Private equity funds posted a return of just 0.65% in the three months to the end of June this year, State Street research reveals.
UK - The Pension Protection Fund (PPF) has recruited seven private equity secondary managers to a panel for potential future investment.
GLOBAL - The number of schemes awarding managers bond mandates increased by over 50% in 2009, Towers Watson said.
The number of schemes awarding managers bond mandates increased by more than 50% in 2009, Towers Watson says.
Russell Investments has sold Pantheon Ventures, its $22bn (£14.1bn) private equity fund of funds manager, to Affiliated Managers Group for around $775m (£500m).
US/UK - Russell Investments has sold Pantheon Ventures, its US$22bn private equity fund of funds manager, to Affiliated Managers Group for around $775m.