Latin American pension funds are pounding the pavement looking for local infrastructure deals. Rodrigo Amaral reports
US - The Teachers' Retirement System of the State of Illinois (Illinois TRS) plans to hire up to 12 absolute return managers over the next three years as officials move to double its allocation to the asset class.
EUROPE - European pension funds are shunning cash in favour of riskier alternative investments, a survey shows.
US - Blackstone Group LP, the world's biggest private-equity firm, won a $200m commitment for its sixth buyout fund from the Oregon state pension system after agreeing to fee concessions.