Tag: Institutional Investors

Leading Institutional Investors Urge SEC to Take Action in Private Equity Market | Publications and Presentations | Arnold & Porter

On February 12, 2019, the Institutional Limited Partners Association (ILPA) submitted a letter to the Securities and Exchange Commission (SEC) asking the SEC to take certain steps to ensure that investment advisers in the private equity market are subject to fiduciary duty requirements. The SEC has recently focused on devising a comprehensive interpretation of the fiduciary duties that investment advisers…

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Pension funds don’t really value right to sue for fraud – new study — On the Case

But a forthcoming paper in the Journal of Legal Studies by a Berkeley law professor says that pension funds don’t seem to be putting their money where their mouths are. According to study author Robert Bartlett, there’s an apparent gap between institutional investors’ adamant advocacy for shareholder class actions and their actual trading decisions. via Pension funds don’t really value…

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Institutional-Grade Lawsuits: Fewer Dismissals, Larger Settlements — Asset International

Securities class action lawsuits have a better chance of going the distance with judges when they are led by institutional investors, a study has found. Between 1996 and 2010, judges dismissed 35% of cases led or co-led by an institutional investor, and 42% that weren’t. Stanford University’s law school and New York-based Cornerstone Research collaborated on the data as part…

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