Companies that manage investments for their pension plans in-house face a thankless job. The costs are high, the profits are low, and the rewards are limited. So Nokia USA shed its in-house pension ...
Now this is what you call a reversal of fortune. One year after losing 18 percent, Chris Hohn’s TCI Fund Management surged to a 33 percent gain in 2023. As a result, the London-based, ...
The value of Stan Druckenmiller’s U.S. stock portfolio shrank by about 20 percent in the first quarter, to approximately $2.94 billion, according to his Duquesne Family Office’s recent 13F filing.
KKR & Co. is deepening private equity inroads into the world of individual investors. KKR, co-founded by Henry Kravis in 1976, announced Wednesday that it has invested in iCapital Network and that ...
Greenlight Capital, the value-driven long-short hedge fund, was up 4 percent in January, compared with just a 2.7 percent gain for the S&P 500 and a 1.6 rise for the Nasdaq Composite. The hedge fund ...
Sovereign wealth fund Qatar Investment Authority will invest $25 billion in Goldman Sachs Asset Management funds and direct investments, building on an existing arrangement. QIA will also become an ...
A brutal selloff of public business development companies has left investors struggling with a stark question: Are steep discounts signaling that a wave of defaults is coming or has fear run ahead of ...
Allocators chose Mark Steed as the Public Pension Plan CIO of the Year. Institutional Investor honored Steed and other investors Thursday evening at the 2024 Allocators’ Choice Awards in New York City ...
Another public allocator has gone over to the private sector: Steven Meier, former chief investment officer for New York City’s $309 billion pension funds, has joined Neuberger Berman in an advisory ...
Despite Fidelity dominating the defined contribution recordkeeping space and ranking among the biggest asset managers, its outsourced chief investment officer business is still a little-known blip on ...
As part of its plan to expand into private markets and insource more of its investment decisions, the New Hampshire Retirement System has appointed Danita Johnson as head of private markets. An NHRS ...
Hand it to Ryan Packard. Two years after being named one of ten Institutional Investor Hedge Fund Rising Stars, he is still a manager worth watching. The founder of Hiddenite Capital Partners was up ...