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.

Funds 59

Funds Stakes Due Diligence Assets 59

Pension Pulse

AUGUST 21, 2024

UPP was only established in 2021 following the culmination of a decade-long process by three founding universities to amalgamate their existing pension schemes into one umbrella organization. We typically target the mid-market, where we can be meaningful, and every fund investment we have done so far has included an LPAC seat.

Investing 59

Investing Assets Due Diligence Funds 59

Pension Pulse

JUNE 12, 2024

Aaron Bennett Chief Investment Officer 2023 highlights Held a 102% funded status with a $0.2 in climate solutions by 2030 as part of a Climate Investment Transition Framework Reduced UPP’s portfolio carbon footprint by 17% against a 2021 baseline, exceeding the 16.5% billion surplus 1 Achieved a 10.2%

Liabilities 59

Liabilities Assets Leveraging Due Diligence 59

Sara Grillo

FEBRUARY 13, 2023

From a Wall Street Journal Article: The environmental, social, and governance funds’ average fee was 0.2% Wursthorn, 2021, as per Sullivan, 2021 Did we convince you that ESG sucks (yet)? 2021, March 16). link] Wursthorn, Michael, (2021). Pension funds, endowments, etc. DOI: 10.3905/joi.2016.25.2.136.

Pension Funds 72

Pension Funds Investing Funds Portfolios 72

Pension Pulse

NOVEMBER 10, 2023

In the most recent triennial review published in December 2022, the Chief Actuary reaffirmed that, as at December 31, 2021, both the base and additional CPP continue to be sustainable over the long term at the legislated contribution rates. Mr. Connor has served on the Board since August 2021. Read his full comment here.

Investing 59

Investing Buyout Stakes Assets 59

The Big Picture

FEBRUARY 28, 2023

When I came up in the industry, when a company would come up for sale, we would have four or five months to research that business, and to do due diligence, and to meet the management team, to build our models. Look, our parents all had pension funds. It’s been primarily pension, historically. LAYTON: Yeah.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

The Big Picture

MARCH 12, 2024

There were financial experiments where the borrower hadn’t been through due diligence. So we, we do business with most of the sovereign wealth funds, most of the big US national insurers, global insurers, the largest pension funds. The LTV was very high. The underlying risk of the home market was very high.

Hedge Funds 59

Hedge Funds Banks Assets Due Diligence 59

Pension Pulse

NOVEMBER 22, 2024

officials allege: Senior executives at Quebec’s provincial pension fund manager tried to win contracts by paying Indian officials hundreds of millions of dollars in bribes and interfered with corruption investigations in the United States, American prosecutors allege. The charges filed by the U.S. per cent stake in the company.

Securities and Exchange Commission (SEC) 59

Securities and Exchange Commission (SEC) Pension Funds New York Stock Exchange Stock Exchanges 59

The Motley Fool

JANUARY 29, 2025

Our ABF run rate growth was driven by higher average AUM, aided by the highest quarterly cash inflows into equity ETFs linked to MSCI indices since the end of 2021 at more than $48 billion. billion from one of our large pension fund clients. Turning finally to asset managers.

Asset Management 130

Asset Management Hedge Funds Assets Mergers and Acquisitions 130

The Big Picture

APRIL 11, 2023

DAMODARAN: Or it could be some unique characteristic, pension funds pay no taxes. But a lot of people don’t realize 2021, when S&P was up 28 percent, Amazon was flat up a percent or 2. DAMODARAN: We’re going to do our due diligence. We also tell them to do due diligence.

Education 119

Education Finance Financing Taxes 119