Data Explorers says that the overwhelming appetite of US lenders for cash as collateral explains much of their poor experience in the aftermath of the collapse of Lehman Brothers.

SEC alleged today that private equity firm Quadrangle Group LLC and Quadrangle GP Investors II, L.P. has secured a $100 million investment from the New York State Common Retirement Fund.

Pensions in the public sector must shift from unsustainable 'final salary' models to a more affordable system.

(CalPERS) says it intends to alter the way it pays hedge fund managers for performance and switch hedge fund investments into managed accounts.