Asset Allocation
Cybersecurity M&A Balloons as Breach Danger Builds
Stealing data to sell, extract ransom or just for mischief is exacting a bigger toll.
News
Asset Allocation
CalSTRS Flexes Co-Investing Muscles
The $346.5 billion California teachers’ pension fund addressed leverage in its private equity policy with an eye toward expanding its co-investments and collaborative strategies portfolio.
Risk
Keeping Endowments Safe From Hackers
Cyberattacks on universities have soared, so university endowments are trying to catch up with other industries to ensure their portfolios are safe.
Asset Allocation
Sovereign Sophistication is Increasing
Macro forces and long-term investment horizons are pushing sovereign wealth funds to move portfolios into private markets and adopt new structures.
Alternatives
Dartmouth Endowment Returns 8.4% in Fiscal 2024
The fund rebounds from its 1.6% return in fiscal 2023.
Alternatives
Family Office, KKR Buy Up Regional Australian Airports
The acquisition of the four properties of Queensland Airports from Australian funds is expected to close this year.
Pensions
Iowa Public Employees’ Retirement System Returns 9.07% in Fiscal 2024
The fund’s assets grew to $43.61 billion by the end of June.
Regulation
Investor Groups Petition SEC to Cut 13F Reporting Timeline to 5 Days
Information is out of date under the current 45-day timeline, per the NYSE and two investment professional groups.
Newsmakers
STRS Ohio CIO, Acting Executive Director Resign
Controversy continued at the $92 billion Ohio teachers' pension.
Pensions
Korean Sovereign Wealth Fund Appoints Park Il Young as CEO
The executive moves from the World Bank Group for a three-year appointment.
Newsmakers
Lyenda Simpson Delp to Head NTAM’s Global Institutional Client Group
Delp’s appointment at Northern Trust Asset Management starts on December 3.
Newsmakers
Will Maslovsky Appointed CIO of Alfred P. Sloan Foundation
Effective September 18, Maslovsky succeeded Elizabeth Hewitt, who stepped down one day earlier.
Asset Allocation
CDPQ Acquires 25% Stake in Engie-Owned UK Hydroelectricity Provider
The C$452 billion pension fund bought the stake in a deal with Brookfield Asset Management.
Pensions
CDPQ to Build Forestland Portfolio in US Pacific Northwest
The Québecois pension plan will take a stake in asset manager Chinook Forest Partners as part of a new investment platform.
Pensions
Penn SERS Earns 5.2% During 1st Half of 2024, 1.3% in Q2
The retirement system also hired RVK as the general investment consultant for its pension plans.