Asset Gains for 100 Largest Public Pensions Surge $98B in May; PRT Costs Decline
Funded levels for the plans rose to 81.1% during the month.
News
Barry Kenneth Talks Infrastructure and Institutional Investing
The CIO of the UK's Pension Protection Fund discusses investing in the private markets and investing trends in a webinar with CIO.
JFK Airport Lands Australia’s TelstraSuper as New Investor
The investment, of an undisclosed amount, “aligns with our long-term approach and our commitment to supporting essential infrastructure,” a fund official said.
Ex-GIC Tech Boss Launches Inaugural VC Fund
Jeremy Kranz’s Sentinel Global has raised $213.5 million in committed capital.
Georgetown University Taps Lehigh Endowment for New CIO
Kristin Agatone will become the investment chief of the $3.7 billion endowment, effective September 15, succeeding Michael Barry.
Tokenization Gets a Boost, but Questions Remain
Regulators are making it easier to tokenize assets, but market structure will have to evolve to support widespread adoption.
Opportunity Awaits Asset Owners in Tokenization
Blockchain-based investments could provide liquidity and operational efficiency for institutional investors.
CT Governor Signs Bill Banning Digital Assets in State Holdings
H.B. 7082, signed Monday by Ned Lamont, will bar investments in cryptocurrencies and related investments.
How Digital Tokenization May Change Custodians’ Role
Traditional custody banks are getting competition from upstarts.
GOP Senators Scale Back Endowment Tax Further
Recent amendments sheltered colleges with fewer than 3,000 tuition-paying students from facing a levy and removed the exclusion of international students from the calculation.
Brown Advisory to Acquire Marylebone Partners in International Push
The acquisition of the London-based investment manager will allow Brown to offer endowment-style investments to global clients.
Mandates on AI Projects Tighten as Asset Managers Focus on ROI, and Efficiency
Off-the-shelf artificial intelligence tools with domain-specific applications are increasingly being adopted, as firms prioritize faster deployment and lower development overhead.
Senate Includes Litigation Funding Levy in Tax Bill
The proposal would create a 41% levy on litigation finance profits, likely reducing the attractiveness of the investment vehicle.
Former UMD Foundation CIO Named Chief Global Strategist at OCIO Provider Acansa
Sam Gallo had previously served as the CIO the University of Maryland Foundation.
Trump, Republicans Agree to Cut Controversial ‘Revenge Tax’
Referred to as Section 899, the provision would have raised taxes on foreign investments in the U.S., which investors said would hurt capital markets.