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
Last August, I passed the point at which I had spent literally half my entire life working in this asset class, having started at the General Motors pensionfund doing institutional investments in venture funds and late-stage directs back in February of 2001. It has been a career that fits my personality well.
The system works exceptionally well, yet in the past year, we have seen increasing calls to change this model and use pensionfunds as a policy tool. This has culminated in an announcement from Ottawa to explore ways to have pensionfunds invest more domestically. This outperformance aggregated to $4.2-billion
Pension plans and insurers have been piling into funds that invest in equity tranches of collateralized loan obligations in recent months, according to several asset managers who spoke on the condition of anonymity. billion in assets, said the attraction of low default rates for leveraged loans, estimated at 1.5%-2%
Investors in the Fund, which were a mix of numerous new investors as well as existing New Mountain Net Lease investors, include pensionfunds, insurance companies, asset managers, endowments, family offices and high net worth individuals. Since inception, New Mountain’s net lease strategy has completed $1.9
While most of the money that goes into VC funds comes from institutions that are highly experienced in the asset class, some family offices and high net worth individuals also invest in VC. They’re trying to get exposure and diversification at the same time, while potentially seeing co-investment dealflow.
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.
Ishika Mookerjee and Sheryl Tian Tong Lee of Bloomberg report Quebec pension struggles to deploy $7 billion for energy transition: One of Canada’s biggest pensionfunds says it hasn’t been able to deploy the CAD 10 billion ($7.3 The other thing that is tricky is what exactly constitutes energy transition assets?
Paula Sambo of Bloomberg reports Canada pensionfund's credit head wants to take advantage of leveraged buyout boom: Canada’s largest pensionfund 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.
trillion in assets, 9.4 We deliver durable long-term investment performance by executing on alpha opportunities, sourcing unique deals, and managing risk. The foundation of a market-leading asset management platform is comprehensive, high-quality investment products with strong long-term investment performance.
iShares is leading the industry in global flows with approximately $250 billion through the third quarter and historically sees upwards of 40% of its total annual flows in Q4. iShares' fixed-income ETF assets now stand at over $1 trillion, nearly 40% higher than at year-end 2021. And Aladdin. Third quarter revenue of $5.2
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%
Sarah Rundell of Top1000funds reports AIMCo talks total portfolio approach, private credit, and risk: Alberta Investment Management Corporation, AIMCo, the $160 billion asset manager for pensions, endowments and insurance groups in Canada’s western province, is developing a total portfolio approach in private assets.
is shaking up the top ranks of management, creating a new global product strategy group led by Stephen Cohen that will latch onto the global growth of exchange-traded funds and combine active and index strategies. billion in a major push into alternative assets. BlackRock shares fell slightly at 7:05 a.m. in early New York trading.
net return for first half of 2023: TORONTO - The Ontario Teachers’ Pension Plan Board says it earned a net return of 1.9 The pensionfund’s total net assets stood at $249.8 The growth came as the fund earned a 12-month total-fund net return of 4.8 1 the plan was fully funded with a $17.5-billion
In the first quarter, our funds reported steady appreciation overall, highlighted by strength in infrastructure, credit, and our multi-asset investing platform, BXMA. Our long-term capital provides the flexibility and firepower to invest while affording us the patience to sell assets when the time is right.
The 2020 Covid recession was deep and certainly a stress test the asset class unquestionably passed, but it was also short-lived. A combination of our scale, certainty of assets, and our long investment horizon make us uniquely positioned as a global investor. trillion today, with nearly $700 billion being deployed in North America.
Mathieu Chabran is the co-founder of TIKEHAU Capital, a Paris-based alternative asset manager. They run over $40 billion worth of assets. I don’t know how relevant that is to asset management, but let’s talk a little bit about you were doing before you were being lauded by the French president. Well guess what?
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.
The transcript from this week’s, MiB: Ken Kencel, Churchill Asset Management , is below. BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest, Ken Kencel of Churchill Asset Management, CEO, Founder, President. This is really a fascinating story. Ken Kencel, welcome to Bloomberg.
Today, we are announcing two transformational changes in anticipation of the evolution we see ahead for the asset management industry and for the entire global capital markets. We've spoken throughout the year about what conditions we'd expect to bring investors out of cash and into risk assets.
Clients entrusted us with over 80 billion of net new assets. It was 150 billion of flows, excluding episodic client activity. trillion in assets under management, 10.6 Investors waiting in cash have missed out on significant equity market returns over the last year, and more investors are stepping back into risk assets.
Amanda White of Top1000funds reports perfect score sees Norway take out top spot on transparency: 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 2024 findings, scoring a perfect 100 out of 100.
Ralph Berg, chief investment officer at OMERS for nearly two years, brings a fresh perspective to pensionfund management with a history and work pedigree different to what you might expect from a Canadian fund investment boss. Amanda White reports. It is efficient as a vehicle and very swift, Berg says.
trillion of AUM today, the largest alternative asset manager in the world and why I believe we will continue to achieve strong growth in the future. This network effect sets Blackstone apart in the asset management area, underpins the strength of our brand, acts as an accelerant for the firm's overall growth. billion valuation.
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