The Big Picture

FEBRUARY 13, 2023

Which is run by many insurance companies, pension funds who use Aladdin, and it’s a commercial enterprise for the firm. Didn’t it start as a bond shop, catering to pension funds and foundations? I mean, it started as largely mortgages, fixed income bonds shop, and you know, create a closed end funds.

Hedge Funds 59

Hedge Funds Education Funds Banks 59

Pension Pulse

JULY 11, 2024

Valuations are way, way off in some cases, and there will come a point, I expect soon, when auditors say they’re unable to sign off on the accounts anymore,” he adds, explaining that many asset sales in secondary markets will be done at far lower values than where they’re being priced by firms today.

Buyout 59

Buyout Debt Leveraging Pension Funds 59

The Big Picture

AUGUST 15, 2023

And he said, “Well, it has to be this and that “and it has to be collateralized with a letter of credit.” In 1998, you asked famed value investor Michael Price what he learned from investing in Sunbeam Corporation, which was run by Chainsaw Al Dunlap and was just rife with accounting fraud. SEIDES: Yeah.

Hedge Funds 52

Hedge Funds Funds Capital Assets 52

The Big Picture

JANUARY 24, 2023

KLINSKY: Why would I take more than the value of the accounts receivables. And if they don’t need a loan, we can lease them their own building back in a net lease, and have both the credit of the company and the real estate as collateral. It’s the sovereign funds around the world, in Europe and Asia. KLINSKY: Yup.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

Pension Pulse

MARCH 13, 2024

31, Canada accounted for 55% of the plan's assets, followed by the U.S. (24%), Paula Sambo of Bloomberg also reports real-return bonds reap gains for HOOPP: Canadian inflation-protected securities known as real-return bonds are reaping gains for one of the country’s largest pension funds during a turbulent period for fixed-income markets.

Pension Funds 59

Pension Funds Liabilities Assets Hedge Funds 59

The Big Picture

JUNE 20, 2023

MORGENSON: It can be collateralized loan obligations, now it’s big private debt. Pension funds, perhaps, maybe aren’t growing as much as they need them to. MORGENSON: Flat tax, he was also for medical savings accounts and health savings accounts. But so you had these dividend recaps.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Finance Financing 59

The Big Picture

FEBRUARY 20, 2024

When you write a check, you get check float, it takes time for the checks to come back to the hit the treasury account. 00:21:10 And so we started an advisory group of people, you know, hedge funds, pension funds, insurance companies, you know, buy side investors. You need to come up with more collateral.

Banks 59

Banks Stock Market Stock Market Legal 59

Pension Pulse

NOVEMBER 10, 2023

The Fund, which includes the combination of the base CPP and additional CPP accounts, achieved a 10-year annualized net return of 9.6%. For the quarter, the Fund’s net return was 0.1%. The base CPP account’s net return for the quarter was 0.2%, and the five-year annualized net return was 7.3%. Read his full comment here.

Investing 59

Investing Buyout Stakes Assets 59

The Big Picture

NOVEMBER 25, 2024

So you could say instead of buying a million dollars of the s and p 500, I’m gonna take $50,000, use it as cash collateral to buy s and p 500 futures, a million dollars of s and p 500 futures, which will give me the total return. That is their savings account, particularly when cash is returning nothing.

Returns 59

Returns Mutual Funds Leveraging Hedge Funds 59