Global Pension Funds Fall Short of Private Equity Targets in Q1
CalPERS had the largest under-allocation, missing its target by more than $11.3 billion.
CalPERS had the largest under-allocation, missing its target by more than $11.3 billion.
Ilmarinen investment helps make the ETF launch the largest in U.S. history.
Magnus Billing lost the confidence of the pension fund’s board, and Katarina Thorslund has been named acting CEO.
The $242.3 billion state pension fund also committed more than $600 million to alts in February.
Liselott Ledin was placed on leave after Sweden’s largest pension fund lost almost $2 billion during recent U.S. banking failures.
Canadian pension giant and private equity firm will buy out SAP’s majority stake for $18.15 per share.
Despite decline, the British market topped £25 billion for the fourth straight year.
The nation’s Securities and Investments Commission is suing the pension fund for allegedly misleading members about sustainability.