CalPERS is trying to pretend it is done with the National Enquirer. A pending sale would still have CalPERS subsidizing the Enquirer’s costs.
Read more...Newspaper unions express fear that Alden Global Capital “is looking to bleed its next chain of newspapers dry.”
Read more...Private equity gets some long overdue scrutiny.
Read more...If you are worried about repo, you are worried about the wrong thing. If anything, it’s a symptom of too much liquidity demand from the FX swaps market.
Read more...GSE reform is baack! Or not.
Read more...Some funny-looking business with CalPERS desire to be rid of National Enquirer’s parent, American Media.
Read more...Shares of one fund plunged 22% on Friday. Other funds under pressure, raising serious questions about just how liquid “equity funds” in the UK are.
Read more...A hard look at Deutsche’s restructuring plan reveals a lot not to like
Read more...Surprise bills don’t just come from the emergency room. Often, patients will pick an in-network facility and see a provider who works there but isn’t employed by the hospital.
Read more...The World Bank has successfully promoted its ‘Maximizing Finance for Development’ (MFD) strategy by embracing the United Nations’ Sustainable Development Goals, internationally endorsed in September 2015.
Read more...McKinsey would have you believe it is covering itself in glory in Puerto Rico. A New York Magazine story suggests otherwise.
Read more...The Los Angeles Times tells the story of a CalPERS investment misfire to maximize the outrage factor, and does taxpayers a huge disservice by missing who the real perps were (mind you, not to say that CalPERS isn’t too easy a mark….)
Read more...Even endowments, the supposed best of best among diversified investors, are finding that their old alternative investment mojo isn’t working these days.
Read more...Putting CalPERS under the hot lights for its questionable private equity plans.
Read more...An important fiduciary duty lawsuit against some of the biggest names in the hedge fund and private equity worlds is moving forward. If the plaintiffs win, it could change the balance of power between investors and fund managers.
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