Larry Fink Calls for ‘Democratization of Investing’
The BlackRock chief, in his annual letter, wrote that he wants more people to become investors and more investors to access the private markets.
Newsmakers
Temasek Asset Management Unit Seviora Opens Shop in Abu Dhabi
The new office is the $54 billion firm’s first foray into the Middle East.
Nuveen Promotes Phillips to Global Head of Real Estate
Phillips now oversees a $141 billion portfolio of commercial real estate investments.
Wyoming Seeks a CIO for State Sovereign Fund
The position, in the state treasurer’s office investments division, oversees a team of 10 people managing assets, including about $31 billion in non-pension assets.
CalPERS’ Deputy CIO Dan Bienvenue Leaving in April
The longtime investment staff leader is joining General Atlantic to lead pensions solutions offerings.
Mergers Continue Across Australian Supers
Mine Super and TWUSUPER tie-up official; CareSuper to combine with meat industry fund.
WTW Promotes Baker to Chief Strategist, Pliner to CIO
As of April 1, Craig Baker will oversee the firm’s investment strategy, while Jon Pliner will take over as CIO.
NBIM Appoints Nicolai Tangen to 2nd Term as CEO
Originally named to the post in 2020, Tangen will serve another five years managing Norway’s $1.8 trillion sovereign wealth fund.
OMERS’ Ralph Berg Shines a Spotlight on Infrastructure
The Ontario Municipal Employees Retirement System CIO explains his fund’s approach to infrastructure, asset allocation, U.S. tariffs and the Canadian model.
LACERA’s Grabel Emphasizes ‘Strategic Asset Allocation’
During a CIO webinar interview, Los Angeles County Employees Retirement Association CIO Jonathan Grabel explained how the fund designs its portfolio.
OMERS Names Alexander Fraser as Private Equity Head
Succeeding Michael Graham following his retirement, Fraser will report to Ralph Berg.
CPP Investments Names Ben Meng as Head of Investment Portfolio Management
The former CalPERS CIO joins from Franklin Templeton.
Dhillon Nominated to Lead PBGC
The former Equal Employment Opportunity Commission chair under President Donald Trump is now expected to lead the Pension Benefit Guaranty Corporation.
Capricorn Investment Group Adds to OCIO Practice
Mark Berryman and Nick Flores joined the firm as partners from multi-family office Caprock.
Rice University Promotes John Lawrence to CIO
The fund’s interim investment chief and deputy CIO has been named to the top role.