Goldman to Combine Four Private Market Groups into $140 Billion Giant
Firm plans to capitalize on industry’s private equity boom, raise stagnant stock price.
Newsmakers
Large Investor Coalition Pressures ESG Disclosure on 700 Companies
With backers worth $10 trillion, the group includes the Washington State Investment Board and the New York Common Retirement Fund.
Illinois Reverses Course on Salary Cap Bill that Would Mitigate Benefits
Gov. Pritzker does an about-face on last year’s 3% cap.
CalPERS Commits More than $1 Billion To PE
However, new co-investment program won’t be discussed this month as expected, and the fate of proposed direct-style private equity program also remains unclear.
NextGens Breaking Today’s Glass Ceiling
How becoming a member of CIO’s future leaders club has aided in the career trajectory of its alumni.
Texas Teachers’ Gets its First Contribution Rate Increase in 25 Years
Advocates call it ‘the most positive legislative action for all TRS members’ in quarter century.
Nominate the Best Asset Owners and Managers for the 2019 CIO Innovation Awards
Nominate your best asset owners and managers for this year's 10th annual bash.
Legal & General Is Trying Out Blockchain for Its Bulk Annuities
The UK insurer to work with Amazon to cut costs and better store data for future bulk annuity deals.
Exclusive: North Dakota CIO Outlines Key Considerations When Revising Equity Portfolio
David Hunter discusses the principles he and his staff will adhere to when moving forward with their upcoming equity portfolio revision.
Plans for Raytheon and UTC Pensions, Investment Divisions Unclear After Merger
Massive new corporate combination has $94 billion in retirement assets.
New Mexico PERA Launches Passive Risk Parity Strategy
Plan seeks to change up multi-risk allocations, boost beta exposure.
Investors Launch Climate Endowment to Invest in ‘Green Revolution’
Endowment to be modeled on Yale, Harvard’s investment strategies.
UK Launches Institute to Help Investors Make Social Impact
Nascent organization is still accepting applications for a chief executive.
New York Comptroller Aims to Double Pension Plan’s ESG Funding
DiNapoli seeks to increase the state Common Retirement Fund’s sustainable investments to $20 billion.
Rhode Island Supreme Court Upholds Cranston Pension Cuts
High court reluctantly rejects challenge to 10-year suspension of COLAs.