The Other Morgan Stanley

From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Wall Street is under fire for bad risk management. So why is Morgan Stanley’s defined benefit pension, of all things, so good at it?

Texas Public Pension Turns to Private Equity Giants KKR, Apollo

In the latest example of institutional investors turning to large private equity firms for their expertise in more complex investments, Kohlberg Kravis Roberts (KKR) and Apollo Global Management are set to manage $6 billion for the Teacher Retirement System of Texas' (TRS).