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Kansas Public Employees commits to Northern Europe buyout fund
trueKansas Public Employees Retirement System committed about $121 million total to two alternatives funds.
Carlyle closes first international energy fund at $2.5 billion
trueThe Carlyle Group announced Friday the closing of its first international energy fund, Carlyle International Energy Partners, at $2.5 billion, a news release said.
RBC Investor & Treasury snags J.P. Morgan executive for sales role
trueFrancis Jackson will join RBC Investor & Treasury Services in a senior sales role.
2 ETFs help WisdomTree exceed $50 billion in assets
trueTwo exchange-traded funds are leading New York-based ETF manager WisdomTree Investments Inc. to experience significant growth.
Cordea Savills to acquire SEB Asset Management
trueCordea Savills, a London-based real estate investment manager, will acquire Frankfurt-based SEB Asset Management for up to €21.5 million ($23.3 million), pending regulatory approvals.
Tail hedging review
trueSince the start of 2014, we have witnessed increasing interest in tail hedging with large global institutions looking to develop tail hedge mandates. Recent bouts of turbulence since October 2014 have intensified that interest, especially since volatility levels have continued to fluctuate rapidly, ...
Norway's Government Pension Fund Global returns 7.6% in 2014
trueNorway's Government Pension Fund Global, Oslo, returned 7.6% in 2014.
European Commission to review OTC regulations for pension funds
trueThe European Commission will review legislation that could force pension funds to centrally clear over-the-counter derivatives transactions.
IASB chairman: Hybrid retirement plans need new accounting standards
trueThe increased number of retirement plans that take a hybrid approach has led to the launch of a research project by the International Accounting Standards Board into the development of new accounting standards.
CalPERS makes Blackstone co-investment; invests $764 million with TOBAM
trueCalPERS made a $100 million co-investment alongside the Blackstone Tactical Opportunities Fund, a separate account set up by Blackstone Group for the $296.6 billion pension fund. Separately, the fund is graduating TOBAM from its manager development program and giving the firm $764 million to manage in an expanded global equity strategy.
ERAFP picks 3 managers for socially responsible bond portfolio
trueEtablissement de Retraite Additionnelle de la Fonction Publique, Paris, hired three active managers to run a total €2.5 billion ($2.8 billion) in a euro-denominated socially responsible investing bonds portfolio.
Norges Bank adds $1 billion in China QFII quota, lifting total to $2.5 billion
trueChina’s State Administration of Foreign Exchange awarded Norges Bank Investment Management an additional $1 billion in quota capacity to invest in China’s domestic capital markets under its qualified foreign institutional investor program.
BlackRock hires head of EMEA hedge fund strategies
trueLuke Dixon joined BlackRock as head of Europe, Middle East and Africa hedge fund investment strategies.
Allianz reports 144.8 billion euros in net outflows at PIMCO in fourth quarter
trueAssets under management at Allianz's money management arm decreased 3.8% to €1.8 trillion ($2 trillion) in the quarter ended Dec. 31, but were up 1.8% for the year, despite continued outflows following former PIMCO Chief Investment Officer William H. Gross' September departure.
BlackRock adds managing director to European real estate business
trueThomas Muller joined BlackRock as managing director and portfolio manager within its European real estate business.