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.
News
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.
Iran Conflict Expected to Fuel Inflation, Further Destabilize Market
Increased oil prices and other costs could affect rate policy decisions, although observers have not yet changed long-term forecasts.
SEC’s Arbitration Shift Still Sparks Fears Over US Stock Valuations
The Securities and Exchange Commission’s September 2025 policy shift on mandatory arbitration clauses has not gained in popularity.
Michael Gould Named CIO of Lehigh Endowment
Gould had served as the university’s interim CIO since August 2025.
Public Pension Funds Are Getting Healthier. Their New Problem: Paying the Bills
As funding levels rebound, retirement systems face an unexpected shift—one that could force them to rethink investment strategy, liquidity and long-term risk.
Vanguard Settles States’ Coal Stock Manipulation Complaint for $29.5M
The case, filed by 11 state attorneys general, also named BlackRock and State Street, and those managers have not settled to date.
Endowments, Foundations Could Drive Fidelity’s OCIO Push
The manager has nearly doubled assets from higher education and nonprofits over the last three years, according to outsourcing boss Christian Pariseault.