One of the most successful CIOs in American higher education told FOX Business’ Gerry Baker on “WSJ at Large” that rising costs will force more colleges to close their doors.
With approximately R$250 million in commitments, the Fund represents a sizeable increase to its predecessor, which closed at approximately R$150 million in 2014.
State pension systems say a proposed bill that would force them to disclose more information from private-equity managers could hurt investment returns.
The Washington State Investment Board, which oversees $141.8 billion for 17 state retirement plans, can move forward with a lawsuit that seeks to recover millions of dollars from a soured investment in a Brazilian conglomerate that was discovered to be engaged in an international bribery scandal of unprecedented scale.