Harvard Sells $950 Million in Warehouses to Blackstone
PE group targets portfolio’s last-mile properties as e-commerce businesses boom.
News
Asian Private Equity Funds Make Up 25% of Global Assets
Total assets under management hit $722 billion, with $246 billion in dry powder.
Supreme Court Hears Kentucky Pension Arguments
Justices grill governor’s top attorney over the legality of complex bill’s passing.
Royal Mail Pension Taps Stand-In as New CEO
Richard Law-Deeks’ strong leadership during his acting-chief period led to his promotion.
Bill Seeks to Bolster Women’s Retirement Savings
Legislation addresses financial disadvantages that disproportionately affect women.
California, Texas, Virginia Endowments Report 2018 Returns
Texas, Virginia returns top 11%; California lags with 8.9%.
European Court Rules UK Pension Compensation Cap Unlawful
Ruling expected to cause ‘administrative difficulties’ for UK’s Pension Protection Fund.
Lifetime Achievement Award: Mansco Perry, Minnesota State Board of Investment
A focus on the fundamentals of investing and the greater mission the portfolio serves are central to Perry’s highly distinguished career.
CalPERS Selects New Chief Investment Officer
Deal with Ben Meng is not done, however, as negotiations continue on total compensation.
Scott Lupkas Named Chief of Raytheon’s Pension Unit
New executive for the defense company comes from autoworkers union retiree health plan.
Smaller DC Pensions Struggle to Demonstrate Value
Survey finds size matters regarding defined contribution plan governance.
Mercer’s Parent Company Buys UK Rival for $5.7 Billion
The firm will expand its reach into the British pension advisor market.
Dartmouth Endowment Returns 12.2% in 2018
US, private equities help propel portfolio to a record-high market value of $5.5 billion.
US Market Surges While Others Flag? Not for Long, Says JP Morgan
Bank’s strategist says ‘sugar high’ of American tax cuts will peter out, hurting domestic stocks.
CalPERS Rejects Pay Packages for 43% of US Companies
Plan launches second initiative aimed to increase independent board members at Japanese companies.