In one of the few things Republicans and Democrats can agree on in North Carolina, the state is adding to its lagging bets on private equity and real estate to pump up its $80 billion public-worker pension fund.
Admiral Capital Group , the private- equity firm of former San Antonio Spurs All-Star David Robinson , entered into a joint venture with United States Automobile Association Real Estate to invest in property.
Admiral Capital Group, a private- equity firm started by former San Antonio Spurs star David Robinson, received $15 million to invest for the Texas Teacher Retirement System under the fund’s emerging managers program.
Japan’s taxpayer , not the nuclear industry or insurers, will cover most of the cleanup cost from the worst accident since Chernobyl, a financial rescue that may spur moves by nations to make companies assume more liability.
Noel Gillespie didn't like what he was seeing. From the bench, the Phoenix Suns assistant coach watched his basketball team easily give up 48 points to the Golden State Warriors halfway through a game last year.