Allocators have selected Ken Lee of Children’s Health as the chief investment officer of the year. Institutional Investor honored Lee and his peers at the sixth annual Allocators’ Choice Awards in New ...

Companies that manage investments for their pension plans in-house face a thankless job. The costs are high, the profits are low, and the rewards are limited. So Nokia USA shed its in-house pension ...

When Kathleen Vogelsang was tasked with building the Van Andel Institute’s investment office from the ground up in 2005, she had a desk, a computer, and $465 million in cash. Twenty years later, she’s ...

KKR & Co. is deepening private equity inroads into the world of individual investors. KKR, co-founded by Henry Kravis in 1976, announced Wednesday that it has invested in iCapital Network and that ...

Biotech doesn’t typically fail in the lab. It fails later — after early promise and before approval — when the cost of proving a drug works comes up against a funding system built for an earlier stage ...

Greenlight Capital mostly missed the stock market’s powerful April rally. The hedge fund headed by David Einhorn rose just 60 basis points, or 0.6 percent, last month, extending its gain for the year ...

A brutal selloff of public business development companies has left investors struggling with a stark question: Are steep discounts signaling that a wave of defaults is coming or has fear run ahead of ...

Bank of New York Mellon Corp.?tops Institutional Investor’s roster of the World’s ¬Largest Global Custodians for a fourth consecutive year, having increased its assets under custody and administration ...