Kim will make the move on December 1 and take the spot previously held by Dan Bienvenue, who left in April.
While companies have gained flexibility, Oregon’s treasurer is worried about consequences and termed the Securities and Exchange Commission’s decisionmaking process ‘atrocious.’
The California State Teachers’ Retirement System will broaden its access to private equity managers investing in climate solution opportunities.
The balance in the institution’s primary investment vehicle, which includes endowment assets, rose to $47.7 billion in assets under management.
The court’s determination that the plaintiffs have standing to sue allows for the complaint to be refiled and could embolden others considering litigation.
The commission indicated last week it is likely to permit the model, and asset managers are already requesting permission.