This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The firm manages $185bn in assets and owns Zelis, a leading healthcare payments business. Earlier this year, Bain also made a take-private bid for Surgery Partners. The current deal signals renewed appetite for high-growth software assets and underscores continued investor confidence in healthcare tech. Can`t stop reading?
The fund attracted both new and existing investors, including sovereign wealth funds, pensionfunds, insurance companies, consultants, and multi-family offices. He noted a growing demand for Balbecs asset-based and specialty finance strategies as investors seek diversification. Can`t stop reading?
AP Pension has invested in a Morgan Stanley fund that aims to reduce carbon emissions by 1GT ahead of 2050. Danish pensionfund AP Pension has invested in the Morgan Stanley 1 Gigaton fund, which aims to remove one gigaton of CO2-equivalent emissions from the Earth’s atmosphere by 2050.
Private-equity group Sycamore Partners is considering a potential bid to purchase department store chain Macy’s (NYSE:M), according to a report in the New York Post. billion take private bid from investing firm Arkhouse and hedge fund Brigade earlier this month. billion) in assets have. billion) in assets have.
is weighing a bid for UK’s Pension Insurance Corporation (PIC) in a deal that could value the company at about $6.26bn, Sky News reported on Wednesday. PIC is a well-established company with a strong track record, and its acquisition would provide Apollo Global with access to a valuable customer base and a wide range of assets.
European utility Engie has joined forces with Canada’s second-largest pensionfund to try to buy British power network Electricity North West (ENWL), according to two sources with knowledge of the matter. Read more South Korea’s Hahn & Co raises $3.4bn for new buyout fund Aircraft landing gear maker Héroux-Devtek Inc.
is mulling the sale of $2 billion in private equity assets in the secondary market to raise capital for other investments, according to people familiar with the matter. increase generated by its own internal benchmark, the fund said in the statement Tuesday. Net assets advanced to C$215 billion ($163.4 read more H.I.G.
Its structure was designed to give small investors access to institutional-level real estate investments, with the idea that they would be able to benefit from the cash flows such assets can produce. It is how institutional investors, like pensionfunds, do it, normally using an asset allocation model.
The SEC has suffered a major setback in its bid to increase oversight of the private equity and venture capital industry after a US appeals court threw out a new rule requiring managers to provide investors with fees and expenses each quarter. ” He said in a statement.
The New York State Teachers Retirement System (NYSTRS) committed $400m (£315.55m) to private debt funds between October and December last year. The pensionfund allocated $300m to the OIC Credit Opportunities IV fund, while the remaining $100m was committed to the Peninsula VIII, according to publicly available documents.
The Bloomberg report added that HSBC is working with Bank of America Corp on the potential divestment of INKA, its German fund administration business. Read more BlackRock Unveils Climate Policies for $150bn in Funds BlackRock Inc. is singling out funds with combined assets of $150bn for an extra screen designed.
The cornerstone investor of BInF II is the European Investment Fund (EIF). Investors contributing to the fund include EIF, Swedbank pensionfunds, SEB pensionfunds, LHV Pensionfunds and pensionfunds managed by Citadele group. “We Source: BaltCap Can’t stop reading?
The asset could attract investment funds and pensionfunds, the people said. Read more India’s Lok Capital seeks $200m for Fund IV, gets AIIB support Indian impact investor Lok Capital has secured USD 25m from Asian Infrastructure Investment Bank.
US private equity giant KKR and top Canadian pensionfund Canada Pension Plan Investment Board ( CPPIB) have launched a $465 million block deal in Indus Towers as both investors eye an exit from the leading telecom tower company, multiple industry sources in the know told Moneycontrol.
James Hirai of Bloomberg reports Dutch pensionfunds send shockwaves through euro swap market: Dutch pensionfunds are plowing cash into long-dated swap contracts, according to strategists, upending one of this year’s most popular trades. The funds, by far the region’s largest with more than €1.5 in a client note.
The group has announced it has secured financing commitments from four additional lenders – Korea Investment, KDB Asia, Sona Asset Management, and Canadian pensionfund The Public Sector Pension Board.
The Menlo Park, California-based firm with offices in Miami, New York and Sao Paulo, tapped pensionfunds, hospital systems, foundations, endowments, fund of funds, insurance companies and family offices among other investors, according to a statement.
Revelstoke Capital Partners, a Denver-based private equity firm with $5.8bn of assets under management, announced today that it has completed the successful fundraising for Revelstoke Capital Partners Fund III, and various affiliated investment vehicles totalling $1.7bn. RCP Fund III substantially surpassed its target of $1bn.
The Canadian pensionfunds acquired Santanders stake in 2016, becoming equal owners. The company also has expertise in concentrated solar power and transmission line technology, positioning it as a key asset in the global energy transition. gigawatts (GW).
Investors in these new funds include a broad range of medical institutions, university endowments, foundations, pensionfunds, sovereign wealth funds and family offices. read more The post OrbiMed Raises $4.3bn for Latest Healthcare Investment Funds appeared first on Private Equity Insights.
With the ongoing growth of its platform, Vistara is now seeking to broaden its investor base by targeting pensionfunds and other institutional investors, and geographically by launching vehicles for both US and international investors. is weighing a bid for UK's Pension Insurance Corporation.
Fund III will continue Ara’s strategy of investing in the decarbonization of the industrial economy, the greatest source of carbon emissions globally. Ara’s predecessor fund, Ara Fund II, closed in September 2021 at approximately $1.1bn , above its $650 million target.
It has vaulted to the top rungs of the alternative-asset management world by focusing on what it does best: private credit. Yet, like its peers, Ares feels compelled to diversify into other asset classes, such as real estate, infrastructure, and private equity. The attractions of sticking with private credit are obvious.
billion bid and Ottawa has said Glencore would face rigorous scrutiny. Canada's large pensionfunds are globally known investors, managing more than $1 trillion of savings, but their exposure to domestic equities has steadily declined over the past decade since Canadian equity markets represent just 3% of the global equity market.
Leading investors in the recap included a Stonepeak managed vehicle anchored by Mercer and Aware Super, and direct investments from the Investment Management Corporation of Ontario (“IMCO”) and APG Asset Management (“APG”). billion of assets under management. billion of assets on behalf of our clients.
OHA sourced this transaction through its strategic direct lending partnership with BMO Capital Markets (“BMO”), which includes over $1bn to invest in jointly originated senior secured private credit assets. Source: CISION PR Newswire Source: Bain Capital Can’t stop reading?
And in November, investors began to anticipate monetary easing by the Federal Reserve – assets rallied across the board. By early December, the Federal Reserve confirmed what markets were anticipating – that it expected rate cuts in 2024 and assets and markets again moved up. We are hopeful that 2023 will end up being a turning point.
One of the first things I did when I joined the venture asset class as a lowly institutional LP analyst in 2001 was to build the VC fund cashflow model. Just about every analyst who looks at fund investing has built one. I've never heard any limited partner ask me if I can generate a better return than their Series A funds.
Florence Chong of IPE Real Assets reports ADQ buys 49% of infrastructure platform Plenary as CDPQ sells 20% stake ADQ, an Abu Dhabi state-owned investment company, has purchased a 49% stake in global public infrastructure group Plenary for an undisclosed price, believed to be around A$1bn (€609m).
At C$146 billion, equivalent to a quarter of the entire C$575 billion pensionfund for some 21 million Canadians and forecast to grow bigger every year, Kim leads a program that is also heading into unchartered territory. focus on Quality in a challenging Market Kim is also preparing for tougher returns in the asset class ahead.
UK's Nest pension scheme to ramp up PE allocations Submitted 21/08/2023 - 12:19pm The National Employment Savings Trust (Nest), one of the UK's largest workplace pension schemes, is planning to boost its allocation to private equity investments in a bid to improve long-term returns, according to a report by the Telegraph.
It’s late April, and Emond is appearing at a hearing at Quebec’s National Assembly, where parliamentarians are zeroing in on a perceived dilution of the share of assets the Caisse de dépôt et placement du Québec has invested at home, from 26.1% a decade ago to 20.3% Shouldn’t the Caisse, they ask, at least get back to that previous threshold?
had filed annual financial statements that show it marked down the value of its assets from £700-million ($1.2-billion) OMERS is one of Canada’s largest pensionfund managers, overseeing $129-billion of assets with investments in Canada, the United States, Europe and Asia. BCI manages $233-billion in assets.
billion in assets under management as of December, the priority is to steer the pension’s PE portfolio back to safe waters and ensure its allocation fits within the risk budgets of its 48 depositors. The strip sale involved more than 60 international PE funds and co-investments, according to CDPQ’s annual report.
Neil Callanan of Bloomberg reports distressed commercial property buyers see ‘exceptional bargains’: Distressed investors see one of the best opportunities in a generation to buy troubled US real estate assets as the commercial property crash continues to roil the market. Private equity firms are already positioning to take advantage.
Gillian Tan, Swetha Gopinath and Layan Odeh of Bloomberg report OMERS to stop making direct private equity investments in Europe: The Ontario Municipal Employees Retirement System will stop making direct private equity investments in Europe as the pensionfund overhauls its operations there, according to people familiar with the matter.
Anyway, let me get on to covering this week in pensions. First, Shahir Gindo wrote a special to the Globe and Mail on why Canadian pensionsfunds should invest more in domestic assets to boost the economy. They don’t mention that the Maple 8 large Canadian pensionfunds collectively have around 13.5%
A month ago, Eliyahu Kamisher of the Los Angels Times reported that CalPERS pensionfund posts 5.8% gain in its latest fiscal year as the stock market rally and private debt buoyed the largest traditional public pensionfund in the United States. on private debt, as private equity slipped 2.3%, real assets dropped 3.1%
CPP Investments, the public pension plan’s asset manager, has about $36 billion under management in Latin America, or about 5% of its global portfolio, in sectors from electric utilities and sanitation to real estate, telecoms and logistics. Brazil accounts for nearly half of the fund’s investments in Latin America.
Business Wire reports that Norway's sovereign fund tops global transparency ranking: TORONTO — Norway’s sovereign wealth fund, Government PensionFund Global, has topped the list of the most transparent funds according to the Global Pension Transparency Benchmark’s 2023 findings.
As part of the agreement, FDJ, which is the operator of the French National Lottery, will purchase the shares from Ontario Teachers' Pension Plan, An Post, and An Post PensionFund. PLI was awarded a 20 year contract to operate the National Lottery by the Irish Government back in 2014. An Post also welcomed the sale.
With supportive markets and more optimistic sentiment from clients, we're confident in our ability to both grow assets on behalf of clients and drive profitable growth for our shareholders. In addition, as many of you know, we updated the presentation of expense line items by including a new sales, asset and account income statement caption.
AIMCo has very little invested in China and most if not all investments there were made through external fund managers, he said, noting that the entire commitment to Asia is around two per cent of the fund’sassets. Canada’s large pensionfunds have pulled back on some activities in China. trillion stock market.
among technology exits Michael Burry’s Scion Asset Management LLC exited positions in Oracle Corp. of its assets. Even after the reduction, Apple still represented its largest holding, constituting 41% of assets. Otherwise, recent US$ weakness caused by a net slowing in US growth momentum provides a bid under commodities.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content