After a Two-Year Search, CalPERS Finally Hires Private Equity Head
Greg Ruiz, who has family ties to the fund, will take over from interim Sarah Corr.
News
CDPQ and Lightsource BP Beam Capital into Solar Power Projects
The $173 million in debt financing is part of the Canada fund’s greener, low-carbon investment mission.
US to Return $196 Million Stolen from Malaysian State Fund
Recovery just a small portion of the $4.5 billion siphoned from 1MDB investment fund.
Trade War Could Shove US into a Recession, Morgan Stanley Says
Escalating conflict may slice corporate earnings and lower employment, firm warns.
Deputy CIO and Former NextGen Departs Texas Pension Fund
The alts-focused Sharmila Kassam moves to Funston Advisory Services.
Treasury Approves Benefits Reduction for Pennsylvania Pension
Pension said it will become insolvent in 10 years without benefits cut.
At Morningstar: Using Factors in Fixed Income Investing Remains Difficult
Equity strategies may not stand up to the complexity of the fixed income markets.
Chaya Slain, Former NextGen and Forty Under 40 Achiever, Becomes CIO
New family office head is the second NextGen honoree to enter the C-suite.
At Morningstar: Asness Has No Simple Answer to Quant Strategy Losses
AQR CIO says firm is sticking with strategy until proven otherwise.
Zell Warns that an Interest Rate Cut Would Bring ‘Disaster’
Billionaire investor says dollar’s status could be weakened.
At Morningstar: Bond Fund Managers Suggest Investors Build Liquidity
One sees parallels to 2007 in current market conditions.
This Week’s CIO Summit: Asset Owners to Debate ESG, Team Building, Capital Preservation
Second day will wrap up the conference with a closed-door, CIO-only session.
Canadian Plan Sponsors Rebound Strongly to Return 7% in Q1
US, Canadian equities were top-performing asset classes.
At Morningstar: PIMCO CEO Sees Growing Business in Private Credit Market
While currently a small part of overall business, private credit could help pension funds meet returns.
People Moves Roundup
Majedie Creates a New Role, NISA Advisers Makes Some Director Moves, and More.