EUROPE - Park Square Capital has raised €850m ($1.2bn), primarily from institutional investors including pension funds, for its mezzanine fund PSC Fund II, the firm said.
Park Square Capital has raised €850m (£742m), primarily from institutional investors including pension funds, for its mezzanine fund PSC Fund II, the firm says
US - The New York State Common Retirement Fund (CRF) has terminated Insight Capital Research & Management from a $21m domestic equity portfolio, the pension fund said.
Signatories to the United Nations Principals for Responsible Investment will now have to pay fees in order to participate.
GLOBAL - Signatories to the United Nations Principals for Responsible Investments (UNPRI) will now have to pay fees in order to participate.
US - The Pension Benefit Guaranty Corp. has sold $594m of shares in Delphi back to the company but the impact of the deal on Delphi's pension benefits remains uncertain, the PBGC said.
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
US - BlackRock will join the ranks of the 500 largest companies in the US and be added to the S&P500 index.
Towers Watson, LV=Asset Management, Future Fund, PGGM, Aegon, Hermes, Sandler O'Neill & Partners