Wellington Management related stories
All articles and analysis
Huntsman Gay hires Bain exec to head IRBen Thorndike was hired from Bain Capital as managing director and head of investor relations. Thorndike was director of IR at Bain.
- New York ploughs $150m into PPIP funds
Invesco and Oaktree have secured commitments from the $126bn New York State Common Retirement Fund. The pension also committed $160m to four private equity funds.
- Maryland bets big on PPIP funds
The pension has been one of the most active investors this year and plans to remain active in 2010.
- AMERICAS NEWS: PPIP wiggle room
Marathon Asset Management is the latest manager to hold a first close on its PPIP fund. PERE Magazine December 2009-January 2010 issue.
- Maryland commits almost $1bn to private equity
The pension made a host of private equity and real estate commitments in the fourth quarter, and plans on staying active in 2010, said Mansco Perry, Maryland's CIO.
- TCW public-private fund frozen by US government
The departure of TCW’s chief investment officer Jeffrey Gundlach has triggered a key man clause in its PPIP fund, according to the US Treasury.
- RLJ: PPIP will help achieve ‘price discovery’
The founder of RLJ Companies, Robert Johnson, says the US bailout programme will help establish a market price for real estate-related securities – and potentially for banks’ other real estate assets. "It’s not a total panacea but it will help banks that are trying to find market pricing."
- US Treasury selects Angelo Gordon, GE Real Estate for PPIP
The US government has selected nine private investment firms, including Angelo Gordon, GE Real Estate, Oaktree and Invesco to help take real estate loan-backed securities off banks’ balance sheets.
- Oaktree lags other managers on PPIP fundraise
Marathon Asset Management recently held a first close reportedly on $400m for PPIP, leaving Oaktree as the last firm to reach the benchmark.
- Illinois Universities invests $120m in ‘toxic assets’
The US pension is the latest to join the government’s programme meant to jumpstart the credit markets, which CalPERS has said it will not join.