Pension Pulse

OCTOBER 23, 2024

Silas Brown and Kat Hidalgo of Bloomberg report Florida pension to offload up to $4 billion of private credit: The Florida State Board of Administration is looking to sell a bundle of private credit stakes worth as much as $4 billion in what would be one of the largest deals of its kind, according to people with knowledge of the matter.

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This is going to be BIG.

MAY 16, 2016

If it's much more than that, you're probably looking at a bunch of newbie funds on their first or second fund and their performance is too new to judge. Well, CB insights lists somewhere in the neighborhood of 500 active VC firms as of 2013--meaning firms that did 4 or more deals that year. So what percent of the market is that?

Venture Capital 84

Venture Capital Capital Pension Funds Assets 84

Pension Pulse

SEPTEMBER 3, 2024

Over the last decade, the real estate arm of Quebec’s $300 billion pension fund tore through U.S. million in 2013, when the loan was securitized, to $76.5 It was acquired in 1990 by Caisse de dépôt et placement du Québec — Canada’s second-largest pension fund. The Caisse pension fund reported a -6.2

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Pension Pulse

MAY 15, 2023

He also held roles as the head of private equity at the Pivotal Group, as a portfolio manager in CalPERS’ private equity program from 2013 to 2016 and was a former consultant at McKinsey & Co. “We It is exceedingly rare to see a female CEO, CIO and Chair of the Board at any pension fund, let alone the largest one in the United States.

Pension Funds 52

Pension Funds Assets Consulting Consultants 52

Private Equity Professional

OCTOBER 8, 2024

Fund IV closed with commitments of $825 million from limited partners and the US Small Business Administration and $50 million from the general partner. Fund IV limited partners include university endowments, foundations, pension funds, insurance companies, banks, family offices, and industry executives from the U.S.

Capital 130

Capital Funds Pension Funds Buyout 130

The Big Picture

NOVEMBER 25, 2024

Corey Hoffstein : So throughout 2013, I was doing a lot of this research. And so in 2013, I’m staring down my largest client, all of a sudden it becomes obvious. 00:09:05 [Speaker Changed] How, how did the fund actually perform when it was live 00:09:09 [Speaker Changed] Quite well, right? So that was 2013.

Returns 52

Returns Mutual Funds Leveraging Hedge Funds 52

The Big Picture

MAY 9, 2023

SALISBURY: So that actually helped in a way that everybody was dealing with the same broad-based crisis as opposed to when it’s just you or just your firm or just your fund, where in some ways it can feel more stressful. SALISBURY: So I led the European Special Situations Group from 2008 to 2013. It tends to be quite sticky.

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Pension Pulse

NOVEMBER 19, 2024

I also said part of being a pension fund where you need long-term thinking is you also need people with a lot of experience who have been around a while and can make long-term decisions. It was founded in 2013 as a joint initiative of CPP Investments (led by Mark D. Wiseman ) and McKinsey & Company.

Pension Funds 59

Pension Funds Liabilities Assets Finance 59

Pension Pulse

OCTOBER 29, 2024

Late last week, I was contacted a Bloomberg reporter who is thinking of writing a comment on Canadian pensions in the UK and whether UK pension funds should adopt the Canadian model. I joined OMERS in 2013, and shortly after that our Sydney office opened with five infrastructure employees and no direct investments.

Pension Funds 59

Pension Funds Investing Assets Asset Management 59

Pension Pulse

MAY 11, 2023

Paulina Pielichata of Pensions & Investments reports CDPQ works to pump $11.2 billion into European private markets: Canadian pension fund Caisse de depot et placement du Quebec has recently moved into its new London headquarters as it is working to deploy C$15 billion ($11.2 billion) in private markets across Europe.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Buyout Pension Funds 52

Pension Pulse

JULY 2, 2024

percent of its portfolio in 2013 to 20.1 From the start of his tenure at CDPQ, Longchamps knew that his role would be different from the mantle taken on by his predecessors, each of whom had dedicated themselves to building and growing the pension’s PE programme. The worst thing that can happen at a pension fund is to miss a vintage.”

Pension Funds 59

Pension Funds Buyout Stakes Assets 59

Pension Pulse

OCTOBER 16, 2024

On this topic, I was happy to learn GM, Unifor recently signed an agreement that includes transition to CAAT DBplus pension plan, benefits gains: The union representing more than 1,300 employees at General Motors’ assembly plant in Ingersoll, Ont. has ratified a two-year collective agreement that includes pension and benefits gains.

Pension Funds 52

Pension Funds Education Debt Funds 52

The Big Picture

NOVEMBER 8, 2022

But anyway, I put them all together and it looked — that speculative sentiment was very inflated in 2013. pension funds engaged in to the tune of hundreds of billions of pounds. I can’t quite remember what they were. RITHOLTZ: It doesn’t sound like a great trade to make.

Finance 59

Finance Financing Banks Hedge Funds 59

Pension Pulse

JANUARY 12, 2024

She joined BlackRock in 2013 from Citigroup Inc., Not just sovereign wealth funds, US, Canadian and European pension funds too. The energy transition Fink talks about is huge and Canada's large pension funds are all over it. and previously worked for 13 years at Morgan Stanley.

Pension Funds 59

Pension Funds Debt Assets Exchange-Traded Funds 59

Pension Pulse

JUNE 8, 2023

AIMCo, which manages $120bn on behalf of Alberta’s wealth fund and pension funds, told the Financial Times it planned to increase its London headcount from 30 to 80 over the next few years and invest “billions” in the UK, including on projects linked to the country’s “green industrial revolution” policy.

Pension Funds 59

Pension Funds Investing Hedge Funds Venture Capital 59

The Big Picture

JULY 24, 2023

So this secular bear market that we’re in today began in 2013 when we finally broke above the 1,500 level that was capping the index since 2000. You know, if you’re a CIO of a pension fund, you’re always thinking about your employees and your portfolio and the plan sponsors.

Banks 52

Banks Hedge Funds Debt Legal 52

Pension Pulse

FEBRUARY 20, 2024

Operational Highlights Corporate developments Ranked first among the world’s leading public pension funds by Global SWF when measuring annualized returns between fiscal years 2013 and 2022 (Global SWF Data Platform, December 2023). Learn more about how CPP Investments has been recognized among leading global pension funds.

Stakes 59

Stakes Pension Funds Investing Mergers and Acquisitions 59

Pension Pulse

DECEMBER 12, 2023

Cogeco will repurchase some and, in the end, the Quebec pension fund will wind up with a 16.1 CDPQ first invested in Cogeco Communications in 2013 by providing a CAD 50 million loan. Caisse de Depot won’t hang on to all of the Cogeco shares it’s buying from Rogers.

Stakes 59

Stakes Leveraging Bidding Debt 59

Pension Pulse

AUGUST 3, 2023

587,000 sq.ft) warehouse that was constructed in three phases – 2013, 2016 and 2020 – has strong ESG credentials, including LEED Gold certification , and benefits from a licence allowing the storage of hazardous goods. The warehouses are on a 152,000 sq.m 1,636,000 sq.ft.) In Villanterio, south of Milan, a 55,000 sq.m

Portfolios 52

Portfolios Assets Leveraging Asset Management 52

Pension Pulse

MAY 22, 2024

Ian Bickis of The Canadian Press reports CPP Investments earned 8 per cent in latest fiscal year, net assets rose to $632 billion: Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 Our original investment was made in 2013.

Investing 59

Investing Pension Funds Stakes Assets 59

Pension Pulse

JANUARY 22, 2024

The pension fund manager had quietly tried to sell LifeLabs in previous processes and failed to find a buyer, according to two of the sources. In 2013, LifeLabs became the country’s largest medical testing business – based on the number of tests it performs – when it purchased CML Healthcare Inc. Biomedical Laboratories Inc.

Stakes 52

Stakes Investing Bidding Assets 52

The Motley Fool

JANUARY 10, 2024

Since the initial attempt to establish a spot Bitcoin ETF in 2013, there have been several other submissions, all of which were denied by the SEC. More importantly, now Bitcoin can be easily added to pension funds, individual retirement accounts, and 401(k)s by investors and money managers.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Investors Exchange-Traded Funds Pension Funds 246

Pension Pulse

MAY 24, 2023

In private credit, tightening credit conditions resulting from a handful of bank failures and rescues in the United States have opened up opportunities for non-bank players like pension funds, he said. Our original investment was made in 2013. Christine Dobby of the Toronto Star also reports CPP Investments posts 1.3%

Investing 52

Investing Stakes Pension Funds Assets 52

Pension Pulse

APRIL 15, 2024

In Canada, one of our most powerful tools to collectively shape that future is our strong, stable, resilient pension fund, one built for the specific demographic hurdles we’ll face as a country. In this landscape, countries with strong pension funds have a decided advantage—and Canada is among them. Today, there are 3.5

Pension Funds 59

Pension Funds Investing Finance Financing 59

Pension Pulse

MAY 15, 2024

Scott Chan, deputy CIO of the California State Teachers’ Retirement System, will take over on July 1 as CIO of the world’s largest educators’ pension fund. He also held positions including partner and portfolio manager at the hedge funds SF Global, Magnum Opus and TLB Capital. Chan was a member of the CIO Power 100 list in 2013.

Pension Funds 59

Pension Funds Education Hedge Funds Assets 59

Pension Pulse

OCTOBER 13, 2023

Anyway, let me get on to covering this week in pensions. First, Shahir Gindo wrote a special to the Globe and Mail on why Canadian pensions funds should invest more in domestic assets to boost the economy. I want to confront the topical complaint that pension funds allocate something like 4% of our capital to domestic stocks.

Pension Funds 59

Pension Funds Investing Banks Consulting 59

The Motley Fool

JANUARY 12, 2024

Since 2013, we've repurchased close to 15 billion of BlackRock stock, which generated an unlevered compound annual return of 14% for our shareholders. On our client side, the pension funds and sovereign wealth funds, the asset managers, infrastructure is what they want to invest in. In 2023, we returned over 4.5

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Assets Shareholders Capital Asset Management 130

Pension Pulse

OCTOBER 25, 2024

up 22% in its biggest rally since May 2013. He also said he owns no long bonds but he doesn't understand asset-liability management and why pension funds would jump on Treasuries again if the 10-year yield hit 5% (hell, I bet you they are buying them now). Treasuries rebounded after days of losses. United Parcel Service Inc. —

Pension Funds 59

Pension Funds Debt Liabilities Taxes 59

Pension Pulse

AUGUST 22, 2023

Paula Sambo of Bloomberg reports Canada Pension Plan Investment Board joins startup at $100 million Reforestation Fund: Canada’s largest pension fund has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil’s Amazon region.

Funds 52

Funds Startups Investing Pension Funds 52

The Big Picture

OCTOBER 31, 2022

And it appears, at least, in the post-World War II period, they come about every 25 years, the Nifty Fifties, which was a period where institutions and pension funds bought just growth stocks. We have had these growth spurts of overvaluation through history. RITHOLTZ: Late ‘60s we’re talking. SIEGEL: Yeah. Late ‘60s, early ‘70s.

Finance 59

Finance Financing Debt Banks 59

The Big Picture

JULY 22, 2024

So I left Morgan Stanley in 2013. So I took some time off, I looked at different options starting up my own fund, creating a new multi-asset business at a PE firm. So yeah, it’s a broad swath of clients that we cover from pension funds, sovereign wealth funds, retail, you name it.

Banks 59

Banks Leveraging Taxes Portfolios 59