Pension Pulse

MAY 2, 2024

In 2012 when I came to the fund, we had invested four percent of our portfolio in private equity,” CIO Marcus Frampton said. “We Meanwhile, fellow major pension funds, including CalPERS, continued to bolster the assets they were putting to work in the private markets. The first time they had access to Sequoia’s U.S.

Pension Funds 59

Pension Funds Hedge Funds Buyout Due Diligence 59

Pension Pulse

MAY 8, 2023

Blackstone told us "extensive pre-investment due diligence showed PSSI had industry-leading hiring compliance." But it seems, that diligence failed to find what was obvious to investigators watching a shift change in a parking lot. No pension fund wants to invest in private companies that abuse immigrant children.

Due Diligence 52

Due Diligence Pension Funds Education Mutual Funds 52

The Big Picture

APRIL 11, 2023

And then in 2012, I think Berkshire Hathaway initiated its buybacks with a cap, which is, you know, that they will do buybacks as long as the price was less than intrinsic value. DAMODARAN: Or it could be some unique characteristic, pension funds pay no taxes. DAMODARAN: We’re going to do our due diligence.

Education 119

Education Finance Financing Taxes 119

Pension Pulse

NOVEMBER 10, 2023

billion in 2012: The deal puts the overall value of MLSE at $8 billion — a significant increase from when Bell Canada and Rogers Communications bought a 75 per cent stake in the company from the Ontario Teachers Pension Plan for $1.32 billion in 2012. The executive summary and full paper are available here. This needs to change.

Investing 59

Investing Buyout Stakes Assets 59