AustralianSuper to Add Nearly $350M to Indian Infrastructure Fund
The addition will bring the superannuation fund’s total commitments to investments in India to $2.29 billion.
News
ISS STOXX Acquires Index Provider Firm Scientific Beta
The acquisition will deepen the firm’s offerings in systematic, research-driven solutions.
Asset Manager, Industry Group Press SEC to Keep Quarterly Reporting
The ICI and the Capital Group warned that a semiannual option could reduce market transparency.
B Capital, CalPERS to Acquire Russell Investments
The venture capital firm and the California Public Employees' Retirement System are teaming up to acquire the manager from TA Associates and Reverence Capital Partners.
Verizon, Lockheed Martin to Outsource Pensions to Goldman Sachs Asset Management
The agreements represent a combined $70 billion in OCIO mandates.
The Passive Megafire: When Equity Market Feedback Becomes Fuel for Correlated Risk
A ClearBridge Investments portfolio manager discusses how changes in feedback, due to ever-increasing passive investing, are a growing risk to functioning capital markets.
Illinois Teachers’ Seeks International Equities Managers
The $86.4 billion pension system has begun a search for managers to provide equity strategies.
Nest to Launch $267M Venture Capital Investing Sleeve With Schroders
The U.K. defined contribution pension scheme plans to grow its private markets allocation to 30% by 2030.
TIFF Names Senior Leaders to Build Out Secondaries Platform
Andrew Murray and Stephen Grau will expand the $11 billion OCIO firm’s capabilities in the private equity secondary market.
CPP Investments Ramps Up Data Center Investments
The Canadian pension giant’s latest investment in server farms comes through a nearly $1 billion strategic partnership in India.
Apollo Investor Relations MD Moves to AEA Investors
Adam Biren will lead the firm’s capital formation efforts and limited partner relationships.
Blue Owl Acquires Stake in Cleveland Cavaliers
The minority equity investment in the basketball team is the asset manager’s sixth such agreement.
How LPs Use AI: What Works—and What Doesn’t
The technology is useful in operational tasks, but allocators are hard-pressed to find artificial intelligence tools useful for precision tasks, according to the Emerging Allocators Association.
Consolidated Audit Trail Concept Release Elicits Strong Industry Support
SIFMA and the ASA are among the organizations urging Congress and the SEC to protect investors’ personally identifiable information.
OMERS Shuffles Leadership Amidst CIO Departure
Ralph Berg’s departure for Temasek will lead to a shake-up in the retirement system’s leadership.