Remove 2008 Remove Investment Banking Remove Pension Funds
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Ares Faces Its Biggest Decision Yet: Stick With Private Credit or Become an Alts Supermarket

Private Equity Insights

Question is: Can it become a one-stop shop for pension funds, endowments, insurers, and sovereign wealth funds eager for exposure to every major alternative-asset class — without diminishing its private credit franchise? The attractions of sticking with private credit are obvious. Charles Scharf, the CEO of Wells Fargo & Co.,

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Best Caisse Scenario?

Pension Pulse

It’s late April, and Emond is appearing at a hearing at Quebec’s National Assembly, where parliamentarians are zeroing in on a perceived dilution of the share of assets the Caisse de dépôt et placement du Québec has invested at home, from 26.1% CPP Investments, meanwhile—Canada’s largest pension investor, with the Caisse at No.

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AIMCo CEO Evan Siddall on Shadow Banks and Investing More in Canada

Pension Pulse

AIMCo CEO Evan Siddall wrote an op-ed for the Globe and Mail stating ‘shadow banks’ aren’t a problem for the financial system – they are the solution: During the Great Financial Crisis of 2008-09, society paid a heavy price for having allowed financial institutions to become “too big to fail.”

Banks 59
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OMERS Names New Head of Infrastructure, Exits European Venture Capital

Pension Pulse

Mr. Hill will join OMERS in September, the public pension fund announced Wednesday, and report to Ralph Berg, who took over as the chief investment officer in April. He also spent 25 years in investment banking at Japanese dealer Nomura Securities, German lender Deutsche Bank AG and U.S.-based

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Transcript: Julian Salisbury, GS

The Big Picture

Investment banks were not really a known concept in the area where I grew up. And then I moved back to London at the end of 2008, which was a really interesting pivot. At the end of 2008, we owned a lot of illiquid assets. And there was a problem with 168 of them at the end of 2008. RITHOLTZ: Good timing, yes.

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Are Insurance Companies Safe?

Tucker Advisors

Shortly after The Great Recession began unraveling in 2008, many people feared insurance companies would suffer the same fate as investment banks like Lehman Brothers, Bear Sterns, Wachovia and Washington Mutual. After all, no one could have predicted those banks would fail, either.

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Will OMERS and BCI Drown Along With Thames Water?

Pension Pulse

A similar process was used when the energy supplier Bulb collapsed in 2021 and would amount to a temporary renationalisation that would be the biggest since Royal Bank of Scotland and Lloyds Banking Group were rescued at the height of the global financial crisis in 2008. billion in Canadian funds.