Three of New York’s pension systems should drop or rebid asset managers — including BlackRock — running more than $43 billion in investments following an evaluation of decarbonization plans, NYC Comptroller Brad Lander recommended.
Three of New York’s pension systems should drop or rebid asset managers — including BlackRock — running more than $43 billion in investments following an evaluation of decarbonization plans, NYC Comptroller Brad Lander recommended.
North Carolina treasurer building a ‘new asset management firm’ to replace sole trustee pension fund model
North Carolina Treasurer Brad Briner is working to establish a board of trustees overseeing the state’s pension system, which will take over Jan. 1.
BlackRock looks to double Saudi investments in fresh deal boom
BlackRock aims to rapidly grow its investments in Saudi Arabia and the wider Middle East in the next few years as it looks to tap into a rush of activity in areas from infrastructure to artificial intelligence.
Middle-market private credit defaults set to rise in 2026, KBRA says
The report is based on KBRA’s data from 2,287 unique global middle market-sponsored borrowers.
Apollo CEO moves to bust private credit risk myths
Fears over private credit amid the increased democratization of the asset class are overblown, alternatives giant Apollo’s CEO Marc Rowan said.