Half of Middle-Market Dealmakers See No Impact From Trump on Private Equity Fundraising
ACG New York survey shows most expect private-equity investments will outpace hedge-fund and venture-capital investments in 2H.
News
Gov. Rauner Issues Amendatory Veto to Illinois’ Senate Bill 1
Urges General Assembly to make “historic changes” to state education funding.
Universities Superannuation Pension Reports 20.1% Return
However, liabilities outpaced investments, increasing the fund’s deficit.
Newsmakers
Three Days Left to Nominate Most Innovative CIOs and Best Asset Managers of 2017
Nominations close Friday, August 4.
Newsmakers
Calif. High Court to Hear Appeal Against San Diego Pension Cuts
City could be forced to create pensions for 3,000 workers if overturned.
Research
New Workers Must Save 20% of Income to Match Baby Boomers’ Retirement
Report finds new workers face “hostile economic environment.”
Newsmakers
International Paper to Make $1.25 Billion Pension Contribution
The move is part of a long-term de-risking program at the company.
eVestment: Public Pension Plans Gravitating to Real Assets, Private Equity
The trend may help introduce more transparency in these private markets since public plans are held accountable, firm says.
Research
KPMG Survey Finds ‘No End to Growth for LDI’ in UK
UK pensions have more than £900 billion of exposure to LDI.
Newsmakers
Oregon PERS to Lower Fund’s Assumed Rate 0.3%, Increasing Unfunded Liability
New rate suggested by Milliman based on study.
Newsmakers
UN Pension Fund Launches Global Search for New CIO
Female candidates strongly encouraged.
CIO’s Transition Manager Survey Deadline Extended
Transition Managers can now be rated by clients via online questionnaire until August 4.
Newsmakers
Trump Administration Removes Scaramucci
“The Mooch” removed from White House position as new chief of staff appointed.
Maryland SRPS Returns 10% in FY2017
Private, public equity reap the majority of gains.