Sovereign Sophistication is Increasing
Macro forces and long-term investment horizons are pushing sovereign wealth funds to move portfolios into private markets and adopt new structures.
News
Dartmouth Endowment Returns 8.4% in Fiscal 2024
The fund rebounds from its 1.6% return in fiscal 2023.
Family Office, KKR Buy Up Regional Australian Airports
The acquisition of the four properties of Queensland Airports from Australian funds is expected to close this year.
Iowa Public Employees’ Retirement System Returns 9.07% in Fiscal 2024
The fund’s assets grew to $43.61 billion by the end of June.
Investor Groups Petition SEC to Cut 13F Reporting Timeline to 5 Days
Information is out of date under the current 45-day timeline, per the NYSE and two investment professional groups.
STRS Ohio CIO, Acting Executive Director Resign
Controversy continued at the $92 billion Ohio teachers' pension.
Korean Sovereign Wealth Fund Appoints Park Il Young as CEO
The executive moves from the World Bank Group for a three-year appointment.
Lyenda Simpson Delp to Head NTAM’s Global Institutional Client Group
Delp’s appointment at Northern Trust Asset Management starts on December 3.
Will Maslovsky Appointed CIO of Alfred P. Sloan Foundation
Effective September 18, Maslovsky succeeded Elizabeth Hewitt, who stepped down one day earlier.
CDPQ Acquires 25% Stake in Engie-Owned UK Hydroelectricity Provider
The C$452 billion pension fund bought the stake in a deal with Brookfield Asset Management.
CDPQ to Build Forestland Portfolio in US Pacific Northwest
The Québecois pension plan will take a stake in asset manager Chinook Forest Partners as part of a new investment platform.
Penn SERS Earns 5.2% During 1st Half of 2024, 1.3% in Q2
The retirement system also hired RVK as the general investment consultant for its pension plans.
Shell to Outsource $30B Pension to BlackRock
The OCIO transaction will cover 30,000 members of Stichting Shell Pensioenfonds.
CalSTRS Promotes 2 to Investment Director
Rosie Lucchesini-Jack and David Murphy were appointed as directors of fixed income and global equity, respectively.
AIMCo Promotes 2 Executives to Replace Outgoing CIO
Marlene Puffer will depart as CIO of the C$168.9 billion Alberta pension fund.