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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 pensionfund Caisse de Dpt et Placement du Qubec (CDPQ), oil major Shell Plc, infrastructure investor IFM Investors, and Koch Industries.
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
Structured secondaries products such as this one repackage anticipated fund cash flows into rated tranches with varying levels of risk and return, appealing to insurers and pensionfunds seeking capital-efficient alternatives to direct LP exposure. Asset managers are responding swiftly to the trend. Can`t stop reading?
Since then, it has funded bolt-on acquisitions including Wellframe and Altruista Health to expand the business. Minority investors including Coatue Management are also set to sell their stakes in the deal. The firm manages $185bn in assets and owns Zelis, a leading healthcare payments business. Can`t stop reading?
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.
Australia’s third-largest pensionfund will officially open its first overseas outpost in London in November, a senior company official said, pushing for more private market investments as the sector outgrows the confines of home. Aware Super, with A$160 billion ($102 billion) in assets, will set up in the district of St.
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. Read more here. Read more here.
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.
Dutch pensionfund PFZW has completed a $3.02 billion) divestment of stakes in fossil fuel companies, leaving only seven oil and gas firms in its portfolio. The pensionfund is targeting 50 percent absolute carbon reduction by 2030 for equities, liquid credit and real estate, she noted. billion (EUR 2.8 Raízen S.A.,
Enlightenment Capital Solutions Fund V exceeded its initial target of $600m and its original hard cap of $750m, reflecting strong investor demand from a diverse pool of investors, including pensionfunds, asset managers, endowments, family offices, and insurance companies.
According to a recent release, this brings Ardians Secondaries & Primaries assets under management to $97bn. The LP base includes major pensionfunds, insurance companies, sovereign wealth funds, financial institutions, and high-net worth individuals.
Chris Witkowsky of Buyouts reports Canadian giant PSP Investments shops $1 billion-plus portfolio: PSP investments is shopping a large portfolio of fundstakes that could total up to around $1.5 billion, according to sources and confirmed by the pension system in a statement to Buyouts. The system managed about C$264.9
The Australian Retirement Trust, a pensionfund valued at AUD260bn ($174bn), plans to increase its private credit allocation over the next year, targeting opportunities in Europe and North America. To build its exposure to the asset class, ART plans to blend external managers with its internal team.
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.
L Catterton, the private equity firm backed by luxury French fashion house LVMH, is looking to sell its stake in Saudi Arabian gourmet food producer and restaurant chain Bateel, according to people familiar with the matter. Read more BlackRock Unveils Climate Policies for $150bn in Funds BlackRock Inc.
Buyout firm EQT AB is teaming up with Germany’s richest man to acquire a 35% stake in German bus and train operator Flix SE. Switzerland-based Kühne Holding owns a majority stake in Kühne+Nagel International AG and is the largest single shareholder of Hapag-Lloyd AG, Deutsche Lufthansa AG and Brenntag SE.
Peru LNG’s (PLNG) assets include a liquefaction plant, a 408km pipeline, storage tanks, a marine terminal and a truck-loading facility. Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up PLNG’s assets include a liquefaction plant with a capacity of 4.45 has raised A$2.6
The company's total allocation is spread across several of these ETFs, featuring a $238 million stake in BlackRock 's iShares Bitcoin Trust. As of June 10, over half of the top 25 most valuable hedge funds in the United States were exposed to Bitcoin via the spot ETFs. Another compelling feature of Bitcoin is its decentralized nature.
Swiss Life Asset Managers has launched its first open-ended private infrastructure fund, Swiss Life Funds (LUX) Privado Infrastructure S.A., With a recommended investment horizon of at least seven years, the fund complements existing investments across asset classes like cash, bonds, equities or real estate.
I Squared Capital is considering selling a minority stake in Think Gas Distribution Pvt. The private equity firm is working with an adviser to sell as much as a 30% stake in Think Gas, said the people, who asked not to be identified as the information is private.
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.
The report cites unnamed individuals familiar with the situation as revealing that the pensionfund, which oversees state pensions and other assets, aims to reduce its exposure to higher-yielding opportunistic credit strategies and shift focus towards more stable, mainstream direct lending.
BCI announced today a significant minority equity stake in Broadstreet Partners: On April 10, 2025, BroadStreet Partners (the Company) announced that BCI, Ethos Capital, and White Mountains Insurance Group, Ltd. will acquire a co-control ownership position in the Company, alongside current investor, Ontario Teachers Pension Plan.
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 market for secondary sales of private equity (PE) stakes is experiencing unprecedented activity this year as investors look to exit ageing assets due to a cash crunch and a slowdown in dealmaking, according to a report by the Financial Times.
The Australian Retirement Trust, a pensionfund valued at AUD 260bn ($174bn), plans to increase its private credit allocation over the next year, targeting opportunities in Europe and North America. To build its exposure to the asset class, ART plans to blend external managers with its internal team.
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.
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 per-cent stake in Maple Leaf Sports & Entertainment, the owner of Toronto’s professional hockey, basketball, soccer and football teams. More on that below.
Aldar Properties is continuing its foray outside the Middle East with a $111 million co-investment with private equity firm The Carlyle Group in logistics and storage assets across Europe. billion investment plan to develop a range of income-generating assets in Abu Dhabi. Billion for Australia Private Credit Fund Ares Management Corp.
Layan Odeh of Bloomberg reports CPPIB plows at least $5 billion into private equity in three months: Canada Pension Plan Investment Board poured at least $5 billion into private equity in the last three months of 2024 as the asset class regained appeal. Canadas largest pension notched a 3.8% The investments included a 24.5%
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.
US institutional investors are offloading their private equity holdings at slashed prices, reflecting a broader trend of reducing exposure to the illiquid asset class, with pensionfunds and endowments leading the charge, according to a report by the Financial Times.
The transaction, which is expected to close in the first half of 2024, subject to the completion of customary closing and regulatory approvals, comprises a cash payment of $430m and as well as a stake in the acquiring company, valued at around $80m. Read more Canada’s Top PensionFunds Embark on Major Private Credit Expansion with C$1.3
Layan Odeh of Bloomberg reports Ontario Teachers CEO sees chance to snap up cheap European assets: Ontario Teachers Pension Plan is turning more attention to European markets as other investors remain fixated on the U.S., The Toronto-based pensionfund had 17% of its investments in Europe, including the UK, as of the end of 2023.
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. per share on January 31.
Graf remains cautiously optimistic about the deal pipeline, despite the difficulties encountered by firms including Silver Lake and Brookfield Asset Management last year in completing transactions. The new fund comprises around A$850 million from investors and the balance in loans from Sumitomo Mitsui Banking Corp. and Citigroup Inc.
Iberdrola will have a majority stake of 51% in the assets. Under the terms of the agreement, the valuation of 100% of the 674 MW now incorporated amounts to €627 million, excluding extra margins for asset management, provision of operation and maintenance services, as well as other corporate services. billion) in assets have.
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.
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
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.
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.
Investors in NPV ESG include KLP, a German occupational pensionfund, and a large Nordic pensionfund. The fund’s projects will be backed by long-term stable cashflows, backed by robust, credit-worthy PPAs leveraging the team’s OECD-based PPA expertise, as well as regulated revenues.
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.
Laura Benitez and Nishant Kumar of Bloomberg report hedge funds draw pension money to riskiest corner of a $1.3 trillion credit market: A high-stakes trade in the riskiest corner of a $1.3 billion in assets, said the attraction of low default rates for leveraged loans, estimated at 1.5%-2%
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