Category Archives: Hedge funds

Mayberry v. KKR: Kentucky Attorney General Shows True Colors, Looks Over-Eager to Settle Pathbreaking Pension Case Rather Than Inconvenience Private Equity Kingpins Blackstone and KKR

Yet more underhanded-looking dealing, this time by the Kentucky Attorney General Daniel Cameron, in the landmark pension case Mayberry v. KKR.

More on the GameStop Short Squeeze: GME Myths Busted

Explaining why some of the nefarious theories about the evil GME short sellers are all wet.

Some Implications of the GameStop Short Squeeze

The seeming success of the GameStop short-slayers could in the long run come at high cost to some of them and most of us.

The Fatuous Uproar About Robinhood and GameStop

The Robinhood contretemps shows how the US confuses a financial casino for productive activity.

More Jockeying on Kentucky Pension Case, Mayberry v. KKR

Mayberry v. KKR may finally be getting to the starting line.

Mayberry v. KKR Is Back as Attorney General Intervention Approved, Beneficiaries’ Counsel Files Third Amended Complaint

The latest on the seemingly never-ending Kentucky Retirement Systems case, Mayberry v. KKR.

To Beat China, US Should Tax Ray Dalio Out of Existence

A recap of the recent China “Bund Summit,” which included discussion of China’s continuing need for foreign capital.

An Indictment of the “Standard Model” for Pension and Endowment Investing

A lucid and daming explanation of why public pension funds and other instutitional investors regularly fall short of popular indexes.

22 Year Study Finds Hedge Fund Managers Collect 64% of Investors’ Gross Returns

Hedge fund managers claw an awful lot in fees out of their investors but the reasons look to be different than for private equity.

Brawl Over Mayberry v. KKR: Big Hearing Monday Over One Contested Issue, Whether Attorney General Can Intervene in Kentucky Retirement Systems Case

The next phase of Mayberry is set to be particularly scrappy as lawyers joust for position.

Mayberry v. KKR Plaintiffs File Amended Complaint, Refuting Standing Issues in Recent Kentucky Supreme Court Decision

Another front opens in the landmark public pension case, Mayberry v. KKR

Pathbreaking Public Pension Case Mayberry v. KKR Is Back From the Dead as Kentucky Attorney General Joins Case

The unexpected resurrection of the pathbreaking pension lawsuit Mayberry v. KKR is a welcome but politically extremely puzzling development.

Misunderstanding Public Pension Fund Implications of Thole v. US Bank and Mayberry v. KKR

How some commentators are misreading two recent court cases on pensions: Thole v. US Bank and Mayberry v. KKR.

New Study Slams Public Pension Funds’ Alternative Investments as Drag on Performance, Identifies CalPERS as One of the Worst “Negative Alphas”; Shows Folly of CalPERS’ Desperate Plan to Increase Private Equity and Debt and Go Bigger Using Leverage

A new paper shows that public pension fund investment in “alts” like real estate and private equity hurt returns and failed to lower risk.