Alternatives
Texas Teachers’ Shoulders Its Way into Blackstone’s Behemoth Private Equity Fund
Sizable commitment shows the pair’s years-long relationship has no signs of fraying.
News
Risk
At Pension Bridge: What’s the Right Risk-Oriented Way to Allocate Assets?
Wisconsin’s Edwin Denson looks at what the next downturn could mean for investing.
Newsmakers
CalPERS Supports Carbon Pricing
The largest US pension plan wants heavy carbon emitters to pay as part of a plan to combat climate change.
Alternatives
At Pension Bridge: Finding Opportunity in Real Estate
What’s working now and how to take advantage of what isn’t.
Market Moves
Greenspan Says Expanding Entitlements Will Squelch Economic Growth
Former Federal Reserve chief warns that huge obligations will crowd out needed capital spending.
Commerzbank De-Risks $1.6 Billion from Dresdner Kleinwort Pension
Buy-in with PIC is largest deal of the year so far.
Newsmakers
At Pension Bridge: How Susan Oh Is Raising Diversity Awareness for Female Investors
PSERS’s risk parity director tells what prompted her passionate mission.
Alternatives
At Pension Bridge: How a Utah Pension Plan Invests in Farmland
Organization’s head of agriculture and real assets explains what drove the fund to the space.
UK Government Leaves Universities on Their Own to Deal with Increased Public Pension Costs
Opponents call the ruling ‘deeply worrying’ for the future of the country’s higher education institutions.
Manager Selection
TRS Expands Diversity Recruiting by Partnering with Howard U
Albright: ‘Any number of Howard students may be tomorrow’s investments superstars – and we want them playing on our team for our members’ long-term financial security.’
Goldman Puts Number on Odds of a Recession: Just 10%
Wall Street firm credits the Fed’s about-face for sunnier view.
Opinion
At Pension Bridge: CIOs Debate Passive vs. Active, What Worries Them
At conference, Texas, Nebraska, and Minnesota chiefs mull over deep questions about how they deploy their capital
Asset Allocation
At Pension Bridge: New Hawaii CIO Speaks on Hedge Funds
Elizabeth Burton finds value in a selective approach to an asset class that hasn’t done well lately.
Regulation
Norway Reviews Ethical Guidelines
Government Pension Fund Global also introduces coal thresholds.
Regulation
New Illinois Bill Would Consolidate more than 650 Police and Fire Pensions
Debates ensue over projected returns, transition costs, and throwing the fund’s impeccable funded ratio off-balance.