Andrew Hedlund
The Dallas Police & Fire Pension System attributed its 12.6 percent loss to private equity and real estate investments.
The Visalia, California, pension fund ruled out a White Oak Advisor-PIMCO bid.
The Seattle-based firm will put money into alternative yields and opportunistic investments with a majority of the portfolio’s capital going to Europe.
Corona Asset Management made its first purchase in an auction geared toward minority- and women-owned businesses.
The distressed investing giant has billions of dollars yet to be deployed once credit markets go south.
The New York-based private equity company brought on three former NewStar Financial employees to work on the effort.
The BDC will sell 6.3m new shares along with a warrant for more than 900,000 extra common shares.
The manager will not look at real estate and infrastructure sectors in India for now.
The Dallas Police and Fire Pension System’s chief investment officer resigned after about a year on the job.
The London-headquartered firm has executed 15 deals since November.