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Nearly flat investment returns of 1.8 percent at CalSTRS reflect the highly volatile and challenging global markets of the 2011-12 fiscal year. The return rate is well below the actuarial assumed rate of 7.5 percent and 150 basis points below the policy benchmark, the fund’s performance measuring stick. The CalSTRS Investment Portfolio’s market value for […]

Huron Capital has sold its interest in Labstat International through its holding company, Apex Laboratories International, in a transaction that returned over 6 times its original investment. Apex was acquired by Alaris Royalty Corp., a Canadian private investment firm, and Labstat management. Labstat is an independent laboratory measuring chemical emissions from tobacco smoke and smokeless […]

The presidential election thrust the private equity industry into the spotlight, but often lost in the discourse are the superior returns private equity delivers to public pensions, university endowments and charitable foundations. The Private Equity Growth Capital Council (PEGCC) released a new analysis today, highlighting returns provided by private equity investments compared to the S&P […]

In May, the Deloitte Consumer Spending Index posted its first three-month increase since September 2010. The Index tracks consumer cash flow as an indicator of future consumer spending. “The Index’s increase is due to an ongoing slowdown in declining new home prices, plus a small uptick in real wages as falling energy prices give consumers […]

Dresner Partners, a middle-market investment bank, is expanding its East Coast presence by establishing an office in New York City.”Establishing a New York office is a necessary step to support our investment banking professionals that are working with clients in the region,” said Steven Dresner, President of Dresner Partners. “In addition, as a member of […]