to data collected by Vanguard.
Risk
What Does Growing NIMBY-ism Mean for Data Center Investing?
Consultants say the trend is strong, but they are ‘advocating for caution and a diversified approach.’
Pensions
Public Pension Funds Commit $100B to Private Equity Strategies in 2025
Limited partners committed to the asset class despite industry headwinds, according to data from Nasdaq eVestment.
Asset Allocation
How AI Debt Issuance Is Reshaping the Corporate Bond Market
Increased yields on high-credit-quality debt are attractive, but many questions remain.