NCPERS Study Reports Solid Year for Public Pensions
Employer contributions up 4%.
News
Study: Private-Equity Buyouts Stay Strong Globally in 2017
Deals on par with 2016, totaling $347 billion, Preqin researchers say, with most action in North America.
Newsmakers
San Francisco Approves Scaled-Back Divestment Plan
The plan also calls for the hiring of a director of socially responsible investing.
Newsmakers
Federal Judges Dismiss Rhode Island Pension Lawsuit
Previous state pension plan changes noted in ruling.
Research
Virginia Government Aims to Create Blockchain Study Group
Joint subcommittee to be funded by cryptocurrency wallet.
NACUBO: Endowments Returned 12.2%
But 10-year average annual dips to 4.6%.
Manager Selection
McCormick to Become CEO of BAAM
J. Tomilson Hill will become chairman of Blackstone Alternative Asset Management.
Market Moves
Fidelity Eyes Chinese Mutual, Pension Fund Markets
Company to provide domestic investment products to institutional investors, and high net worth individuals.
Newsmakers
Colorado Pension Sues Nine Banks over Lending Rates
Pension alleges the banks rigged their lending rates to boost profits.
Regulation
Temer Administration Still Adamant on Brazilian Pension Reform in 2018
Presidential poll leader awaiting Wednesday trial.
Northern Trust to Acquire Technology, Software Development Services from Citadel
The agreement allows for deeper collaboration between developers.
AIG Nabs Validus for $5.6 Billion
Deal expected to close mid-2018.
Preqin: Venture Capital Deals Hit Record in 2017
In overall value, VC fundings totaled $182 billion, besting 2015 high mark.
Newsmakers
Top UK University Union Members to Strike over Pension Changes
Average professor could lose over $200k in benefits under new plan.
Newsmakers
William “Bill” Bain, Founder of Bain & Co., Dies at 80
Mitt Romney: “It’s hard for me to imagine my life and career without Bill Bain’s mentoring.”