Stone Point Capital LLC announced that it held the final closing of its eighth private equity fund, Trident VIII, L.P., with $7 billion in total commitments.
BlackRock, the world’s largest investor, has joined an influential pressure group calling for the biggest polluters to reduce their emissions, after criticisms that it was undermining action addressing the climate crisis.
Ohio’s largest public pension system is considering cuts to health care benefits for thousands of current and future retirees as a way to shore up and extend coverage for years to come.
The Ontario Municipal Employees’ Retirement System (OMERS) has selected Annesley Wallace to serve as the fund’s new chief pension officer, replacing Blake Hutcheson, who recently left the position to become CEO.
Local government pension schemes in Britain pulled money out of hedge funds last year, shifting cash to infrastructure projects such as wind farms and to private equity, a Reuters analysis of annual reports shows.