Private Equity Dealmaking Set to Rebound, per McKinsey
While deal value is increasing, the industry still faces structural headwinds.
News
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%.
Janus Henderson Rejects Victory Capital Acquisition Proposal
The asset manager’s board reaffirmed its preference to be acquired by Trian and General Catalyst.
Cranston Named CEO of $235B Multi-Family-Office Firm Cresset
The firm’s founders will step back and take executive co-chair roles, as of April 15.
Easterly Asset Management to Acquire Fund Management Business From Olstein
Mutual funds from Olstein Capital Management will be reorganized and managed by Easterly Snow.
Thomas Kim Elevated to SBCERA Deputy CIO
The newly created role at the San Bernardino County Employees’ Retirement Association comes as CIO Donald Pierce has announced plans to retire later this year.
Norges Bank Takes Major Palantir Position Amid Suspension of Council on Ethics
Palantir Technologies has been accused of contributing to human rights violations by providing U.S. Immigration and Customs Enforcement with software used to track targets for mass deportation.
IFM Investors Maps Path for Australia’s Super Funds to Meet US Infrastructure Funding Gap
To revitalize American infrastructure, IFM described pension funding as a ‘generational opportunity.’
Private Credit Grapples With Sustained Investor Skepticism
Investor unease has pressured the investment class.
Indiana Mandates Access to Crypto Investments for Participants in Certain State Retirement Plans
The state is the first in the U.S. to require digital assets be an investment option in public defined contribution plans through a brokerage window.
Australian-Canadian Pension Initiative Could Unite $14T for Investing by 2040
Australia’s industry superannuation funds and a group of Canadian public pension funds plan to work together to increase investment in their respective regions.
CAAT CEO Dobson to Leave Following Vacation Payout Probe
The chief executive of the $17B plan had received a $1.2M payout in lieu of vacation time.