James Perry, currently assistant CIO for the Texas Tech’s endowment, has been tapped to lead the deeply underfunded pension plan.
News Archive: Aug - 2015
The country’s authorities want its public pension to help support its ailing stock market.
Norges Bank is looking for “high achievers” to work alongside Norway’s wealth fund.
Academics have found investors—in fear of fire sales—migrate from stocks owned by asset managing giants, resulting in negative returns and low liquidity.
A New York Times op-ed and writer Malcolm Gladwell have called out Yale for spending too much on managers, and not enough on students.
Kerim Kaskal will leave at the end of October to establish his own asset management firm.
Menlo Park, California’s Sequoia Capital and New Enterprise Associates topped the list of venture capital firms, with each raising more than $10 billion over the last decade.
Even with extremely conservative projections, the data firm sees Apollo as solid with sticky investors despite its weak stock price.
Joel Mandelbaum, formerly of Wall Street Systems, has been named CEO and President.
A September increase in US interest rates is looking too early for some.
In a market dominated by one insurer, Lincoln Electric made a rare choice in purchasing annuities from Principal Financial.
Asset owners may be paying upwards of 20% of their private equity profits in carried interest—but not always for outperforming funds.
The investment office has added eight new hires over the past two years, including a CIO.
China and emerging markets fall out of favour among asset allocators following a turbulent few months in equity markets.
The bank hired several interns who didn’t meet its GPA or interview standards, but were related to Middle Eastern sovereign wealth fund officials, the SEC alleged.