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Japanese pension fund Chikyoren selects global firms for PE and private debt mandate

Private Equity Wire

Japans Pension Fund Association for Local Government Officials (Chikyoren) has selected four firms two from the US and two from Japan for a global private equity mandate, according to a report by Asia Asset Management. The pension fund oversees assets totaling JPY37.58tn (approximately $237.9bn).

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Billionaire Bill Ackman Has 45% of His Hedge Fund's $13.4 Billion Portfolio Invested in Just 3 Stocks

The Motley Fool

Brookfield (14.4%) Ackman started acquiring shares in alternative asset management company Brookfield (NYSE: BN) (TSX: BN) in the second quarter and really loaded up on shares in the third quarter. Brookfield spun off its asset management business last year, but it maintains a 73% ownership stake in it. He holds about $1.9

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Brookfield poised to secure $10bn Colonial Pipeline deal in major energy shake-up

Private Equity Insights

Sources familiar with the matter indicate that Brookfield has advanced past rival infrastructure funds and strategic buyers following the submission of final offers last week. Canadian pension fund Caisse de Dpt et Placement du Qubec (CDPQ), oil major Shell Plc, infrastructure investor IFM Investors, and Koch Industries.

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BlackRock expands private equity focus with new financing initiative

Private Equity Insights

The firm is looking to extend its role beyond investing client capital to managing funds for private equity and alternative asset managers, according to Chief Financial Officer Martin Small. This move follows BlackRocks $30bn expansion into private credit, financial data, and infrastructure assets in 2023.

Finance 162
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MainePERS makes $200m alternatives commitment

Private Equity Wire

The Maine Public Employees Retirement System (MainePERS), based in Augusta, has approved two alternative investment commitments totalling up to $200m, according to a report by Pensions & Investments Online citing James Bennett, the Chief Investment Officer of the $20.2bn pension fund. of its total assets.

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Fund Friday: Top fundraising news in private equity

Private Equity Insights

Read more: [link] Balbec Capital closed its latest credit fund, Insolve Global Credit Fund VI, securing over $1.7bn in commitments, making it the firms largest fundraising cycle to date. read more Dallas-based Pearl Energy Investments closes fourth fund at $999.9m Can’t stop reading? reaching its.

Funds 147
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Fund Friday: Top fundraising news in private equity

Private Equity Insights

Brookfield Asset Management is targeting at least $7bn for its fourth infrastructure debt fund, expanding one of the largest strategies in the sector. The new fund will invest in both junior and senior infrastructure debt, continuing Brookfields established approach. Read more here.