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
return in 2024, boosted by private equity and stocks The Healthcare of Ontario Pension Plan (HOOPP) posted a 9.7% The pensionfund’s net assets grew to $123bn as of December 31, up from $112.6bn in 2023. Infrastructure assets also performed well, with a 12.3% HOOPPs public equities portfolio delivered a 17.9%
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.
The fund aims to generate net returns of 8% to 10% on an unlevered basis, with levered investments expected to deliver around 13%. Read more: [link] Ares Management Corporation announced that its Ares European Strategic Income Fund (AESIF) has exceeded 2.2bn in assets under management within its first full year. reaching its.
Six of Canada’s biggest pensionfunds managing C$1.3 billion) in assets have begun a major expansion into private credit, moving into an area previously dominated by banks. Once a niche asset class, data provider Preqin predicts assets under management will hit $2.8 billion) in assets have.
New Forests, a global sustainable investment manager, has raised 410m in the first close of its latest fund, focused on climate and forestry initiatives. The fund, supported by European investors such as pensionfunds, insurers, and family offices, aims to reach a final target of 600m.
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?
Buyout firms have long relied on controversial loans backed by equity stakes to enhance fund returns, but growing investor criticism has triggered a slowdown, according to a report by Bloomberg UK. This shift partly reflects a rebalancing of power, enabling LPs in private equity funds, such as pensionfunds to exert influence over GPs.
Aviva Investors, the global asset management business of Aviva, has launched its third fund under the Long Term AssetFund (LTAF) regime with the creation of the Aviva Investors Multi-Sector Private Debt LTAF (MSPD LTAF).
baby boomers are a generation that's shaped society at every turn, and their personal finance habits are no different. This shift is revolutionizing how boomers manage their finances, making it easier to keep tabs on investments and spending in real time. Image source: Getty Images With 76.4 million individuals in the U.S., of all U.S.
Mubadala Investment Company , Abu Dhabi’s sovereign investment arm, has formed a strategic partnership with New York-based alternative asset manager Blue Owl Capital as it seeks to co-invest in private credit opportunities amid a tightening monetary environment around the world.
The fund, already 45% deployed, marks a major milestone in the firms asset-based finance strategy. Specializing in high-yield, short-duration investments, the fund focuses on receivables, small business, consumer, and hard assets.
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up HBC said it will establish Saks Global, a combined entity of Saks Fifth Avenue, Neiman Marcus and other luxury retail and real estate assets. Read more BlackRock Unveils Climate Policies for $150bn in Funds BlackRock Inc.
In the past 10 years, the total value of the cryptocurrency asset class has grown significantly from around $12 billion to almost $1.7 Throughout this evolution, one asset has risen to become the epitome of a cryptocurrency and is unequivocally the most robust, resilient, and valuable asset on the market today. trillion today.
Given the funding needs for financing data centers and energy transition, there’s room to grow to hit the $25 trillion mark, Michael Zawadzki, Blackstone Credit and Insurance’s global chief investment officer said Friday in an interview with Bloomberg Television. tied to assets including microchips.
Novo Holdings, a leading international life science investor, today announced it has participated in a $290m strategic financing round of Sangon Biotech. Tracey Wang, CEO of Sangon Biotech, said: “I am very pleased that the financing round attracted this many reputable institutional investors.
A $30 billion fund launched by the United Arab Emirates with the declared goal of funneling billions of dollars into climate finance is readying its next round of investments. and Brookfield Asset Management Ltd. Hedge fund billionaire Ray Dalio has called Alterra a “wonderful template” for others to copy.
Reuters reports that Canadas BCI to buy BBGI infrastructure fund in US$1.32-billion billion deal: Canadas BCI, one of the countrys largest asset managers, will buy BBGI Global Infrastructure S.A. billion all-cash offer from Canadian pensionfund manager British Columbia Investment Management (BCI). billion ($1.32-billion),
The 20-year successor fund aims to contribute to increasing the resilience of the region with a focus on renewable energy generation, energy demand reduction, and social as well as transport infrastructure investments in the Baltics and Poland. The fund is an Article 9 fund under the EU Sustainable Finance Disclosure Regulation.
Oak Hill Advisors (“OHA”) served as a Lead Arranger for the unitranche financing to fund Bain Capital Private Equity’s (“Bain Capital”) acquisition of Harrington Industrial Plastics (“Harrington”) from Nautic Partners.
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up The fund, which has so far backed five businesses and expects to add another 50 to its roster, attracted commitments from endowments, foundations, pensionfunds, family offices and HNWIs. billion) in assets have.
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
trillion of assets under management supporting defined benefit and defined contribution plans, PGIM serves more than half of the world's 300 largest pensionfunds. We maintain a AA rating, which reflects a healthy capital position, including more than $4 billion in highly liquid assets at the end of the third quarter.
Derek Decloet and Christine Dobby of Bloomberg report Canada taps ex-BOC governor to examine how pensionfunds invest: Canada’s finance minister has asked former central bank governor Stephen Poloz to examine ways to entice its pensionfunds to invest more in the country. The government is also setting aside $4.1
That company came to be one of the fund’s crown jewels and the single biggest in its portfolio. But last year, Taylor took authority for most future real estate investments away from Cadillac Fairview and brought them in-house, just like the plan’s other asset classes.
Brosseau and his firm helped bring national attention to the debate over where Canada’s pensionfunds should be investing by penning an open letter last month to Finance Minister Chrystia Freeland , urging policymakers to alter the rules for pensions to “encourage them to invest in Canada.”
In a statement on Sunday, the retailer said it had reviewed the unsolicited offer, but found that Arkhouse and Brigade had not provided sufficient information to address its concerns around their ability to finance the proposed transaction. Source: Yahoo Finance Can’t stop reading? billion) in assets have. trillion ($965.47
Allegro Funds as it acquired fuel retailer Gull New Zealand; and BGH Capital’s payments platform Pushpay, the firm said. Financing of leverage buyouts in Australia and New Zealand has typically been done through banks due to the lack of an institutional capital market for high-yield borrowers. and Citigroup Inc. has raised A$2.6
Fund VI, which is the largest fund dedicated to investing across the food and agribusiness value chain, attracted a diverse array of real asset, private equity and impact-oriented investors, including pensionfunds, sovereign wealth funds, endowments/foundations, family offices and other investors.
IRA Capital, a private equity firm based in Southern California, has recently announced the launch of the IRA Healthcare Real Estate Fund. The closed-end fund, with a total capitalization of $500m, will focus on acquiring medical properties and senior housing assets across the United States. for its investors.
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.
Two of Australia’s largest pension investors pledged to pour $19bn into UK and European markets in coming years, as the industry increasingly looks for opportunities overseas. trillion pension industry, known locally as superannuation, which has increased assets invested overseas in recent years. Source: Yahoo!
Ziply is currently owned by a group of private equity funds led by Searchlight Capital, and to fund its purchase, Montreal-based BCE will use $4.2-billion telecom-focused private equity fund WaveDivision Capital, LLC. Pacific Northwest, with operations and assets in Washington, Oregon, Idaho, and Montana.
Orion Resource Partners, a global investment firm specialising in metals and materials, has sold an 8% minority interest in Sweetwater Royalties, a private industrial minerals royalty company, to a Canadian pensionfund for $100m.
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.
Goldman Sachs Asset Management closed its purchase of Norwegian e-learning platform Kahoot! ASA in January with funding from Denmark’s Kirk Kristiansen dynasty, the owners of Lego Group. Source: Yahoo Finance Can’t stop reading? Darren Allaway, a London-based managing director in Goldman Sachs Group Inc.’s
Star Mountain Capital, LLC (Star Mountain), a private credit and secondaries specialist investment firm with approximately $3.75bn in assets under management, has closed its Value-Added Direct Lending Fund IV above its $750m LP capital target at approximately $1.2bn.
Consistent with their predecessors, these new funds enable OrbiMed to invest globally, from seed stage for start-ups incubated by OrbiMed through growth capital opportunities. OrbiMed works closely with its portfolio companies to provide tailored financing solutions, which can include equity, credit and royalty-based financing.
The board of the California Public Employees’ Retirement System (Calpers), the largest US pensionfund, is has voted to up its exposure to private equity and private credit by a combined $34bn in a bet that riskier asset classes will generate higher returns than stocks, according to a report by Bloomberg.
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.
Considered an accomplished businessman and pioneer of climate finance in India, he was in principle responsible for ensuring the good governance of the organization. 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 pensionfunds.
Bloomberg reports OMERS hires partner of Temasek-backed fund as Global Head of Private Equity: The Ontario Municipal Employees Retirement System hired Alexander Fraser, a former partner of a Temasek-backed fund, as the global head of its private equity arm. billion) in assets. He starts March 17. billion ($19.1
Global alternative asset manager Ares Management Corporation, has closed its latest private credit fund at $34bn, making its the largest private credit fund ever raised, and reflecting a of high level investor demand for the asset class. ”
The Enhanced Return Debt Fund (ERDF) has received significant seed capital from Generali Group and strong support from recurring investors. Five seed assets have already been executed, with a total value representing circa, including capital deployment in the renewable space providing €125m of financing for an Italian solar IPP platform.
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