BlackRock CEO Larry Fink told global leaders the World Bank and International Monetary Fund are outdated and require a total overhaul if they’re to marshal the trillions of dollars in investment needed to bring sustainability to the developing world.
Global real estate investment company Kennedy Wilson has entered into a new joint venture with a global institutional investor to acquire and manage core-plus multifamily communities in the Western U.S.
Macquarie Asset Management and Ontario Teachers’ Pension Plan Board have acquired an about 32% stake in Puget Holdings from Canada Pension Plan Investment Board for an undisclosed sum.
Chicago owes $32.9 billion to its four employee pension funds representing police officers, firefighters, municipal employees and laborers, according to the 2020 Certified Annual Financial Report — an increase of nearly 3.5% from 2019.