Newsmakers
The Disaster That Made Blackstone’s Schwarzman Who He Is Today
The private equity titan’s 1989 stumble taught him valuable lessons.
With Andrew Sawyer Gone, MainePERS Launches CIO Search for $15 Billion Fund
The CIO departed the fund in November after a 12-year run.
France’s Chief Pension Reform Official Resigns Amid Protests
High Commissioner for Pensions Jean-Paul Delevoye resigns after failing to publicly disclose other positions he held, which potentially lead to conflicts of interest.
Exclusive: Jerry Albright Explains Why He Stepped Down as CIO of Texas Teachers
Board approves Deputy CIO Jase Auby as successor for top TRS investment management position
After Phase One Trade Pact, Talks Will Get Really Hard, Dimon Says
JPM chief is sanguine about an initial deal, but warns against more tariffs being imposed.
Seth Kelly Resigns, MOSERS to Launch Search for New CIO
Seth Kelly departed the $11.6 billion pension after replacing 21-year CIO Rick Dahl in 2016.
French President’s Pension Proposal Prompts Nationwide Strikes
Macron’s controversial strategy to stabilize the retirement plans' finances threatens to paralyze the economy.
New Mexico Governor Backs Linking Pension COLAs to Investment Performance
Plan aims to eliminate the state retirement system’s $6.6 billion unfunded liability.
Breaking News: Washington State Investment Board Names New CIO
Allyson Tucker will replace Gary Bruebaker, who served as CIO since 2001.
CDPQ’s History-Making CEO Heads for the Exit
Michael Sabia departs after a transformative 11-year run at the Canadian pension plan.
Defeated CalPERS Board Candidate Says Election Was Rigged Against Him
Former board member J.J. Jelincic protests the October 17 election, claims CalPERS team plotted to thwart his candidacy.
No Recession Before the 2020 Election, Goldman Chief Predicts
David Solomon gives odds of a downturn next year as just 25%, which would be good news for Donald Trump.
Norges Bank CEO to Resign, Pension Fund Returns 1.6% in Q3
Yngve Slyngstad to step down after 12 years running the $1.09 trillion fund.
Companies Should Pay Better, Survey from Paul Tudor Jones Group Says
Poll finds compensation is top issue in ways businesses could improve Americans’ lives.