Australia’s State Super Hires Frontier Advisors as Independent CIO
The consultant firm will employ the superannuation fund’s investment team and manage its portfolio, while the fund will take a ownership stake in the firm.
News
Sun Life Names Tom Murphy President of New Asset Management Division
The $1.1 trillion manager aims to accelerate its global growth.
Jacmel Partners’ Infrastructure Platform Names Shaquille O’Neal as Founding Partner
The alternative investment manager, which previously invested in the development of LaGuardia Airport, will join forces with the NBA champion to make impact investments.
SEC Changes Draw Mixed Reactions
While companies have gained flexibility, Oregon’s treasurer is worried about consequences and termed the Securities and Exchange Commission’s decisionmaking process ‘atrocious.’
Janet Dhillon Confirmed by Senate as PBGC Director
Dhillon was confirmed in a block of 108 appointees to various federal departments and agencies.
CalPERS Hires June Kim Away From CalSTRS as Deputy CIO for Public Markets
Kim will make the move on December 1 and take the spot previously held by Dan Bienvenue, who left in April.
CalSTRS Forms Climate Co-Investment Partnership With Carlyle Alpinvest
The California State Teachers’ Retirement System will broaden its access to private equity managers investing in climate solution opportunities.
Penn SERS Returns 10.96% in Fiscal 2025
Assets of the Pennsylvania State Employees’ Retirement System stood at $40.4 billion.
TIAA Hires ex-BlackRock Retirement Head for Business Development
Rob Crothers will lead efforts to develop strategic partnerships for guaranteed income and more.
Stanford’s Merged Pool Returns 14.3% in Fiscal 2025
The balance in the institution’s primary investment vehicle, which includes endowment assets, rose to $47.7 billion in assets under management.
Liquidity, Operational Shocks Pose Major Issues for Superannuation Funds
The Reserve Bank of Australia’s new Financial Stability Review also emphasized the importance of building resilience to financial and cybersecurity stress.
Madison Dearborn Partners to Acquire Stake in Insurer
The private equity firm will take a minority investment in the Insurance Office of America alongside Canadian broker Navacord.
ICI Details Operational Road Map as SEC Moves Toward Approving Dual-Share-Class Structure
The commission indicated last week it is likely to permit the model, and asset managers are already requesting permission.
Rich Nuzum Speaks About What’s Next for OCIO
The Franklin Templeton outsourcing chief discussed the rapid growth of the industry in a CIO webinar.
APG Asset Management Buys Majority Stake in US Forest
The Dutch pension giant acquired a large share of a 270-square-mile woodland area that spans Alabama, Louisiana and Mississippi and is worth $462 million