After building the Illinois Police Officers' Pension Investment Fund from scratch since joining in May 2021 as the plan’s debut investment chief, Kent Custer is ready to make sizeable investments in ...

The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge Investments this week. MetLife Investment Management is purchasing ...

For the better part of the past decade, Michael Green has been on a mission. From talking to money managers to making the rounds of hedge fund idea dinners to attending conferences geared to everyone ...

Despite software-as-a-service making a (modest) comeback, investors are still struggling to determine the value of these pre-AI software companies that dominated venture portfolios before the AI boom.

A number of Tiger Cubs and other tech-focused hedge funds are enjoying strong years. But none of them comes close to the gargantuan gains generated by Flight Deck Capital.The tech-focused hedge fund ...

MSCI bought a minority stake of Burgiss Group in 2020. Now, it’s buying the remaining 66 percent of the private markets data company for $697 million in cash — a price Morningstar says was expensive ...

Anton Orlich has been promoted to deputy chief investment officer for private markets for the California Public Employees’ Retirement System, the $621 billion pension plan announced. Orlich confirmed ...

Asset managers aren’t investing as aggressively in artificial intelligence as the hype might suggest. Despite the talk surrounding AI’s ubiquity and inevitability, new research from the Thinking Ahead ...

In a massive win for its outsourced chief investment officer unit, Goldman Sachs is lifting out UPS’s $43.4 billion pension portfolio — and the team that manages it. On Thursday the asset management ...

With investors still giddy over SpaceX’s historic initial public offering and Anthropic’s upcoming IPO, many hedge funds are also looking ahead to a potential third: OpenAI. Last week, the maker of ...

Traditional and alternative asset management are becoming less black and white as more insurers and high-net-worth investors seek integrated, total portfolio solutions that blend public and private ...

Jay Kahn is having a standout year as founder of Flight Deck Capital. The tech-focused hedge fund posted another outsized gain in May, surging 19.6 percent. It is now up 90.31 percent for the year, ...