News

Kern County eyes $200m credit spend, expands Albourne mandate

$4bn pension looking for corporate and real estate debt funds to build out new private markets book


Camden considers axing Brevan on Aon concerns

Changes to investment process, outflows and poor performance of multi-strat fund among issues cited by consultant

BlueMountain names new Europe CEO, promotes partners

Louisa Church to maintain Emea client advisory role; distressed and performing credit PMs given global remit



Michigan Uni tops up real estate debt manager

LA-based Calmwater Capital receives $25m boost


Guggenheim beats Bain Capital Credit for Maine Uni mandate

$870m system selects New York firm for 5% bank loan allocation


PivotalPath adds former JP Morgan FoHF chief to board

Joel Katzman joins to assist in company growth as tech-driven consultant launches quant ratings system


Insurers pull $7bn from HFs with exposure down 28%

AIG redemptions worth $4bn represented over half of sector’s year-on-year drop


PRI panel calls for HFs to improve risk analysis through ESG factors

PMs may already be using some criteria in investment research


Canadian pension giant PSP opens London office

‘European hub’ to strengthen regional partnerships for $91.9bn institution


Guggenheim and Bain to face off for bank loan mandate

Board of $870m University of Maine System to hear presentations next week


Willis Towers Watson’s AMX adds Graticule AM, sees assets hit $1.5bn

Fortress macro spin-out joins Wadhwani and Fulcrum on the Asset Management Exchange


Aviva Investors pro joins PineBridge to lead new office

Alain Meyer hired as Switzerland and Austria chief as $80bn firm preps Zurich base


Berkshire County slashes hedge fund allocation further

LGPS was previously a big allocator to the space but has reduced exposure from 19% to 5% in recent years



ICG continues growth with marketing and client relations hire

Chris Hawkins joins London-headquartered manager for newly created US West Coast role


SBCERA to redeem from Oaktree

‘Toehold’ position no longer justified, $9bn California pension says of $70m investment


Florida SBA spends $310m on credit in Q1

$191.1bn scheme writes ‘strategic investments’ tickets to Castlelake, Abry and Metric


Essex County pension reappoints Hymans Robertson

Consultant beat KPMG and Mercer to advise the $7.4bn UK pension scheme


New Mexico starts $300m liquid real assets search

$14.7bn scheme issues RFP for managers trading REITs, MLPs, commodities and other securities