A total of 65% of institutional investors expect private equities will deliver returns at least 4% over public markets, according to a new survey from data provider Preqin.
MassPRIM's board wants to reduce its assumed rate of return from 8.25% to 8%, and the state's treasurer is championing the change at the legislative level.
A Louisiana pension fund has claimed in a lawsuit that Simon Property Group directors improperly increased its CEO's compensation without seeking shareholder approval.
No longer are institutional investors willing to pay the generous fees private equity managers have traditional charged, according to a survey by financial data firm PEI.
Internal emails from the Pension Benefit Guaranty Corporation have emerged that could pose tricky questions for the Treasury Department over its involvement in the decision to terminate Delphi Corp.’s non-union pension plan in 2009.