US/EUROPE - US Treasury secretary Timothy Geithner has written to four European finance ministers urging them not to discriminate against foreign players in the alternative investment space as they continue negotiations on the Alternative Investment Fund...

US - Morgan Stanley is set to create a team dedicated to cover institutional investors in the US, according to an internal memo.

US - Close to US$14bn of contributions will need to be paid into the pension funds of General Motors and Chrysler within the next five years, according to estimates from the Government Accountability Office (GAO).

CANADA - The Ontario Teachers' Pension Plan (OTPP) is facing a C$17.1bn (US$17.04bn) funding shortfall despite outperforming its benchmark and generating a 13% return in 2009.

US Treasury secretary Timothy Geithner has written to four European finance ministers urging them not to discriminate against foreign players in the alternative investment space as they continue negotiations on the Alternative Investment Fund Manager...

IRELAND - Irish managed pension funds continued to benefit from investor enthusiasm for global stocks over the three months to the end of March, according to a survey.

US - The funding level of the three largest Californian pension funds has so far been understated due to the accounting rules used, a study by the Stanford Institute for Economic Policy Research (SIEPR) revealed.

CANADA - A consortium led by the Ontario Teachers' Pension Plan (OTPP) has bought US aluminium container manufacturer Exal Group.

US - Two congressional groups have requested the US federal government and General Motors (GM) provide information on Delphi Corporation's salaried retirees that "has been requested numerous times and ignored as many times".

GLOBAL - The global private equity industry raised US$50.4bn in the first quarter of 2010, representing a 5% improvement from the last quarter of 2009, the latest report by Preqin revealed.