As more GPs pursue continuation funds, institutional investors are faced with new questions about the overall risk levels in their portfolios.

Major investment firms such as Blackstone have pushed into business development companies, whose sizable yields are alluring.

Only minor changes to the DOL’s PRT regulation, IB 95-1, would be needed to account for changing market conditions, industry leaders say.

Carl Astorri will lead the A$300 billion pension fund’s UK investment team.

Chief Investment Officer is asking for your help in identifying individuals leading asset owner organizations who are driving innovation in institutional asset management and asset managers/service providers that have truly and reliably enhanced the portfolios of their clients. You may preview the nomination forms before submitting your entry. Nominations close August 22.

The pension giant’s public equity portfolio returned 16.7% for the year, but the overall portfolio fell short of its 7% target.

The investment and grant fund will focus on projects to help communities ‘adversely impacted’ by the ‘appalling evil’ of human bondage.