Newsmakers
KKR Names Melissa Kivett as Head of Defined Contribution
The appointment comes during a push for private equity in DC plans.
News
Newsmakers
Johns Hopkins Hires Georgetown’s Mike Barry as CIO
Managing Director Chris Gill will step in for Barry on an interim basis.
Asset Allocation
European Institutional Investors Remain Wary of Active ETFs, per Report
Only one-quarter of large asset managers are early adopters of exchange-traded funds’ younger siblings.
Newsmakers
Sam Waldon Named Acting SEC Enforcement Head
Acting SEC Chair Mark Uyeda named the former acting deputy director as acting director of the division of enforcement.
Pensions
Dutch Pension Fund Seeks Divestment from BlackRock
PME Pensioenfonds is considering the future of the 5 billion euros it has with the asset manager after it left the Net-Zero Asset Managers Initiative.
Asset Allocation
Strong US Economy, AI Lead to Positive Outlook for 2025 Markets
Implications of Trump polices on tariffs and immigration remain significant unknowns.
Manager Selection
Illinois Police Pension Narrows Private Markets Consultant Pick to Albourne, Callan
IPOPIF plans to allocate 20% of its portfolio to alternative investments, up from no current allocation to these asset classes.
Opinion
Our Story: Sharpening The Russell Family Foundation’s Philanthropic Tools to Help Drive Transparent Climate Action
CEO Kathleen Simpson explains the philanthropic organization’s method of adopting transparency and accountability.
Pensions
Oregon Bill Would Ban State Pension Investments in Private Markets Funds Invested in Fossil Fuels
Senate Bill 681 would prohibit the state treasurer from renewing or making investments in private equity or other alternative funds which state an intention to invest in fossil fuels.
Newsmakers
PSP Investments Names Infrastructure, Clean-Tech Boss Patrick Charbonneau as CIO
Charbonneau has been president and CEO of PSP subsidiary Canada Growth Fund Investment Management, which named Yannick Beaudoin as his successor.
Asset Allocation
US Pension Plan Managers Split on Primary Benefit of Private Assets
An Ortec Finance survey sheds light on what pension fund executives expect in the coming years.
Asset Allocation
ILPA Proposes New Private Equity Reporting Guidelines
The Institutional Limited Partners Association updates its templates for reporting and performance.
Newsmakers
Maryland State Pension CIO Andrew Palmer Announces Retirement
Palmer, CIO of the Maryland State Retirement and Pension System since 2015, expects to step down this summer.
Alternatives
Direct Lending Default Rate Expected to Rise to 3% in 2025
KBRA anticipates an increase spurred by consumer sector defaults.
Corporate Moves
BPCE, Generali to Combine Asset Management Operations, Form $1.98T European Investment Giant
The combined firm would become the world’s largest insurance manager, with more than half of managed assets coming from pension and insurance clients.