The pension’s overall annual return of 4.5 percent – its lowest return in five years – was boosted by alternatives. Teachers’ annual report said real estate was the highest performing asset class returning 14.7 percent.
3 min read · 12 January 2013
The former CEO of Credit Suisse asset management, David Blumer, will be replaced by Rob Sharif after taking up a new role as head of financial markets at Swiss Re.
2 min read · 12 January 2013
The pension’s lowest annual return for five years was boosted by alternatives, despite private equity returns falling by almost two-thirds. Teachers’ also faces a $587 million break-up fee if the BCE transaction fails to close.
3 min read · 12 January 2013
How are LPs in the West approaching the Chinese market? Jennifer Harris tests the waters.
7 min read · 12 January 2013
The continuing flow of capital that is being attracted by even the larger private equity funds appears to have put paid to any notion that investors in the asset class would opt out at a time when market conditions have become more challenging. However, the jury is out on whether the fundraising momentum will be sustained once the effects of any downturn can be more clearly seen. Andy Thomson reports.
8 min read · 12 January 2013
The firm has invested or committed most of the funds it raised in its initial public offering in April last year, ahead of its two year target to invest the money.
2 min read · 12 January 2013
Amid significant turnover, former vice president of private equity Jane Mendillo will return to the world's largest university endowment after leaving the Crimson for Wellesley College in 2002.
2 min read · 12 January 2013
A report from PricewaterhouseCoopers describes an increased LP appetite for real estate, particularly in Asia, but also warns that one-fifth of investors are looking to decrease their exposure to the asset class amid a shrunken asset base.
2 min read · 12 January 2013
A report from PricewaterhouseCoopers describes an increased LP appetite for all alternative asset classes, with private equity and real estate leading the charge.
2 min read · 12 January 2013
The Swiss alternative asset manager‘s executive chairman Alfred Gantner said 'the time is back when you’ve got to invest'.
2 min read · 12 January 2013