The unexpected resurrection of the pathbreaking pension lawsuit Mayberry v. KKR is a welcome but politically extremely puzzling development.
Read more...How some commentators are misreading two recent court cases on pensions: Thole v. US Bank and Mayberry v. KKR.
Read more...A new paper shows that public pension fund investment in “alts” like real estate and private equity hurt returns and failed to lower risk.
Read more...This Oakland Institute study documents how the neoliberal project proceeds, with US interests pushing to privatize land in the Global South.
Read more...A major story on the CLOs chooses not to address the key questions.
Read more...Thousands of the inhabitants of Puerto Rico still huddle in outdoor shelters, and FEMA has yet to approve assisted rent to relocate people.
Read more...Private equity is moving in a big way into elder and child care services in the UK. Patients and parents beware.
Read more...Tucker Carlson takes on the feared vulture capitalist Paul Singer as an examplar of how hedge funds are destroying American communities.
Read more...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.
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