A Florida city’s general employees pension plan hired a new consultant this month.
Tarrant, the founder of Protege Partners, died of a brain tumor, Reuters reports.
A controversial section of a proposed code of conduct would bar California Public Employees’ Retirement System board members from speaking out against investment decisions or policies following board approval, a move some are claiming is aimed at stifling dissent and preventing board members from talking to the media, CIO reports.
The board of Oregon’s public pension system voted 3-to-2 Friday to stand pat on the system’s key funding assumption, maintaining their assumed rate of return on investments at 7.2% annually, The Oregonian reports.
A deal for the financial-information and terminal business would help the U.K.-based exchange operator expand its business as a data provider to investors and companies, the Wall Street Journal reports.
Public pension plans in the U.S. are basing their funding strength on rosy assumptions, the Wall Street Journal reports.
Plan’s returns were led by private equity and innovative strategies.
Firm closes oversubscribed fund with $610 million in total capital commitments.
Private equity leaders are pushing back sharply against a new plan from Sen. Elizabeth Warren (D-Mass.) to rewrite the basic rules of the road for firms she likened to “vampires,” the Washington Post reports.
Madison Marquette, a leading national real estate investment manager, service provider, developer and operator announced today the closing of its merger with The Roseview Group, a boutique institutional real estate investment and advisory company.