Latest News

SEARCHES AND HIRES

SEARCHES AND HIRES

The New Jersey Division of Investment committed up to $300 million to Vista Equity Partners Fund VII.
Fed minutes show path to June rate hike

ECONOMY

ECONOMY

Another hike in the federal funds rate is likely at the June 12-13 meeting of the Federal Open Market Committee.
Kazakhstan appeals court ruling on freezing $22 billion of assets

SOVEREIGN WEALTH FUNDS

SOVEREIGN WEALTH FUNDS

Kazakhstan's government is asking an appeals court to throw out a decision that allowed BNY Mellon to freeze about $22 billion of assets in the country's oil fund.
Global public investors' assets rise 7.3% in 2017 to $36.2 trillion

ASSET OWNERS

ASSET OWNERS

Global public investors' assets totaled $36.2 trillion at the end of 2017, a 7.3% increase from the end of 2016.

Asset Servicing

Asset Servicing

David I. Kim was named head of Asia-Pacific region sales for Northern Trust's corporate and institutional business.
Morgan Stanley wants to double money management unit AUM to $1 trillion

MONEY MANAGEMENT

MONEY MANAGEMENT

James Gorman would like Morgan Stanley Investment Management to join the $1 trillion club.
Private equity tops returns for public plans; MassPRIM portfolio leads the way – report

Private Equity

Private Equity

Private equity leads all asset classes in long-term investment performance among U.S. public pension plans.
GWM Investment Management takes majority stake in Optimus Capital

Money Management

Money Management

GWM Investment Management acquired a majority stake in institutional and private wealth money manager Optimus Capital.
FIS Group to acquire Piedmont Investment Advisors, combining $10 billion in AUM

Money Management

Money Management

FIS Group is acquiring institutional investment manager Piedmont Investment Advisors.
LGPS in England and Wales return 19.5% in latest annual report

Pension Funds

Pension Funds

The 90 local government pension schemes in England and Wales returned 19.5% for the year ended March 31, 2017.

MONEY MANAGEMENT

MONEY MANAGEMENT

Stephen Thariyan was named co-head of developed markets at BlueBay Asset Management.

REAL ESTATE

REAL ESTATE

Stephane Theuriau was named managing partner at BC Partners Real Estate, a new venture for the European private equity firm.

PRIVATE EQUITY

PRIVATE EQUITY

Robby Winarta and Long Hoang will join Carlyle Group's Southeast Asian private equity team, boosting it to eight investment professionals.

INTERNATIONAL

INTERNATIONAL

First State Super will install Metlife insurance head Deanne Stewart as its next CEO when current chief retires at the end of November.
Chicago Public School Teachers terminates Ivy Investments from equity portfolio

Pension Funds

Pension Funds

Chicago Public School Teachers' Pension & Retirement Fund terminated domestic large-cap equity manager Ivy Investments.