The Motley Fool

OCTOBER 31, 2023

Over the past 36 years, Burgiss has created greater private asset transparency while serving institutional investors such as pension funds, endowments, foundations, and family offices. Having said that, we do, as I commented, believe that there is nice operating leverage, positive operating leverage in Burgiss given what they do.

Assets 100

Assets Hedge Funds Capital Leveraging 100

Pension Pulse

JUNE 20, 2023

Importantly, no other large Canadian pension fund has allocated as much to Credit as CPP Investments (or Private Equity which makes up 33% of of its total assets). leveraged loans and emerging market bonds. They are really leveraging their comparative advantages in that franchise in the mid market LBO, that's for sure.

Investing 52

Investing Leveraging Banks Debt 52

The Motley Fool

SEPTEMBER 17, 2023

They said, hey, if you're involved, chill the auction and no one wants to bid, and so you can't even show up. Much of their language is going to be around leverage and accounts receivable and gross margin. Their structures are built by their customers who are the limited partners by and large mostly its pension funds.

Due Diligence 130

Due Diligence Capital Mergers and Acquisitions Public Companies 130

The Big Picture

NOVEMBER 8, 2022

I remember once, one of my colleagues says that a friend, one of the French Lazard Frerers partners was asked by a sort of junior, “How much should we tell our client to bid?” pension funds engaged in to the tune of hundreds of billions of pounds. And to make things more interesting, they use leverage too.

Finance 59

Finance Financing Banks Hedge Funds 59

The Big Picture

SEPTEMBER 19, 2022

WENGER: It was a very, very lucky landing for Tumblr, because Yahoo really was the only bidder and they were bidding against themselves, but they didn’t really know that. is about broadening access to knowledge, capital and well-being by leveraging existing networks and protocols, and building trusted brands.

Venture Capital 122

Venture Capital Capital Funds Startups 122

The Big Picture

MARCH 5, 2024

For me, I sat mostly in their internal, really an internal hedge fund. They borrowed money at live bid at the time. You’ve talked about pensions are now facing illiquidity issues because private equity and venture capital have gates up a lot, a lot of long-term tie up. So it was their excess cash. Oh, really?

Capital 59

Capital Hedge Funds Banks Assets 59

The Big Picture

FEBRUARY 13, 2023

You know, people are comfortable, leverage builds. RITHOLTZ: You hit the bid before — RIEDER: Well, yes. Which is run by many insurance companies, pension funds who use Aladdin, and it’s a commercial enterprise for the firm. Didn’t it start as a bond shop, catering to pension funds and foundations?

Hedge Funds 59

Hedge Funds Education Funds Banks 59

The Big Picture

SEPTEMBER 10, 2024

We have institutional clients, we have retail clients, we have, you know, pension funds, we have endowments. Now what we did trade well was our defensiveness and our quality bid, staying away from small caps. There is still excess leverage in the system that I’m not sure how that’s gonna be resolved necessarily.

Companies 64

Companies Investing Pension Funds Assets 64

Private Equity Insights

DECEMBER 13, 2023

Fund III will continue Ara’s strategy of investing in the decarbonization of the industrial economy, the greatest source of carbon emissions globally. Rede Partners acted as placement agent, and Debevoise & Plimpton LLP served as legal counsel in the formation of Fund III. Source: CISION PR Newswire Can’t stop reading?

Funds 130

Funds Bidding Private Equity Firms Private Equity Firms 130

Pension Pulse

JANUARY 24, 2024

It allows us to further leverage our subsidiaries' deep real estate expertise and the best talent in corporate services from all three organizations to execute our strategy and position CDPQ well for the future. The move follows a similar initiative by Ontario Teachers' Pension Fund, announced last June.

Pension Funds 59

Pension Funds Best Practices Leveraging Legal 59

The Big Picture

SEPTEMBER 23, 2024

But, but I think if I was to go back through my career, that moment in time, you know, when there is this big wave coming, because it was the start of the high yield market, the leverage loan market grew dramatically, you know, from 200 billion in the mid nineties to $5 trillion today, high yield and leverage loans. And still growing.

Debt 59

Debt Leveraging Banks Leveraged Buyouts 59

Pension Pulse

AUGUST 28, 2024

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.

Investing 59

Investing Pension Funds Bidding Stakes 59

The Big Picture

JANUARY 24, 2023

And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school. KLINSKY: In 1979, it was the first leveraged buyout of a public company. We had sold the family business, maybe buy another family business one day through a leveraged buyout. So I’m proud of our role in it.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

Pension Pulse

APRIL 24, 2024

He added: “ADQ’s existing portfolio of infrastructure assets, many of which are emerging as national champions, will serve as a catalyst to leverage significant potential of public-private partnership projects together with Plenary, a leader in its field with a proven track record of delivering successful infrastructure projects globally.”

Stakes 59

Stakes Pension Funds Bidding Shareholders 59

Pension Pulse

AUGUST 24, 2023

A month ago, Eliyahu Kamisher of the Los Angels Times reported that CalPERS pension fund posts 5.8% gain in its latest fiscal year as the stock market rally and private debt buoyed the largest traditional public pension fund in the United States. pension fund, has yet to release its fiscal 2023 results.

Pension Funds 52

Pension Funds Debt Assets Banks 52

Pension Pulse

SEPTEMBER 12, 2023

At C$146 billion, equivalent to a quarter of the entire C$575 billion pension fund for some 21 million Canadians and forecast to grow bigger every year, Kim leads a program that is also heading into unchartered territory. Most were on the fund's private equity team and were informed early last month, according to two of the people.

Portfolios 69

Portfolios Pension Funds Due Diligence Investing 69

Pension Pulse

DECEMBER 12, 2023

for many years in the hope of acquiring it one day, but the Audet family, which controls both entities, rebuffed its overtures — including a hostile bid in 2020. We’re tracking six months ahead on our deleveraging priorities and we’re committed to reducing our debt leverage ratio even further.” Rogers held large stakes in Cogeco Inc.

Stakes 59

Stakes Leveraging Bidding Debt 59

Pension Pulse

MAY 23, 2024

But what’s even more relevant, he says, is that with $88 billion now invested in a province with a GDP of nearly $500 billion, “the Caisse is the pension fund that is the most invested, in the world, in its local economy.” More than ever, Canada’s largest pension funds are being pressed to play the same role in the rest of the country.

Pension Funds 59

Pension Funds Stakes Banks Finance 59

Pension Pulse

JULY 24, 2024

The success of this monetization plan should be part of the Harvard Business Review case study so other large pension funds and sovereign wealth funds can mimic it. million of its shares from the Caisse at a discount for proceeds of about $400-million, and the pension fund sold nearly 2.9

Pension Funds 59

Pension Funds Buyout Stakes Finance 59

Pension Pulse

AUGUST 23, 2023

It is for this reason that Canadian pension giant BCI finds itself in a rather enviable position. billion) public pension fund has spent much of the past decade using the secondaries market to cultivate a comparatively liquid portfolio of illiquid assets. billion; €158.2 We were very slow to get into venture capital and growth.

Pension Funds 40

Pension Funds Assets Debt Private Equity Firms 40

Pension Pulse

DECEMBER 18, 2023

CPP Investments invests in both public and private credit and credit-like products globally, leveraging its ability to provide scale, certainty of assets and a long investment horizon. A few Canadian pension funds (namely PSP) did the same thing back in 2008, seizing loans for pennies on the dollar and made great returns back then.

Stakes 59

Stakes Portfolios Investing Banks 59

Pension Pulse

MAY 24, 2023

In private credit, tightening credit conditions resulting from a handful of bank failures and rescues in the United States have opened up opportunities for non-bank players like pension funds, he said. Other categories affecting our total cost profile include taxes and expenses associated with various forms of leverage.

Investing 52

Investing Stakes Pension Funds Assets 52

The Motley Fool

APRIL 12, 2024

As markets improve, we remain committed to driving operating leverage and profitable growth. Looking forward, we'll continue to prioritize investments with differentiated organic growth potential or that will expand operating leverage through enhanced scale. Today, Aladdin is much more than that. Operator Thank you. Operator Thank you.

Performance Fees 130

Performance Fees Assets Leveraging Shareholders 130

Pension Pulse

NOVEMBER 11, 2024

He added that aside from who will ultimately run the fund, the biggest question AIMCo faces going forward relates to its mandate. She made the bid to get Alberta’s share of the Canada Pension Plan (CPP) managed in Alberta too,” Willis said. “So, So, Danielle Smith I think looks at AIMCo as a bit of a cookie jar.

Pension Funds 59

Pension Funds Consulting Consultants Finance 59

The Big Picture

NOVEMBER 25, 2024

This is implicitly leverage. Leverage is a tool that accentuates both the good and the bad. And you need to be aware of the leverage risk that’s embedded. I can port the alpha of this hedge fund on top of the s and p 500 instead of fishing in the same pond as everyone else. No derivatives, no shorting, no leverage.

Returns 59

Returns Mutual Funds Leveraging Hedge Funds 59

The Big Picture

OCTOBER 31, 2022

And it appears, at least, in the post-World War II period, they come about every 25 years, the Nifty Fifties, which was a period where institutions and pension funds bought just growth stocks. They got a lot of leverage. RITHOLTZ: Bidding wars are over. We have had these growth spurts of overvaluation through history.

Finance 59

Finance Financing Debt Banks 59