Remove 2023 Remove Leveraged Buyouts Remove Pension Funds
article thumbnail

Private Equity's Creative Wizardry Posing Systemic Risk?

Pension Pulse

Private Grief Private markets — made up of PE firms who take stakes in companies, and private credit funds who lend to them — have ballooned since the turn of the millennium, expanding by 15 times according to a September report from the International Organization of Securities Commissions. trillion at the end of June 2023.

Buyout 59
article thumbnail

CPP Investments Aims to Double Credit Holdings Over Next Five Years

Pension Pulse

Paula Sambo of Bloomberg reports Canada pension fund's credit head wants to take advantage of leveraged buyout boom: Canada’s largest pension fund plans to nearly double the size of its credit holdings over the next five years, and it’s counting on an upturn in leveraged buyouts to generate some of that growth.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

BCI Sells $1-Billion of Private Equity Holdings to Ardian

Pension Pulse

pension fund manager sells $1-billion of private equity holdings to French buyout firm Ardian: British Columbia Investment Management Corp. is selling more than US$1-billion of stakes in private equity funds to French buyout firm Ardian SAS, tapping the secondaries market for private assets to free up cash for new investments.

article thumbnail

Ares Faces Its Biggest Decision Yet: Stick With Private Credit or Become an Alts Supermarket

Private Equity Insights

Question is: Can it become a one-stop shop for pension funds, endowments, insurers, and sovereign wealth funds eager for exposure to every major alternative-asset class — without diminishing its private credit franchise? In 2022, Ares’ direct lending tied to such buyouts totaled $26.4 percent. “The

article thumbnail

This Week in Pensions & Investments: 10-11-2023

Pension Pulse

Performance of the Base and Additional CPP Accounts The base CPP account ended its second quarter of fiscal 2024 on September 30, 2023, with net assets of $546 billion, compared to $547 billion at the end of the previous quarter. Executive announcements Manroop Jhooty was appointed Senior Managing Director & Head of Total Fund Management.