The SEC signaled that it will allow fund managers to offer ETF dual-share classes of existing mutual funds starting in late October.
Robert “Vince” Smith will retire as deputy state investment officer and chief investment officer of the New Mexico State Investment Council.
In private credit alone, there's “a lot of high-quality opportunities” for smaller managers with smaller funds and smaller deal sizes, said Attucks Asset Management's Karen Mair.
After taking the lead at Brookfield’s buyout unit last year, Anuj Ranjan pledged to triple the unit’s fee-bearing assets in the next five years.
Moves by private credit giants to muscle into lending to blue-chip firms took center stage at a gathering of executives in Paris this week, given the potential to propel the industry’s future growth.
The SEC will engage in a “spring cleaning” of its disclosure rules and solicit comments on scaling back public companies’ reporting Chair Atkins said.
While “these are turbulent times,” Steven Meier, chief investment officer of the $315 billion New York City Retirement Systems, noted now is a time to be care, cautious and aware of risks.
Norges Bank Investment Management, the in-house manager of the world’s largest sovereign wealth fund, committed $1.5 billion to Brookfield Asset Management’s latest energy transition fund.
David Solomon, chair and CEO of Goldman Sachs Group, said he supports expanding retail investors’ access to the private markets but expects bumps.
UTIMCO set a new 7% distribution target, cutting private market commitments by 10% annually while defending private equity’s role and reporting a 10% fiscal-year return.