It has been an eventful week, and it's easy to fall behind. Here are the 10 most important reads of the week.

Will New Investment Vehicles Create More Problems Than They Solve? | Exclusive Q&A With CIO Dhvani Shah, Illinois Municipal Retirement Fund. Dhvani Shah is the chief investment officer of Illinois Municipal Retirement Fund (IMRF), a pension fund with $34.9 billion assets under management. In this interview, Shah discusses IMRF’s approach in selecting these funds and the pension fund’s strategy to stand out in increasingly saturated private markets.

Here's What Happens To Endowments When Colleges Close. In 2016, 763 higher-education institutions closed, including for-profit schools, according to the U.S. Department of Education. Attorneys general will have to navigate legal thickets to dispose of relatively tiny sums as small colleges close at rates more than three times higher than before the recession.

When Single-Family Office Consortiums Create Their Own Investment Funds. Single-family office consortiums are in a small corner of the single-family office universe. These consortiums are proving to be very capable investors by leveraging their connections, expertise, and vast wealth. Many of them are formalizing their relationships by establishing investment funds.

Behind The Bridgewater Shakeup: Ray Dalio's Unusual Culture. Ray Dalio says he's not everyone's idea of a great boss. But Dalio, founder of Bridgewater Associates, is starting to look like the Steve Jobs of hedge funds: exacting, infuriating and -- there's no way to sugarcoat it -- kind of odd.

Colorado PERA Appoints New CIO. After conducting a nationwide search to fill the CIO position prior to the retirement of Jennifer Paquette in February, Executive Director Gregory W. Smith named former PERA Deputy Chief Investment Officer as CIO.

A CIO's 'Trial By Fire' Experience | Exclusive Q&A With Scott Simon, Fire & Police Pension Association of Colorado. Scott Simon is chief investment officer at Fire & Police Pension Association of Colorado. In this interview, Simon discusses the pension fund’s fully funded status, his “trial by fire” working through the recession and the logic behind the institution’s governance and team structures.

SoftBank CEO To Help Humans Avoid The AI Apocalypse, Live In Harmony With Robots. For several months now, SoftBank CEO Masayoshi Son has been trying to explain how his vision of the future has driven him to make some audacious bets.

Warren Buffett’s Inappropriate Remark In Describing Logic Behind A $140B Takeover Bid. Warren Buffett made an inappropriate remark about women while attempting to describe the logic behind Kraft Heinz's recent takeover bid for Unilever.

4 VCs Who Blew Their Shot At Investing In Snapchat. Here are the cringe-worthy stories of four VCs who missed out on a really, really big payday.

8 Trends Shaping The Boom In US Venture Capital. In its latest annual report, the National Venture Capital Association offers a data-driven picture of how just how quickly the industry has grown and looks at some important ways it has evolved. Here are eight of the most interesting data points from that report.