CPPIB invests in one of Europe’s first private CLO-like vehicles
The pension plan's investment is a show of support from one of the world's largest private markets investors for the securities.
The pension plan's investment is a show of support from one of the world's largest private markets investors for the securities.
The funds have relatively small exposure, but unwinding such assets is complex and could mean losses as they are trading at deep discounts and liquidity is scarce.
Pension funding versus liabilities was close to 100% at the end of 2021, for the first time since the financial crisis, according to investment advisory firm Milliman.
The board member says documents have been withheld amid a federal investigation, intensifying the imbroglio at the state school employees’ retirement plan.
The S&P CoreLogic Case-Shiller home price index hasn't yet reflected the impact of the coronavirus, but an independent market maker has some thoughts on how it might.
The state retirement system is looking to dedicate one of every six dollars it manages to direct lending – more than five times the industry average.