Alternatives
Macquarie Asset Management Closes Inaugural Infrastructure Secondaries Fund
Approximately $711 million in total commitments were made for MAPIF.
News
Newsmakers
University of Rochester CIO Doug Phillips to Retire
The investment chief will leave at the end of September after 25 years at the institution.
Pensions
Public Pension Funding Ratios Modestly Increase in Fiscal 2025
Between 2023 and 2025, the funded status of state and local plans increased 1.5 percentage points, the Boston College Center for Retirement Research found.
Asset Allocation
After Rollercoaster Year, Japan’s GPIF Ekes Out 0.71% Gain in Fiscal 2024
The $1.7 trillion pension giant also increased its domestic bond holdings by $28 billion during the fourth quarter.
Asset Allocation
Institutional Funds Largely Underperformed Benchmarks in Q2
Plans tracked by Confluence’s Preliminary Plan Universe Performance Report returned 6.06% during the year’s second quarter.
Pensions
NCPERS Warns of Risks From Dismantling Public Pensions
Transitioning from defined benefit to defined contribution plans could have negative ‘unintended consequences,’ the National Conference on Public Employee Retirement Systems found.
Newsmakers
Robeco Names Anton Eser as CIO
The investment chief has previously held the same title at LGIM and 10X Investments.
Newsmakers
AustralianSuper Taps NYC Pension Deputy CIO
Eneasz Kądziela joins the superannuation fund as senior portfolio manager
Pensions
Huntsman Pension Completes $278 Million Buy-In with M&G
The PRT transaction will cover more than 660 retirees and deferred scheme members.
Newsmakers
South Carolina Retirement System CIO to Leave for New Opportunity
Geoffrey Berg will depart the $47.2 billion pension fund in September.
Asset Allocation
La Caisse Invests $2.3B in UK Nuclear Plant
The Quebec pension fund will take a 20% stake in the $51.40 billion project.
Asset Allocation
‘Imperialist Russia’ Causes Another European Fund to Reinstate Weapons Manufacturers
Danish pension fund AkademikerPension said it will no longer restrict investments in European arms manufacturers with links to nuclear weapons.
Asset Allocation
New York State Pension Bulks Up on Private Equity in $3B Spree
The pension fund allotted more than $1.4 billion to the asset class in March alone.
Asset Allocation
Actors Call for Screen Actors Guild Pension to Divest Fossil Fuels
The guild’s pension fund is estimated to have at least $100 million invested in fossil fuels.