Remove Buyout Remove Liabilities Remove Pension Funds
article thumbnail

BoE seeking better tools to monitor buyout giants and hedge funds

Private Equity Wire

When pension fund managers faced margin calls tied to liability-driven investments (LDIs) following the collapse in gilt prices, the central bank had to intervene to stabilise the market. “We Bailey also urged other central banks to introduce similar emergency measures for non-bank institutions to prevent future systemic crises.

article thumbnail

CPP Investments Aims to Double Credit Holdings Over Next Five Years

Pension Pulse

Paula Sambo of Bloomberg reports Canada pension fund's credit head wants to take advantage of leveraged buyout boom: Canada’s largest pension fund 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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

OMERS to Stop Making Direct Private Equity Investments in Europe

Pension Pulse

Gillian Tan, Swetha Gopinath and Layan Odeh of Bloomberg report OMERS to stop making direct private equity investments in Europe: The Ontario Municipal Employees Retirement System will stop making direct private equity investments in Europe as the pension fund overhauls its operations there, according to people familiar with the matter.

Buyout 59
article thumbnail

A Discussion With Blake Hutcheson and Jonathan Simmons on OMERS' Mid-Year Results

Pension Pulse

The pension fund had solid returns from its portfolio of public stocks, which gained 10.4 But stocks make up only 19 per cent of the pension fund’s assets after it shifted billions of dollars from equities into government bonds and credit investments, seeking to take advantage of high interest rates. dollar to earn a 4.4-per-cent

article thumbnail

A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

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. Public Equities include absolute return strategies and related investment liabilities. per cent return.

article thumbnail

Transcript: Michael Fisch

The Big Picture

But there came to be, in certain situations, buyers that were bootstrap, buyers that were, we would call ’em today, they then leveraged buyout financiers. And the institutional investors often are thinking if you’re a big state pension fund, I want 10%, 20%. And now we call it the private equity industry.

article thumbnail

Transcript: Mathieu Chabran

The Big Picture

Private equity at the time was only about buyout and LBO. But I also learned along the way that you rarely die, I mean as a company, from your P&L or from your assets, but you always die from your liabilities. Coming back to my comment, again, it’s your liability side. Great opportunity for us.

Banks 59