More Than Litigation Could Curtail Future PRT Transaction Volume
Underlying drivers of demand for pension risk transfers appear to be deteriorating, according to Capital Group’s Colyar Pridgen.
News
TIFF Adds Rockefeller Foundation CIO to Advisory Board
Chun Lai will provide insight and guidance to the OCIO firm.
Elizabeth Burton Named Chief Strategist at Fortress Investment Group
The former Goldman Sachs strategist and one-time CIO of Hawaii ERS will provide perspectives for the firms’ limited partners.
Connecticut Pension Returns 14.2% in 2025, Commits $650M
Assets of the Connecticut Retirement Plans and Trust Funds rose to $68.7 billion at the end of 2025.
Swiss Re Makes Inaugural US Retiree Longevity Transaction
The $2 billion transaction was conducted with Athene as counterparty.
Institutional Investors Shift US Equities, Dollar Positions to Global Markets, per Report
Bracing for a turbulent 2026, allocators are seeking investments in emerging markets and the euro, according to the International Forum of Sovereign Wealth Funds.
Australia’s REST Backs Nuveen Retail Property Fund With $250M
The asset manager raised $330 million from a trio of superannuation funds for its U.S. Cities Retail Fund.
SEC Enforcement Division Director Steps Down
Margaret Ryan is succeeded by Sam Waldon, who has returned to the role of acting director.
Cleveland Clinic CIO Stefan Strein Moves to University of North Carolina
Strein will succeed Jonathon King, who retired after 20 years, in heading the University of North Carolina Management Co.
Canada Infrastructure Bank CIO to Retire
John Casola will leave the $19 billion investor at the end of March.
Private Equity Dealmaking Set to Rebound, per McKinsey
While deal value is increasing, the industry still faces structural headwinds.
Amidst Geopolitical Uncertainty, Institutional Investors Rein In Return Expectations
Nearly half of surveyed investors said they expect lower returns from companies in the S&P 500 Index in 2026, according to research from asset manager Commonfund.
What LPs Expect From Their Alts Managers
Limited partners report that ‘depth beats noise, and alignment beats hype’ when evaluating new general partners, according to a survey from LP networking community Commonplace.
Illinois Municipal Retirement Fund Commits $249M to Real Assets, Alternatives
The $60.8 billion IMRF re-upped with existing managers.
Corporate Pensions See Mixed Funding Ratios in February
Some barometers found funding surpluses pushing near 110%.