Despite a murky two years that included a decline in fundraising, PE is showing resilience, according to the consulting firm McKinsey & Co.
The $40 billion People’s Pension’s moved the vast majority of its assets away from State Street Global Advisors to stay aligned with the fund’s responsible-investment policy.
Air Force veteran Gibbens and others were appointed by Secretary of the Treasury Scott Bessent Wednesday.
The Ontario Municipal Employees’ Retirement System reported strong returns from equities and private credit.
Leigh Gavin was promoted at the Australian superannuation fund after serving as head of portfolio strategies.
Without the $16 billion in special financial assistance from the Pension Benefit Guaranty Corporation, the plans’ funded level would have ended 2024 stagnant, per Milliman study.
The pension fund has launched a joint venture with the Mohawk Council of Kahnawake to invest in renewable energy infrastructure.
The funds returned 9.47% in fiscal 2024, according to a National Conference of Public Employees Retirement System study.