A coalition of investors is putting pressure on stock exchanges to require listed companies to report how environmental, social and governance (ESG) factors into their business strategies.
With the launch of its first active equities fund in April, PIMCo is planning to offer four or five additional global equity strategies in the next few years.
The Cambridge, Massachusetts-based university's return in the year to June outpaced its own benchmark, reaffirming its belief in the endowment model of investing.
Canada Pension Plan Investment Board and Onex Corp., the nation’s
biggest buyout firm, seek a $1.6 billion buyout loan as part of a debt
package to fund their buyout of Tomkins Plc, two people familiar with
the situation told Bloomberg.
Bruce Malott, the chairman of New Mexico's educational pension fund, resigned after a disclosure that he borrowed $350,000 from the father of a man who shared in as much as $22 million in finder’s fees from state investments.
A civil lawsuit against CalPERS alleges that placement agent Al Villalobos attempted to "bribe" Shahinian in 2007 by flying him via private jet to New York to attend a fund-raiser honoring Apollo Management LP founder Leon Black -- a month later, Shahinian recommended an investment in Apollo from CalPERS, the suit alleges.
In the firm's first "clawback," Blackstone executives returned $3
million in carried interest to investors in Blackstone Real Estate
Partners International LP during the second quarter.
Unless lawmakers find a solution for the financially-strapped state to make its pension contributions this fiscal year, the $33.1 billion Illinois Teachers' Retirement System will be forced to sell investments to cover benefits.
