Texas Teachers Seeds Quant Equity Strategy From NISA With $250M
The asset management firm hired the bulk of the pension fund’s quant team in 2025, laying the groundwork for the partnership.
News
California, New York Pension Funds Take Aim at Proposed SpaceX Share Structure
CalPERS, the New York State Common Retirement Fund and the New York City Comptroller’s Office wrote a letter specifying that Elon Musk would have outsized control of the company after an IPO.
Why We Co-Filed: Shareholder Engagement as Fiduciary Imperative in Age of Surveillance Risk
Two foundation leaders urge peers to engage with the companies in which they invest to better align investment strategies with missions and long-term priorities.
Senate Banking Committee Advances Digital Regulatory Framework Bill
Lawmakers passed the legislation out of committee, securing two Democrat votes, but it faces expected concerns in the full Senate.
Monte Tarbox Brings Diversified Approach to NYC Pensions’ Investments
The CIO of the Bureau of Asset Management, overseeing New York City’s $306 billion in retirement assets across five funds, draws from his union pension background.
Apollo Plans Daily Pricing for Private Credit Funds
The manager with $834 billion in credit AUM seeks to provide greater transparency across its portfolio by September, according to an earnings call.
Atkins: ‘Let the Market Decide’ Frequency of Corporate Financial Reporting
The SEC recently proposed a rule that would allow public firms to opt for semiannual reporting instead of the current quarterly norm.
Lisa Longino Appointed CIO of Merged Equitable-Corebridge Company
Corebridge’s current CIO will assume the role once the merger is completed later this year.
Canadian Pensions Gain 0.4% in Q1 Amid Rising Geopolitical Tensions
Surging energy stocks slightly offset a tech sell-off, according to RBC Investor Services and Northern Trust.
Corporate Pension Plans Inch Further Into Surplus Territory
In response, plan sponsors are strategizing about more than pension risk transfers.
Blue Owl Capital Names Deva Mishra as Head of Insurance Solutions
Effective July 6, Mishra will help build out the investment manager’s insurance platform.
Ontario Teachers’ Pension Appoints Intelligence Strategy Head
Feifei Wu will serve in the newly established role of senior managing director for investment technology and applied intelligence.
Iowa Pension Chief Executive Resigns Following Misconduct Probes
IPERS CEO Greg Samorajski resigned amidst a misconduct investigation, while Chief Benefits Officer Steven Herbert was fired after a separate misconduct investigation.
PBGC Initiates ‘Friend of the Court’ Program
The Pension Benefit Guaranty Corporation's project aims to help private parties in cases that could have broader implications for defined benefit pensions.
Asset Manager Team Compensation Set to Increase Despite Market Volatility, Uncertainty
Fundraising woes will weigh on private equity bonuses, a report from Johnson Associates finds.