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

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

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

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

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 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

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

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