The asset manager’s 15-year-old alternatives programme has experienced a recent string of departures, including earlier this year founding member Holly Holtz.
2 min read · 18 January 2013
The revolving door of private equity leaders at US public pensions continues to spin as Steve LeBlanc, one of the most influential LPs in the market, has decided to head to the private sector.
3 min read · 18 January 2013
Goldman Sachs, AlpInvest and Landmark Partners are backing the financial separation of Ridgemont Equity Partners from Bank of America as the firm raises its debut fund as a fully independent firm.
2 min read · 18 January 2013
Investment professionals Xiaoqing Bai and Olivia Ouyang will take on additional responsibilities for global real estate and Europe-focused private equity, respectively, after two senior executives decided to leave the $460bn sovereign wealth fund.
2 min read · 18 January 2013
The more than 200-year-old organisation has hired Cambridge Associates as an outsourced CIO to help with due diligence of managers, selection of managers and portfolio rebalancing.
1 min read · 18 January 2013
The indictment of Detroit's former treasurer has revealed an alleged pension pay-to-play scheme in which managers and consultants are accused of providing bribes in exchange for business with two of the city’s municipal pension systems.
3 min read · 18 January 2013
The $1bn university endowment has been reaping access to top-tier managers since the financial crisis, led by private markets head Sam Masoudi.
2 min read · 18 January 2013
Firms have been filing registration documents since last year to meet the 30 March deadline. And for some firms, the documents include some ‘embarrassing’ disciplinary history.
4 min read · 18 January 2013
Williams College, which has a $1.8bn endowment, is searching for a new head of ‘non-marketable securities’ following the departure of Tim Joeng, who led buyouts, venture and real estate at the college for five years.
2 min read · 18 January 2013
The $25bn pension system has hired Terrence Purcell on an interim basis to replace former private equity head Adrian Kingshott, who left the system in February after only a year on the job.
1 min read · 18 January 2013