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KKR among PE suitors for $6bn Cubico

Private Equity Wire

The report cites unnamed sources familiar with the matter as revealing that the sale process, which was initiated by Cubicos owners Canadas Public Sector Pension Investment Board (PSP) and the Ontario Teachers Pension Plan (OTPP) has also attracted interest from Italian energy conglomerate Enel, as well as other infrastructure investors and funds.

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CDPQ's Trusted Man at the Heart of the Corruption Plot

Pension Pulse

And to be honest, I wouldn't be surprised if similar bribing schemes are also occurring at other CDPQ subsidiaries in India and at those of other large Canadian pension funds. Lastly, I am aware that bribes can happen anywhere, including here in Canada across all asset classes. He raises several important points there.

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South Korean investors continue to favour private debt and infrastructure 

Private Equity Wire

Private debt and infrastructure are set to remain the preferred alternative asset classes among South Korean institutional investors for the second year running in 2024, according to a survey by The Korea Economic Daily. The 15 institutional investors, collectively managing more than KRW2.12qn ($1.59tn) in assets, with 20.7%

Debt 98
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Top Funds' Activity in Q4 2024

Pension Pulse

The Omaha, Nebraska-based conglomerate cut its stake in the bank to 8.9% The iPhone maker remains Berkshires largest stock holding, representing 28% of the conglomerates portfolio. Market neutral funds will engage in pair trading to remove market beta. Some are large asset managers that specialize in factor investing.

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CPP Investments' CEO Discusses Fiscal Year 2024 Results

Pension Pulse

Ian Bickis of The Canadian Press reports CPP Investments earned 8 per cent in latest fiscal year, net assets rose to $632 billion: Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 CPPIB's net assets totalled $632.3 The increase in net assets included $46.4

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Top Funds' Activity in Q2 2024

Pension Pulse

are buying/adding Ulta Beauty (ULTA) Ulta Beauty caught Berkshire’s eye in the most recent quarter, and the conglomerate opened a position in the purveyor of beauty products, albeit a relatively small 690,000 shares. The conglomerate still owns nearly 4.7 Market neutral funds will engage in pair trading to remove market beta.

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OTPP Appoints Bruce Crane as Head of APAC

Pension Pulse

Crane was most recently a senior managing director, responsible for overseeing and managing infrastructure and natural resources investments for the pension fund in the Asia-Pacific region. According to the pension fund, it currently has more than 85 employees in the region. billion) fund said in a statement on Tuesday.