Manager Selection
Australia’s REST Backs Nuveen Retail Property Fund With $250M
The asset manager raised $330 million from a trio of superannuation funds for its U.S. Cities Retail Fund.
News
Regulation
SEC Enforcement Division Director Steps Down
Margaret Ryan is succeeded by Sam Waldon, who has returned to the role of acting director.
Newsmakers
Cleveland Clinic CIO Stefan Strein Moves to University of North Carolina
Strein will succeed Jonathon King, who retired after 20 years, in heading the University of North Carolina Management Co.
Newsmakers
Canada Infrastructure Bank CIO to Retire
John Casola will leave the $19 billion investor at the end of March.
Alternatives
Private Equity Dealmaking Set to Rebound, per McKinsey
While deal value is increasing, the industry still faces structural headwinds.
Asset Allocation
Amidst Geopolitical Uncertainty, Institutional Investors Rein In Return Expectations
Nearly half of surveyed investors said they expect lower returns from companies in the S&P 500 Index in 2026, according to research from asset manager Commonfund.
Alternatives
What LPs Expect From Their Alts Managers
Limited partners report that ‘depth beats noise, and alignment beats hype’ when evaluating new general partners, according to a survey from LP networking community Commonplace.
Pensions
Illinois Municipal Retirement Fund Commits $249M to Real Assets, Alternatives
The $60.8 billion IMRF re-upped with existing managers.
Pensions
Corporate Pensions See Mixed Funding Ratios in February
Some barometers found funding surpluses pushing near 110%.
Corporate Moves
Janus Henderson Rejects Victory Capital Acquisition Proposal
The asset manager’s board reaffirmed its preference to be acquired by Trian and General Catalyst.
Newsmakers
Cranston Named CEO of $235B Multi-Family-Office Firm Cresset
The firm’s founders will step back and take executive co-chair roles, as of April 15.
Corporate Moves
Easterly Asset Management to Acquire Fund Management Business From Olstein
Mutual funds from Olstein Capital Management will be reorganized and managed by Easterly Snow.
Newsmakers
Thomas Kim Elevated to SBCERA Deputy CIO
The newly created role at the San Bernardino County Employees’ Retirement Association comes as CIO Donald Pierce has announced plans to retire later this year.
Asset Allocation
Norges Bank Takes Major Palantir Position Amid Suspension of Council on Ethics
Palantir Technologies has been accused of contributing to human rights violations by providing U.S. Immigration and Customs Enforcement with software used to track targets for mass deportation.
Alternatives
IFM Investors Maps Path for Australia’s Super Funds to Meet US Infrastructure Funding Gap
To revitalize American infrastructure, IFM described pension funding as a ‘generational opportunity.’