Blackstone Raises $9 Billion So Far for New Fund
The New York buyout firm is expected to finish fundraising for its sixth global buyout fund at the end of June.
Newsmakers
After Record Loss, Harvard Names A New Chief Risk Officer
The richest and oldest US school names a new risk head of its endowment-management company.
SWFs Raise the Bar: From Passive Shareholders to Active Investors
SWFs are urged to take more active roles in the companies in which they invest.
Size Does Matter: CalPERS Invests in Infrastructure Projects
The biggest US public pension fund plans on bringing infrastructure investments up to 1.5% of its total market value by the end of 2010.
Shares Plunge 81% as Japan Airlines Forges Ahead With Restructuring
The
struggling Japanese carrier faces bankruptcy with benefits cut and new CEO.
Trying to Save Pension, AA Stands Its Ground
AA
hopes to keep its retirement plan open to new joiners.
Best Year for Hedge Funds Since 1999; Venture Capital Suffers
While hedge funds had their best year in a decade, venture capital fundraising suffered.
Survey: Pensions Increase Funds Scrutiny; Assets Shift
Review signals widespread review of managers and revised asset allocation.
Abu Dhabi SWF Will Refine Its Investment Stategy
U.S. treasuries will remain a key diversification tool.
Report: Private Equity Fundraising Has Gloomy Expectations for 2010
After a dismal 2009, the private equity space still looks bleak.
Barclays Pension Fund Boosts in-House Investment Team
Nick Stacey has been named associate director of manager selection at the £16 billion ($25.6 billion) Barclays U.K. Retirement Fund.
Blackrock’s Doll: Buy Stocks; U.S. Economy Outruns; Health Care Wins
Predictions for 2010 and the upcoming decade from Bob Doll at Blackrock, the world’s biggest asset manager.
PIMCO’s Gross Says Fed Exit May Debilitate Markets
The influential bond fund manager, warning of “carefree check writing,” said that with central bank support removed, markets may suffer.
Private Equity Expert to Run NYC’s Pension Funds
Larry Schloss has agreed to become the next chief investment officer for New York City.
Ontario Teachers’ Moves into Mortgage Insurance Business
AIG has sold its Canadian mortgage insurance unit to Ontario Teachers' Pension Plan.