Pennsylvania State Employees’ Retirement System Board Postpones Backing Funds over Diversity Concerns
SERS had been set to commit $125 million to Sentinel
Capital Partners.
SERS had been set to commit $125 million to Sentinel
Capital Partners.
Veteran CIO describes balance needed to work at a
public pension plan.
Sovereign
wealth fund moves quickly to replace former head Petter Johnsen.
Pension
plan sells Calgary producer to PE Firm.
Other
institutions using different approaches or holding off, given drop in bonds.
Canadian pension plan
sees asset under management grow significantly.
Charles
Nielsen takes charge of the $34.8 billion fund after Robert Clark’s departure.
Dustin Johnson, the former world No. 1, and South
Africa’s Louis Oosthuizen are among those who have quit the PGA tour in favor
of the fund’s breakaway series.
Pension fund also approves
commitments to three other funds.
University weighing to invest in 18 managers
discovered during process.