Australia’s Future Fund Names David Bluff Head of Private Equity
Bluff joins sovereign wealth fund after 14 years at The Carlyle Group.
Newsmakers
PensionDanmark CEO to Step Down in October
Torben Pedersen, the pension fund’s first employee and CEO, will leave the post after more than 30 years.
Bernstein Private Wealth Management Promotes Alex Chaloff to CIO
His co-head of investment and wealth strategies, Beata Kirr, leaves to join private investing firm The Copia Group.
Princeton Endowment President, CIO Andrew Golden to Retire in 2024
During his 28-year tenure, the endowment has posted annualized returns of 12.6%.
Founder, Former CIO of Infinity Q Sentenced to 15 Years
Ohio and Texas pension funds were among investors who lost millions as a result of James Velissaris’ fraud.
Will Private Equity Get a Piece of Pro Football?
If NFL owners allow it, the buyout bunch would be dipping into a lucrative pool.
Alecta Fires CEO as Fallout Continues From $2 Billion Banking Losses
Magnus Billing lost the confidence of the pension fund’s board, and Katarina Thorslund has been named acting CEO.
CIO to Take On Interim CEO Role at Australia’s Cbus
CEO Justin Arter is stepping down as chief executive of the $48.8 billion industry fund in May.
Maryland State Retirement Agency Is Adding COO
The new position is intended to help staff handle a growing workflow.
Former Goldman Sachs MD Gets 10 Years for Embezzling From Malaysia’s 1MDB
Roger Ng allegedly laundered ill-gotten funds through financing ‘The Wolf of Wall Street.’
Facebook Parent Company, CEO Zuckerberg Named in Human Trafficking, Child Exploitation Complaint
Investors from Rhode Island, Ohio and New Zealand filed suit against Meta Platforms in the Delaware Court of Chancery.
Despite Backlash, ESG Hiring Remains Elevated
Asset owners, consultants and asset managers are all engaged in an increasingly competitive fight for ESG talent.
Sweden’s Largest Pension Loses More Than $1 Billion to U.S. Banking Crisis
Alecta says it held talks with Silicon Valley Bank in 2022 about liquidity concerns.
Former Aramco Alts Head Joins CalPERS as Private Markets DCIO
Daniel Booth will oversee the $442.6 billion pension fund’s private equity, real assets and private debt.