The US economy has been built around low interest rates. As rates rise, so will the fallout.
U.S. public pension plans emerged from the global financial crisis battered, but better-prepared to weather future crises, according to a new report.
The global private markets head’s responsibilities have been assumed by other team members.
The firm hired a managing director and deputy portfolio manager to help build and lead the firm’s investment capabilities in structured credit.
New Jersey would join a growing list of states to divest its pension fund from fossil fuel companies if a long-stalled bill passes.
He will work to deepen CIFC’s relationships with clients and lead capital formation efforts.
They will join the firm’s plus fixed-income team and are based in London.
He works with entrepreneurs and leaders across the portfolio to leverage technology through product-driven initiatives.
He is responsible for management of discretionary portfolios and researching capital markets.
The process, known as a tender offer, is among several options GPs have to deliver liquidity back to LPs at a time when distributions and fundraising are slowing.