Duke Alumni round-up: Shinseki resigns from VA, Steel takes C.E.O. position
Eric Shinseki, Graduate School '76 and Secretary of Veterans Affairs, resigned Friday amid a growing scandal regarding veterans' treatment at VA hospitals. Meanwhile, Robert Steel—Trinity '73 and former chair of the Board of Trustees—announced that he will become C.E.O. of boutique investment bank Perella Weinberg Partners.
The University of North Carolina Wilmington Is Looking for an Outsourced CIO
Investment committee members and other Board participants recommended issuing a Request for Proposal for outsourced Chief Investment Officer (CIO) services with full discretion.
Boone Man Convicted In Precious Metals Investment Scheme
The indictment charged Schlecht and others with conspiracy to commit fraud through their operation of three corporations, Global Bullion Trading Group, Inc., WJS Funding, Inc., d/b/a Capital Asset Ma...
North Carolina's $83 billion Pension Fund to be Restructured
State Treasurer Janet Cowell announced Thursday the creation of an independent, bipartisan commission to review the state's governance structure for investment management....
NC increases bets on private equity and real estate to boost state pension returns | Economy
In one of the few things Republicans and Democrats can agree on in North Carolina, the state is adding to its lagging bets on private equity and real estate to pump up its $80 billion public-worker pe...
North Carolina Retirement Systems OKs Private Equity
With plans to place its asset allocation changes on hold until November, the North Carolina Retirement Systems (NCRS) heard that nearly $500 million in private equity commitments were completed since ...
NC treasurer touts pension fund investment vehicle
The official responsible for overseeing $80 billion in pension funds for North Carolina employees and teachers is touting a plan that invests in companies with state ties....
Increased Alternative Allocation Approaches for North Carolina Retirement Systems
The $81.1 billion North Carolina Retirement Systems may have the ability to grow allocation in alternative investments like private equity, hedge funds, credit investments and institutional real estate...
More pension flexibility for NC treasurer approved
A House panel has narrowly agreed to give State Treasurer Janet Cowell more flexibility in investing North Carolina public employee pension funds that she says is needed to meet return rates so retire...
N.C. Treasurer Cowell wants more flexibility to invest pension fund | CharlotteObserver.com
State Treasurer Janet Cowell is urging lawmakers to give her more flexibility to invest the state’s pension money, warning that it is “very unlikely” returns for the retirement fund wil...