Institutional Investor

The $294bn US pension fund has introduced a number of controls designed to prevent another scandal like ‘Pay-to-Play’.

The state employees’ retirement system is mulling a sale from its $2bn illiquid assets portfolio.

Institutional investors in Australia are preparing to re-orientate their portfolios and sell stakes, according to a principal at the $57bn investment firm.

The pension has reduced its annual investment costs over the past five years.

The board of directors has chosen Mark Machin to lead the pension fund after Wiseman's mid-June departure.

The pension has made a $100m commitment to the Blackstone unit’s latest secondaries fund, saying the firm has an ‘excellent track record’.

The firm will focus on sustainable development investments with strong ESG principles with its new fund of funds.

The private markets investment firm has picked up five real estate fund positions from the New Zealand investor, which is looking to exit the asset class.

Less than two years since becoming executive vice-president for private equity and infrastructure at the Canadian pension, Andreas Beroutsos is stepping down.

NYC’s Bureau of Asset Management, which last year hired Greenhill Cogent to advise on a secondaries sale, has named David Enriquez as senior investment officer of private equity.