Howard Bicker, the head of Minnesota Retirement Fund, announced his retirement, leaving the agency in search of a replacement.
Pension funds
South Korea Pension Fund increases stake in local firms as it eases disclosure requirement
The National Pension Service of South Korea increased its stake in six local companies as the government lengthened disclosure times for share purchases over 10%.
Neiman Marcus nearing deal of over USD6 billion exit deal with PE firms- report
According to sources who told Wall Street Journal, Neiman Marcus would be wrapping its over USD6 billion exit deal with Ares Management LLP and the Canada Pension Plan Investment Board soon.
IBM moves retirees pension plan to health exchange
To cut costs, which is expected to triple by 2020, IBM has moved its retiree pension plan to a health exchange for lower risk and costs.
Appeals court rules in favor of National Credit Union Administration for MBS claims
The US Court of Appeals in Denver ruled for the National Credit Union Administration and allowed it to use the extender statute to pursue its claims against big banks regarding MBS.
Latest News
Unitech stated that it is mulling deals from at least two international private equity firms for its 3.6 million square feet special economic zone property in Gurgaon.
The Indian finance head attempted to gather support from opposition leaders for the passing of insurance and pension sector bills.
Sanlam, South Africa's leading life insurer, shells out US $24 million in favor of First Strut.
US-based College Retirement Equities Fund acquired 64.64 lahk shared in Dish TV India priced at Rs49.25 per share piece.
Isagen Energia Productiva, the Andean nation's third-largest electricity generator, is set to raise funding from an initial public offering.
Germany-based kfW announced its acquisition of a 30% share in Invest India. German company KfW acquired a 30% stake in Invest India Micro Pension Services for US $3.
Bankruptcy court judge suspends charges made by employees and pension holders to bring focus of the case back into Detroit courtroom.
NYC Public Pension Funds seeks to create more partnerships even after it had pledged around US $1 billion to CVC Capital Partners and Apollo Global Management.
New York City Pension pledges US$ 500 million each to Apollo Global Management and CVC Capital New York City Public Pension Funds acquired their largest commitments to date to private equity via marquee funds From CVC Capital Partners and Apollo Global Management.
