Stony Brook Foundation Hires CIO
Endowment veteran David Marcus succeeds the foundation’s inaugural investment chief Erin Abouzaid.
News Archive: Sep - 2016
PGGM Names Private Markets CIO
The $225 billion Dutch pension has promoted Frank van Lennep to the role vacated by Ruulke Bagijn.
Newsmakers
Leaving Asset-Owning Behind
After eight years of exponential growth in the outsourced-CIO sector, investing talent is following.
California Requires Public Pension Disclosure of Alts Fees
The controversial law will go into effect January 1, 2017.
Why Manager Tenure Doesn’t Matter
A long track record doesn’t necessarily guarantee good performance, according to research.
Newsmakers
Blue Pill vs. Red Pill
Donald Trump, Hillary Clinton, and the dismantling of the EU: CIO imagines the world if.
On Change
Managing Editor Sage Um addresses change—in global politics, the consulting industry, and at CIO itself.
Consultant Slocum Folds Into Pavilion
Jeffrey Slocum & Associates’ $125 billion in advisory assets will merge into Pavilion’s North America-based consulting group.
Segal Rogerscasey Buys Marco Consulting Group
The merged group, Segal Marco Advisors, will manage more than $500 billion effective January 1, 2017.
Hedge Funds Caving to Investor Demands on Fees
Managers are increasingly offering hurdle rates, sliding fees, “clawbacks,” and discounts, according to an AIMA survey.
CPPIB Reshuffles Leadership Amid Senior Departure
The Canadian pension giant also created a real assets department to bring together its real estate, infrastructure, and agriculture groups.
BlackRock OCIO Exec Named Pensions Trust Chief
Managing Director Cliff Speed will replace David Adkins as head of the £9 billion workplace pension fund.
Gross: PIMCO Guilty of “Intentional Misconduct” in Lawsuit
Bill Gross is demanding the courts sanction PIMCO for “willful and bad-faith obstruction” in pursuing his $200 million lawsuit.
NEPC Defends Litigation-Ridden University DC Plans
Many features college DC plans are sued over are a source of guaranteed retirement income—solutions regulators and legislators are actively seeking to add to 401(k) plans, the consultant argued.