State Street

Most institutional investors plan to maintain their private market exposure despite interest rates, with private equity seen attracting the most allocations, State Street research shows.

Steven Meier has been appointed chief investment officer for the New York City Retirement System (NYCRS) and deputy comptroller for asset management by New York City Comptroller Brad Lander. Meier will begin the role on August 1. Meier is a ...

Former Goldman Sachs funds services exec Jesse Cole was appointed as global head of State Street Corp.’s Private Markets segment. Cole has been charged with defining and executing State Street’s global strategy for private markets and will work closing with ...

BNY Mellon is growing its asset servicing business with the hiring in London of Kay Hayre, who joins from her role as a managing director at State Street. She joins as co-head of investment manager sales and will partner with ...

Neal Chansky and Amos Rogers started the New Year at BNY Mellon’s Asset Servicing Business with an aim of serving a growing client base. “The asset servicing industry is rapidly evolving and clients are looking for ways to win and ...

More than a third of institutional investors are planning increased allocations to private credit, according to recent survey results from State Street Corp. The custodial bank surveyed 250 investment professionals at pension funds, endowments, insurance companies, sovereign wealth funds and ...

Bain & Company found that the global private equity market capped off its best six-year stretch on record in 2019, according to the firm’s 11th annual report on the industry. The survey results were announced at the Super Return International ...

When Willis Towers Watson set up the Asset Management Exchange (AMX) in 2017, the concept of an alternative investment manager platform was more buzz than reality. Since then, the exchange has attracted managers and strategies across the institutional asset management ...

State Street formed a new partnership with iCapital Network so as to link State Street’s transfer agency and private market administration capabilities with iCapital’s technology and distribution network, enhancing the offering and servicing of U.S. registered funds. The partnership will ...