PIMCO related stories
All articles and analysis
Landmark continues to boost IR teamJames Clarke joins from Golden Tree Asset Management as a director on the IR team
- Illinois Teachers approves $330m for private equity
The allocations will go to three funds including an emerging manager
- The evolution of secondaries
Different crises have led to evolutions of the secondaries market, none more so than the global financial crisis of 2008. The market today is more vibrant, diverse and integrated than ever before, write Jeff Hammer and Paul Sanabria (pictured).
- Friday Letter Mixed messages
Alliance Boots and Chrysler’s problems at syndication spell doom for buyouts, according to headline writers, but the real picture is more complicated.
- Friday Letter Private equity to the rescue
‘Traditional’ asset classes are expected to produce lackluster returns this year, highlighting once again the importance of private equity for investors to reach their overall returns objectives.
- Pensions are biggest funders of infra, survey finds
Of the $179bn of assets managed last year by the world’s top 50 infrastructure funds, $109bn - or about 61% - correspond to mandates on behalf of pension funds, reports a survey by Towers Watson and the Financial Times. Macquarie manages the largest amount of pension assets of all alternative asset class managers, at $52bn.
- Oaktree, Centerbridge among CIT bondholders to offer $3bn rescue
The troubled mid-market lender CIT Group has received a $3bn rescue package from a group of its bondholders that will prevent it from collapse, at least for the short term.
- Harvard endowment chief outlines opportunities amid grim credit conditions
Robert Kaplan offered a gathering of midmarket buyout professionals a gloomy vision for the credit markets while noting that the dislocation also provides premium investment opportunities 'if you have the dry powder'.
- Harvard taps its former private equity head as CIO
Amid significant turnover, former vice president of private equity Jane Mendillo will return to the world's largest university endowment after leaving the Crimson for Wellesley College in 2002.
- Harvard endowment PE manager leaves for UNC
Kevin Tunick is the second alternative investment manager to leave the influential endowment following the arrival of a new CEO.