Limited Partners Swell Ranks as PE Fee Battle Intensifies
An organization of private equity investors is the latest group to push for reform of the sector’s charging practices.
News
Texas Teachers Targets Co-Investments with London Office
The public pension giant is to open a three-person office in the UK capital in November.
SDCERA Hires its Insourcing Consultant as CEO
David Wescoe, who helped San Diego County's $10.6 billion fund transition from OCIO, will lead the organization he once advised.
Private Equity’s Most Demanding Customers
Investors expect significant outperformance and an improvement in alignment of interests from private assets, as debate over fee levels rages on.
UK Government Said to Target £30B Public Asset Pools
Initial talks over fundamental public pension investment changes have revealed the scale of politicians’ ambitions.
Ohio State Pension Names New CIO
The $91 billion public plan appointed Richard Shafer—OPERS’ interim-CIO since last October—to officially lead the fund.
Regulator Relaxes Dutch Deficit Rules
Underfunded pensions in the Netherlands will now be granted 12 years to recover, rather than 3.
Pensions to Save $18B from ‘Outdated’ Mortality Tables
Credit rating agency Moody’s says plan sponsors could save on contributions next year but warns they could be “kicking the can down the road”.
The End of Plan Sponsors
Most asset owners at Russell’s client conference support putting themselves out of a job, provided the right environment.
Allianz Life Appoints New CIO
Todd Hedtke has been promoted to senior vice president and chief
investment officer of Allianz Investment Management.
An Active Manager’s Guide to Working with NZ Super
The New Zealand wealth fund has outlined what it expects from its managers and partners.
Swedish AP3 Appoints Replacement CIO
A new hand is on the tiller of one of Europe’s largest institutional investors.
Asness: This Is Why Factor Investing Will Survive
AQR’s founder argues expected returns are likely to be lower and risks higher, as factor investing becomes more popular.
UTIMCO Head of Private Markets Steps Down
Lindel Eakman is leaving his position at the $35 billion endowment to launch a new venture capital fund.
From All Sides, Pressure Mounts Over Private Equity Fee Practices
The IRS, SEC, and 13 state pensions have all moved to force private equity firms to fully disclose fees, pay taxes on them, and repent to clients when they don’t.