News

August 12, 2025

A Complex Environment for Investing, Governance Raises the Appeal of Investment Outsourcing

Insights from a Fidelity Investments portfolio manager on trends shaping investment strategies of small to midsize endowments and foundations in today's complex market environment.

August 11, 2025

South Carolina Retirement System Returns 11.34% in Fiscal 2025

Assets managed by the Retirement System Investment Commission increased to $50.34 billion.

August 11, 2025

Rolls-Royce Holdings Completes $5.77B Buy-In With Pension Insurance Corp.

The pension risk transfer transaction will cover the aerospace company’s remaining liabilities.

August 8, 2025

Former CAIA CEO William J. Kelly Joins Star Mountain Capital

Kelly served as the top official at the Chartered Alternative Investment Analyst Association for 10 years.

August 7, 2025

Manulife to Acquire 75% of Private Credit Shop for $937.5M

Comvest Credit Partners manages $14.7 billion in assets and would be merged with Manulife’s existing credit platform.

August 7, 2025

National Grid Completes Third Pension Risk Transfer via Rothesay

The $1.2 billion annuity buy-in, the third in five years conducted by the pension and insurer, will cover 7,130 uninsured scheme members.

August 7, 2025

Annika Kim Named Credit Director at TMRS

Kim joins the pension fund from Apollo Global Management, where she was a private equity associate.

August 7, 2025

New SEC Task Force Focuses on AI Applications

Valerie Szczepanik, the SEC’s chief artificial intelligence officer, is leading the effort to facilitate AI integration across the agency.

August 6, 2025

New York City Pension System Returns 10.3% in Fiscal 2025

The city’s five retirement systems collectively managed $294.6 billion as of the end of June 30.

August 6, 2025

ETFs Saw $121B in Inflows in July, $677B for Year to Date

Investors piled into equity and fixed-income exchange-traded funds, while dumping small-cap exposure.

August 5, 2025

Sparkes Joins Pandion Asset Management to Lead Business Development

The former director of the New York City Board of Education Retirement System’s experience spans decades working with institutional asset allocators.

August 5, 2025

University of North Carolina CIO Jonathon King to Retire

King has served as president, CEO and investment chief of the UNC Management Co. since 2005.

August 5, 2025

MassPRIM Returns 9.6% in Fiscal 2025

Massachusetts Pension Reserves Investment Management assets rose to $115 billion.

August 5, 2025

Brinley Partners Launches Inaugural CLO, Backed by $4B From Insurance Firm

The BCI-backed private credit firm plans to target companies in defensive sectors.

August 5, 2025

New York State Pension Puts More Into Private Equity

The $273 billion New York State Common Retirement Fund committed $2.3 billion to the asset class during March and May alone.