University of Maine System, Orono, approved the termination of the Capital Group-issued American Funds Europacific Growth Fund from its $2 billion employee defined contribution plan line up.

The Atlanta-based university was the first known higher education institution to invest in a spot bitcoin ETF following the release of its 13F filing for the quarter ended Sept. 30.

Bond fund changes highlight corporate 401 (k) plan investment decisions in 2024, as plan sponsors take a closer look at funds in the changing interest rate environment, consultants say.

BCI’s $33.6 billion private equity portfolio is split between funds, co-investments and direct investments, according to its latest annual report.

The industry’s largest alternatives managers —Apollo Global Management, BlackRock, Blackstone, Blue Owl Capital, Carlyle Group, Goldman Sachs and KKR — are eyeing a more than $12 trillion opportunity: ...