The International Finance Corp said it would team up with SWFs and pensions to form an $800 million fund that will invest in equities in Africa, Latin America and the Caribbean.
The Wall Street titan is looking to expand its portfolio solutions team of 50 employees.
Meder, who previously worked at UBS, will expand a team responsible for the company's construction and management of liability driven investments (LDI) for US pension clients.
The third largest endowment among US colleges is searching for a CIO after leaving the post vacant for more than two years.
The $6.9 billion association has already approved the idea of outsourcing its investment staff, but will scope out other alternatives and look at the cost difference between the in-house and outsourced models.
Buyout heads met with investors to discuss the role of private equity in investment portfolios and the challenges and opportunities confronting the industry.
Continued from the March/April issue of ai5000...Michael Lewis' Big Short, Reviewed.
China's Geely Automobiles Chairman Li Shufu vowed to control American and European markets and now the automaker is making that a reality.
The Ontario Teachers' Pension Plan will buy Camelot for $576 million.
The banking giant’s institutional hedge fund advisory team currently consists of 30 people and plans a majority of its new recruitment in Asia.
The San Diego County pension Board of Retirement– which two weeks ago was presented with a proposal by the fund’s CEO to outsource its entire investment staff via a no-bid contract – today approved a measure that would in fact open up the process to competing firms.
In a Board meeting scheduled for March 18, the San Diego County Employees’ Retirement Association will vote on whether to proceed on or further discuss the outsourcing of it’s investment staff to Lee Partridge’s Integrity Capital, as well as a shift in asset allocation.
The largest US pension fund voted to lift the limit on the number of shareholder proposals its staff can issue and announced plans to increase the accountability of directors through a majority vote policy.
ai5000's Joe Flood sits down with bestselling author Michael Lewis to discuss his new book “The Big Short: Inside the Doomsday Machine,” the shifts in Wall Street culture, and today's financial landscape.
Catch the entirety of Michael Lewis' Interrogation, out in ai5000 Magazine in early April.