Preqin: Venture Capital Deals Hit Record in 2017
In overall value, VC fundings totaled $182 billion, besting 2015 high mark.
News Archive: Jan - 2018
Newsmakers
Top UK University Union Members to Strike over Pension Changes
Average professor could lose over $200k in benefits under new plan.
Newsmakers
William “Bill” Bain, Founder of Bain & Co., Dies at 80
Mitt Romney: “It’s hard for me to imagine my life and career without Bill Bain’s mentoring.”
UK Pension Deficits Widen in December
Despite monthly increase, deficit is 54% lower than previous year.
Alcoa to Freeze US, Canada Pensions by 2021
Aluminum producer will transition employees to defined contribution plans.
Regulation
Pension Reform Hot Topic for Illinois Gov’s State of the State Address
State representative hopes for reversal of population migration trend to battle pension crisis.
Regulation
Fla. Bill Increases State Pension Contributions
Proposed legislation calls for an additional $178.5 million a year.
Asset Allocation
Mercer Buys Japan’s BFC Asset Management
US consulting firm’s acquisition marks expansion in the Japanese investment management realm.
Hedge Fund Investor Inflow Brings New Asset Record
New capital of $59 billion comes as funds log strong returns.
Moody’s: Higher Treasury Yields Expected as Equities Surge
The firm points to stock rally and lower junk yields as key to New Year market sentiment.
Newsmakers
San Francisco to Vote on Fossil Fuel Divestment
Move would be largest global divestment of fossil fuel stocks for San Francisco.
Risk
Carillion Collapse Leaves Pensions’ Fate in Doubt
Construction company’s 28,000 pension members transferred to lifeboat.
Newsmakers
Kentucky Pension Reform Being Kept Under Wraps
Proposals not addressed at state budget meeting.
San Francisco to Increase Investment in VBA
Investment may increase by $200 million.
Newsmakers
CalPERS: Ring’s Flippant Claim of ‘Tricky Accounting Gimmicks’ Is False
CalPERS responds to Ring’s column.