NY Pension Giant Earmarks $3 Billion for Multi-Asset Strategic Deals
The New York State Common Retirement Fund allocated a total of $4 billion during April alone.
News
Mark Machin Joins the Board of Singapore VC Firm Serendipity Capital
The former head of CPPIB finished up his final day at the pension fund last week.
CPPIB Head of Private Equity Jumps to Northleaf Capital Partners
Shane Feeney will oversee the secondaries program at the Toronto-based private markets investment firm.
Dalio’s and Summers’ Dim View on Inflation, Markets, the Economy
The hedge fund honcho and the Harvard economist deride benign forecasts, like the Fed’s.
CalPERS Appoints Marlene Timberlake D’Adamo First DEI Officer
The former chief compliance officer at the $466 billion pension fund is moving into the newly permanent position.
Ignore ESG Risk at Your Own Peril
Investors who overlook ESG-related issues may miss out on generating alpha, says data science firm RepRisk.
Pandemic Magnifies Demand for Retirement Income
A BlackRock report finds plan participants and sponsors are increasingly seeking a steady retirement income stream.
DOJ Lawsuit Could Hurt Aon-Willis Towers Watson’s Chances in Europe
Legal action could influence whether the European Commission approves the $30 billion acquisition.
Rescue for Falling Bank Stocks: An End to Payout Curbs
The Fed is set to lift buyback and dividend restrictions, says Piper Sandler, as the flattening curve harms lenders’ shares.
How Asset Owners Can Integrate ESG into Fixed Income
Greater data in the asset class will go a long way, says a Willis Towers Watson report.
VC Fund President Gets Nearly 5 Years in Prison for Securities, Wire Fraud
Marc Lawrence allegedly siphoned employee-investor funds to pay for personal expenses.
Buy Tech, But Not the Big Boys, and Use Private Equity, UBS Says
PE is a much better way to own technology companies, and there are more pickings, the bank argues.
Ontario Teachers’ Goes on Spending Spree in Education, Food, Workforce Technologies
The allocator led a series of funding rounds into ApplyBoard, Motif FoodWorks, and Beamery.
New 401(K) Plan Platform Offers Cryptocurrency Investments
ForUsAll’s Alt 401(k) platform allows participants to invest in more than 50 cryptocurrencies.
SEC Busts Alleged Silicon Valley Insider Trading Ring
Six are charged with trading on material, nonpublic information involving Infinera and Fortinet.