Category Archives: Investment management

Financial Markets Have Taken Over the Economy. To Prevent Another Crisis, They Must Be Brought to Heel.

A detailed and well-argued explanation of how the growth in the role of financial markets has become destructive.

Read more...

Lawsuit Against Blackstone, KKR/Prisma, PAAMCO, Kentucky Retirement System, and Others Has Major Implications for Public Pension Funds

A case filed at the end of last year, Mayberry v. KKR, hasn’t gotten the attention it warrants. The suit, which we’ve embedded at the end of this post, was filed on behalf of the beneficiaries of Kentucky Retirement Systems (KRS), the state’s public pension fund and its taxpayers, against Blackstone, KKR/Prisma, and PAAMCO for […]

Read more...

Incoming Board Member Margaret Brown Criticizes CalPERS’ Plan to Hurt Beneficiaries by Hiring Unnecessary, High-Priced Private Equity Middlemen; CalPERS Violates Open Meeting Rules by Advancing Plan in Secret

Incoming CalPERS board member Margaret Brown dishes out some straight talk on where the giant pension fund needs to shape up.

Read more...