Asset Allocation October 1, 2024

Cybersecurity M&A Balloons as Breach Danger Builds

Stealing data to sell, extract ransom or just for mischief is exacting a bigger toll.

Cybersecurity

Investors and institutional allocators are looking for safety solutions as the danger posed by cyber attacks grows.

see updates from our news team >

Corporate Moves October 8, 2024

Ares to Acquire Real Estate Asset Manager GCP International

The deal will double Ares Real Estate’s assets to $96 billion.

Newsmakers October 8, 2024

Caltech Hiring for Next CIO

Scott Richland, the California Institute of Technology’s current CIO, will step down in December after 14 years managing its endowment.

Asset Allocation October 8, 2024

Australia’s QIC Makes History With Shopping Mall Sale

The deal marks the first Australian investment by U.S.-based real estate manager Hines.

Asset Allocation October 8, 2024

Duke Endowment Returns 8.9% in Fiscal 2024

Assets of the DUMAC rose to $11.9 billion at the end of June.

Pensions October 8, 2024

Deadline for PBGC Premiums Is Approaching

The due date for premiums is on October 15; roughly 450 plans still have the opportunity to recover $800 million in 2023 premiums. 

Newsmakers October 7, 2024

Russell Investments Adds Heier to Lead Institutional Client Service

Previously at Verus Investments, Shelly Heier steps into a new role at Russell.

Pensions October 7, 2024

CDPQ, Nuveen Launch Sustainable Commercial Real Estate Financing Joint Venture

The $600 million program will provide energy efficiency, along with senior bridge and construction financing across the U.S.

Asset Allocation October 4, 2024

Brown University Endowment Returns 11.3% in Fiscal 2024

Assets of the endowment grew to its record high of $7.2 billion at the end of June.

Asset Allocation October 4, 2024

Surging Equities Fuel Japanese Pension Giant’s 23% Return in Fiscal 2023

GPIF’s domestic and foreign equity investments earned more than 40% each for the fiscal year that ended March 31.

Asset Allocation October 4, 2024

Apollo Aims to Double AUM by 2029

During the firm’s investor day, CEO Mark Rowan laid out plans to achieve $1.5 trillion in managed assets, which include leaning into demand for private credit and retirement products.

Newsmakers October 3, 2024

AustralianSuper Grows US Team With Senior Hires

The fund announced senior appointments to its New York office as part of plans to double its U.S. staff.

Newsmakers October 3, 2024

Rest CIO Andrew Lill to Step Down

The first investment chief of the Australian superannuation fund will step down in November after more than four years in the post.

Asset Allocation October 3, 2024

UConn Endowment Returns 12.1% in Fiscal 2024, Plans Major Fundraising

Assets of the university's endowment rose to $634 million, and the organization has set its sights on reaching $1.5 billion in the next 10 years.

Asset Allocation October 3, 2024

UN Pension Fund Earns 13.7% Over 12 Months

The United Nations’ Joint Staff Pension Fund’s total asset value increased to $97.3 billion but did not meet its benchmark’s return.

Asset Allocation October 3, 2024

Columbia Endowment Achieves 11.5% Return in Fiscal 2024

In the latest rebound for an Ivy League pension, assets of Columbia’s endowment rose to $14.8 billion.