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Ara Partners Raises Over $3bn for Fund III, Investing in Industrial Decarbonization

Private Equity Insights

Fund III will continue Ara’s strategy of investing in the decarbonization of the industrial economy, the greatest source of carbon emissions globally. ” Mr. Cherington and Mr. Thacker founded Ara in 2017.

Funds 130
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Scott Chan Named CalSTRS’ New CIO

Pension Pulse

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. billion since 2017. billion in costs since 2017. billion since 2017, the pension system said in announcing Chan’s appointment. “I

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Ivanhoé Cambridge’s Real Estate Binge Heading Towards a Reckoning?

Pension Pulse

Over the last decade, the real estate arm of Quebec’s $300 billion pension fund tore through U.S. During that decade, the investor also scooped up Goldman Sachs’ former headquarters at 85 Broad Street in the Financial District, which the company bought for $650 million in 2017. The Caisse pension fund reported a -6.2

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CDPQ's 2023 Sustainable Investing Report

Pension Pulse

Environment CDPQ is well on track to achieve the targets underpinning the climate strategy it adopted in 2021, including its goal of reaching a net-zero portfolio by 2050 with: $53 billion in low-carbon assets, including $15 billion in Québec, representing an overall increase of $35 billion in low-carbon assets since 2017.

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CalSTRS Beefs Up its PE Co-Investments to Lower Costs, Improve Returns

Pension Pulse

billion in costs since 2017 thanks to its collaborative model approach, which brings more assets in-house and encourages the use of different investment vehicles, including co-investment, joint ventures, SMAs, direct ownership and revenue share. In both scenarios, CalSTRS would reduce leverage when the markets and cash flows normalize.

Returns 69
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On IMCO's Focused Approach to Investing Outside Canada

Pension Pulse

The US withdrew from the TransPacific Partnership in 2017. Real investment advantages include things like operational leverage (e.g., the ability to leverage centralized risk, legal, HR, IT, back and middle office capabilities), relevant sectoral expertise, the ability to leverage scale (e.g.,

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Will Ontario's Large Pensions Invest Alongside the New Ontario Infrastructure Bank?

Pension Pulse

Since it was established in 2017 with an initial funding of $35 billion, the bank has faced criticism for transaction shortcomings and has only been able to deploy a cumulative total of $9.7 billion as of March 31, 2023. Well, it didn't turn out that way.

Banks 59