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Arkansas Teachers assigns $150 million to real estate, infrastructure

Arkansas Teachers assigns $150 million to real estate, infrastructure Arkansas Teachers assigns $150 million to real estate, infrastructure Print Arkansas Teacher Retirement System, Little Rock, agreed to commit $150 million to three private equity funds, confirmed Rod Graves, deputy director of the $20.7 billion pension fund, in an email. At its June 7 meeting, the board voted to commit up to $50 million apiece to KKR Diversified Core Infrastructure Fund, an open-end infrastructure fund managed by KKR & Co.; Carlyle Realty Partners IX, a value-added real estate fund managed by Carlyle Group; and GLP Capital Partners IV, a value-added open-end real estate fund, specializing in distribution and logistics companies with imminent need.

Raytheon Technologies Joins Crowd of Investors Suing Allianz

Raytheon Technologies’ corporate pension fund is the latest of a bevy of retirement plans to sue Allianz over alleged mismanagement of certain structured product investments.   Raytheon s complaint, filed on Friday, alleges that it lost about 75 percent of its $375 million investment with Allianz losses that “far exceed” what it would have lost if Allianz “prudently” managed the investment strategy.   Raytheon joins several other pension funds that have already sued Allianz over the alleged mismanagement, including the Blue Cross Blue Shield Association National Employee Benefits Committee, the Teamster Members Retirement Plan, and Lehigh University, among several others.   “As we set out at the time, the Structured Alpha portfolio sustained losses during the severe market rout in late February and March,” an Allianz spokesperson said via email Tuesday. “While the losses were disappointing, the allegations made by Raytheon Technologies Corporation Pension A

Bank stocks drop on hedge fund fears; Deutsche extends Sewing s contract

Bank stocks drop on hedge fund fears; Deutsche extends Sewing s contract
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

In Goldman securities case, US Supreme Court wrestles over investor class actions

In Goldman securities case, US Supreme Court wrestles over investor class actions
channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.

In Goldman securities case, U S Supreme Court wrestles over investor class actions

In Goldman securities case, U S Supreme Court wrestles over investor class actions
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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