Darcy Song

When Blue Owl Capital came under sustained media pressure over redemptions to its private credit funds, Michael Hitchcock, chief executive of the South Carolina Retirement System Investment Commission (RSIC), didn’t waver. He thinks that what allocators learn from their managers in a period of crisis tells them more than any official due diligence could.

The path of US inflation hinges on the future of the Federal Reserve, with leading Harvard economist and former Obama administration Council of Economic Advisers chair Jason Furman warning that another variable for inflation is whether the central bank can remain independent.

Trustee of Massachusetts PRIM and state Treasurer Deborah Goldberg said investing with a stewardship and sustainability-conscious approach remains “common sense” for the $116 billion fund, though she said it has been harder for the investor to access some ESG-related information from managers and companies.

In a fireside chat at FIS Harvard, Blue Owl co-founder Doug Ostrover said the fast-growing alternatives shop won’t expand “just for the sake of hubris” as it pursues market leadership through a tightly defined set of offerings. He also unpacked the recent redemption pressure the firm was under and how it plans to move past it.

CalPERS chief investment officer Stephen Gilmore said the $650 billion fund’s upcoming shift to a total portfolio approach will sharpen investment accountability and help it focus capital allocation decisions on fund-level objectives.

Impact investing has come a long way in the past two decades, going from a niche strategy to a $1.5 trillion industry, but there are still challenges for it to reach institutional scale due to the lack of products and insufficient evidence of outperformance in some parts of the market.

The School Employees Retirement System of Ohio (SERS) was established in 1937 with the mission to provide its membership with valuable lifetime pension benefit programs and services. SERS is a defined benefit public pension plan. This means that SERS provides a specific, lifetime pension benefit based on a member's age, amount of service credit, and average of the member's highest three years of salary

The BCSSS is one of the largest occupational pension schemes in the UK, providing benefits for over 45,000 pensioners and deferred members. In 1994 the Scheme was closed following the privatisation of the industry.

When Australian superannuation funds-backed IFM Investors began exporting their infrastructure investment model to the US in the 1990s, Monte Tarbox was the first person they hired on the ground.

The New York City Board of Education Retirement System (BERS) was founded on August 31, 1921 to provide retirement benefits for civil service employees permanently employed by the City and School District of New York other than those who may retire under the provisions of other retirement laws. BERS has since expanded to include other employees, such as provisional and part-time employees of the Department of Education (DOE) and other covered employers. The System's assets are invested in two investment programs. These are the fixed return fund, which is managed by BERS, and the variable return fund, consisting primarily of equity securities, which is managed by the Teachers' Retirement System (“TRS”)