The specialist insurer is close to completing 600 million pounds ($942 million) in fundraising as it looks to profit from the growing desire of UK companies to insure their pension liabilities.
As automakers' pension funds earn lower rates of return, their funding needs escalate.
The fund's decision is the first time such a clawback system has been proposed to all of Hermes’ funds.
The Missouri fund’s value has strengthened since the economic collapse of 2008, with retirement fund assets now at nearly $7 billion.
The 10-year return, the most frequently cited metric to gauge the health of venture capital firms, declined 8.4% for the period ending September 30, 2009.
President Barack Obama is proposing to have carried interest earned by hedge fund and private equity fund managers taxed as ordinary income.
At its January 13 board meeting, the LA retirement association dropped Blackrock and Goldman mandates because of lagging performance.
The potential takeover of Northumbrian by its largest shareholder illustrates the lure of infrastructure to investors seeking long-term stable cashflows.
While demands SWFs make as shareholders could help improve returns for all parties, they could also reflect politically motivated influence.
The gains of Chubb Corp. and Travelers Cos. show alternative investments flourished in the fourth quarter.
Following CalPERS controversy, another California fund reports more bad news.
The environmental fund is part of a British government scheme to invest in technology-based firms with high growth potential.
Despite a grim year for Canada's largest pension fund, Caisse is much healthier than it was a year ago, says CEO.
Corporate plans led the pack in robust 2009 returns, driven by higher-risk asset classes.
Ahead of President Obama’s call to limit proprietary trading at banks, quantitative hedge-fund group chairman retires.