Newsmakers

The ai5000 Top Five Institutional Investment Stories of 2009

The Revelation of the Full Extent of American Endowment Problems   Entering 2009, the world knew that trouble was afoot at America’s largest endowments. Reports were emerging from Yale, Princeton, Stanford, Harvard, and others as early as September 2008 that

Private Equity Titan Terminates Fund

(December 23, 2009) – Europe’s Candover has agreed to close its nearly $5 billion buyout fund, a fall from grace for this once mighty private equity house.   The firm confirmed late last week that its five year investment window

PIMCO’s Gross Reduces Government Debt Holdings, Moves to Cash

(December 23, 2009) – Bill Gross’s Pacific investment Management Co. (PIMCO), a weathervane for many institutional investors, reportedly has raised its cash holdings to the highest levels since September 2008. According to a report from Bloomberg, PIMCO’s Total Return Fund

Dubai, Again, Gets Bailout from Abu Dhabi

 

Not for the first time in 2009, Abu Dhabi—the federal seat of government for the United Arab Emirates—has been forced to step in and provide an injection of funds for a debt-ridden Dubai.