As GP-Led Secondaries Grow, Investors Seek Transparency
GP-led secondaries had a record-breaking 2018, but new guidelines from ILPA show that investors want more information and more time to consider the deals.
News Archive: Apr - 2019
Newsmakers
Bolsonaro’s Brazilian Pension Proposal Passes First Legislative Test
Key panel rejects challenge to measure’s constitutionality and sends it forward.
Research
Endowments Increasingly Dour About Economy
Survey finds number of foundations fearing slowdown has tripled.
Australia’s IOOF Hit with Class-Action Lawsuit
Wealth management firm accused of ‘misleading or deceptive conduct.’
Newsmakers
Exclusive: Los Angeles’ CIO Preps for Potential $1 Billion Real Estate Sell-Off
Being 2% overweight to real estate means it’s time to trim the hedgings.
Newsmakers
Activists Unimpressed with Bed Bath & Beyond’s Revamp
Despite going along with a trio of activist investors’ suggestions, the company still receives the group’s criticism.
Market Moves
A US-China Pact Would Boost Commodities, Citi Says
Recovery in raw materials should persist if an expected end to the trade tiff comes.
Newsmakers
Harvard Activists Call for Fossil Fuel Divestment
Students, faculty, and alumni mark Earth Day by kicking off ‘Heat Week.’
Newsmakers
Kentucky Left to Try, Try Again on Pension Overhaul
State senator, the running mate of GOP Gov. Bevin, vows to come up with an alternative to bill Bevin vetoed.
US Corporate Pension Funding Ratio Rises to 87.1% in 2018
Funded levels increase despite worst asset performance in a decade.
Newsmakers
Illinois Group Wants Municipal Pension Consolidations
The 650-plus downstate public funds could merge to lighten retirement funding burden.
Research
China’s State Pension Could Run Out of Funds by 2035
Aging population, dwindling workforce puts strain on national retirement system.
Regulation
Brazilian Parliament’s Decision on Pension Reform Delayed
Lawmakers unable to agree on Bolsonaro’s pension reform proposals.
Regulation
Houston Pension Sues Conagra over Pinnacle Acquisition
Complaint says investors were misled over benefits of $10.9 billion merger.
People Moves Roundup
Hamilton Lane boosts its North American footprint, State Street’s international business grows, and more.