It was a much better grade than the CalPERS Investment Office, which got a ‘D’ because of turnover in senior management.
The $19.8 billion pension plan increases its funded status to 57.7%.
Coalition with nearly $5 trillion in assets under management aims to engage industry to improve gun safety.
Mohamad Nasir Ab Latif will stay on another year to help the leadership transition.
BlackRock and other investment firms were vying to manage all or part of the largest private equity program in the US.
Ted Eliopoulos is leaving Friday, but new CIO Yu Ben Meng can’t start until January because of a non-compete agreement. Eric Baggesen will become interim CIO.
After a meeting with top economic advisor, Brazil’s President-elect says overhaul bill unlikely to pass before January inauguration.
Report says two of Scotland’s largest funds are not addressing climate change risks.
Lowered projections could increase financial burden on state, local governments.
Yu Ben Meng’s start date is being held up by the Chinese government, which could delay a vote on the launch of a $20 billion direct private equity investment organization.
Private equity, infrastructure investments bring home the bacon while real estate takes a hit.