Pension Pulse

SEPTEMBER 12, 2023

At C$146 billion, equivalent to a quarter of the entire C$575 billion pension fund for some 21 million Canadians and forecast to grow bigger every year, Kim leads a program that is also heading into unchartered territory. Most were on the fund's private equity team and were informed early last month, according to two of the people.

Portfolios 69

Portfolios Pension Funds Due Diligence Investing 69

Pension Pulse

DECEMBER 21, 2023

He told me he tries to leverage the institution to form solid partnerships and add meaningful value. In January 2016, Justin Trudeau's government appointed him Ambassador and Permanent Representative of Canada to the United Nations, a position he fulfilled from 2016 to 2020. We began with a quick overview of his career.

Mergers and Acquisitions 59

Mergers and Acquisitions Assets Pension Funds Leveraging 59

The Motley Fool

JANUARY 12, 2024

increased by 40 basis points year on year as we continue to drive operating leverage and profitable growth after the market shock of 2022. Looking forward, we're prioritizing investments to propel our differentiated organic growth and operating leverage. Our fourth quarter operating margin of 41.6%

Assets 130

Assets Shareholders Asset Management Capital 130

Pension Pulse

OCTOBER 10, 2024

Leveraging our new in-house development team, we are well-positioned to take on increasingly complex projects and deliver bespoke products that align with the needs of our occupiers.” With leverage, the value-add and develop-to-hold investment platform was expected to have more than €1bn of investable capital.

Leveraging 52

Leveraging Assets Asset Management Pension Funds 52

Pension Pulse

MAY 25, 2023

is acquiring a minority stake in a corporate consultant and fund administration provider. Zedra, which provides wealth, governance and administrative services for corporations, pensions, trusts and funds, was launched in the Isle of Man in 2016. PBS Frontline also examines who is establishing trusts in South Dakota.

Stakes 52

Stakes High Net Worth Individuals Taxes Buyout 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 initial investment in the company was made in 2016 and we maintain a 15% stake.

Investing 59

Investing Pension Funds Stakes Assets 59

Pension Pulse

JULY 4, 2023

The company is still in talks with its shareholders about raising as much as £1 billion in fresh funds following a £500 million injection agreed last year. Its largest shareholder is Canadian pension fund Ontario Municipal Employees Retirement System (Omers), which holds a nearly 32 per cent stake. billion in Canadian funds.

Pension Funds 52

Pension Funds Debt Shareholders Stakes 52

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. In order to do this, they need to leverage off their partnerships and enter into join ventures. 1,636,000 sq.ft.)

Portfolios 52

Portfolios Assets Asset Management Leveraging 52

Pension Pulse

AUGUST 23, 2023

It is for this reason that Canadian pension giant BCI finds itself in a rather enviable position. billion) public pension fund has spent much of the past decade using the secondaries market to cultivate a comparatively liquid portfolio of illiquid assets. billion; €158.2 We were very slow to get into venture capital and growth.

Pension Funds 40

Pension Funds Assets Debt Private Equity Firms 40

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 And the team is also spending more time leveraging its partner relationships to help operationalise the attraction of diverse talent.

Pension Funds 52

Pension Funds Assets Consultants Consulting 52

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. Other categories affecting our total cost profile include taxes and expenses associated with various forms of leverage.

Investing 52

Investing Stakes Pension Funds Assets 52

The Big Picture

NOVEMBER 8, 2022

I mean, I didn’t want to blow my own trumpet up too much because most of the positions were in place, the quality funds, which more defensive and less leveraged, and low allocation to — a relatively low allocation to equities, and then the hedge funds sort of long/short positions that benefited in the financial crisis.

Finance 59

Finance Financing Banks Hedge Funds 59

Pension Pulse

JUNE 7, 2023

Currently, the operating model and governance structures for the fund are still being finalized. Orida said PSP Investments is “ready to hit the ground running by leveraging the expertise that we already have in house.” She noted that Oliver Duff has been working at PSP since 2016 and she promoted him this year.

Investing 59

Investing Assets Banks Legal 59

The Big Picture

FEBRUARY 28, 2023

And then in 2016, we were thinking a little bit more strategically about our business in the Americas, and I championed this project to open up a headquarters for the firm in Colorado and — RITHOLTZ: Away from Wall Street. Leverage levels have come down materially. LAYTON: Leverage levels have changed. That has changed.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

The Big Picture

JUNE 13, 2023

The exposure you get in investment banking, I was a leveraged finance banker by background. CHABRAN: Maybe because I come from a leverage finance background, as I told you, I tend always to focus on the downside. You’ve got the most sophisticated sovereign wealth funds in the world. I think it was a great training.

Banks 59

Banks Asset Management Assets Capital 59

Pension Pulse

JUNE 5, 2024

IMCO CEO Bert Clark posted a comment on LinkedIn going over the Canadian model and other thoughts from the Fiduciary Investors Symposium: I recently had the pleasure of speaking at Top1000 Funds’ Fiduciary Investors Symposium Toronto 2024. And Canadian pensions have adopted some of their best practices and applied them to pension investment.

Pension Funds 59

Pension Funds Private Equity Firms Private Equity Firms Assets 59

The Big Picture

JANUARY 24, 2023

And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school. KLINSKY: In 1979, it was the first leveraged buyout of a public company. We had sold the family business, maybe buy another family business one day through a leveraged buyout. KLINSKY: Yeah.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

Pension Pulse

NOVEMBER 10, 2023

LongPoint Minerals, LLC and LongPoint Minerals II, LLC acquired their assets between 2016-2021. Private Equity Invested US$206 million to acquire positions in two fund-of-fund vehicles that are invested in buyout, growth buyout and venture funds across a wide range of industries, primarily in the U.S.

Investing 59

Investing Buyout Stakes Assets 59

Private Equity Wire

JANUARY 24, 2025

Pension funds are calling for more transparency from private equity firms, seeking clearer and standardised reporting on fees and returns, in new guidelines published by the Institutional Limited Partners Association (ILPA), according to a report by the Wall Street Journal.

Pension Funds 93

Pension Funds Private Equity Firms Private Equity Firms Returns 93