Asset Allocation
New York State Common Retirement Fund Invests More Than $3B in May
Notable among the pension giant’s outlays was a $1 billion investment in a fund managed by Khosla Ventures.
News Archive: Jul - 2023
Newsmakers
Ontario Teachers’ Pension Taps New Asia-Pacific Head
Bruce Crane has managed the Canadian pension fund’s infrastructure and natural resources investments in the region since 2020.
Market Moves
Inverted Yield Curve Nears Its First Birthday—and There’s No Recession
Some strategists say pandemic spending and other factors have severed the historic sequence.
Pensions
Pension Risk Transfer Costs Rose in May
Milliman index shows that insurers’ appetite for interest-rate risk may be waning.
Asset Allocation
Re-Mixing Asset Allocation: Insurers Decrease Bonds, Then Do a Partial Reversal
The industry also is expanding its exposure to stocks and alts, amid rising rates.
Asset Allocation
Insurers Tap Money Managers for Opportunities in Real Estate, Private Credit Markets
A recent surge in home construction has insurers eyeing investment opportunities in the single-family and multi-family residential sectors.
Asset Allocation
Stalled Venture Capital Funds Scramble to Find Cash for Impatient LPs
Lack of exits, as IPOs are infrequent, has VC managers selling part of their stakes to others, but at a discount.
Corporate Moves
Oaktree Capital CEO Jay Wintrob to Step Down in 2024
The $172 billion alts investment manager taps Robert O’Leary and Armen Panossian as co CEOs.