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
Momentum is building, in part, thanks to Swisscantos latest launch: the Private Equity Switzerland Growth II L-QIF fund. A Swisscanto spokesperson confirmed that several pensionfunds have already committed. Still, some consultants remain optimistic. The vehicle targets CHF150m (160m) for a first close in Q3 2024.
The strategy reached $1.8bn in investable capital at first close, positioning AlbaCore to expand its footprint in the European private credit space. Founded in 2016, London-based AlbaCore manages $9bn in assets on behalf of global pensionfunds, sovereign wealth funds, insurers, consultants, family offices, and endowments.
GSAM has committed $150m of its own capital to the fund, which will primarily target senior lending opportunities but retain the flexibility to provide junior debt when needed. The fund aims to generate net returns of 8% to 10% on an unlevered basis, with levered investments expected to deliver around 13%.
Alchemy Partners closed its latest fund, Alchemy Special Opportunities Fund V, securing 1bn in capital commitments and surpassing its initial fundraising target. It includes institutional investors such as pensionfunds, sovereign wealth funds, financial institutions, consultants, and family offices.
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. Source: The National News Can’t stop reading?
Balbec Capital (Balbec), an alternative investment manager with over $16bn in platform assets, has held the final close of InSolve Global Credit Fund VI (IGCF VI), with over $1.7bn in commitments across the flagship fund and related vehicles. To date, the Fund has called 51% of capital commitments.
The fund attracted both new and existing investors, including sovereign wealth funds, pensionfunds, insurance companies, consultants, and multi-family offices. The previous iteration of the fund closed in 2022 with over $1.5bn in commitments. The fund has already called 51% of capital commitments.
Shore Capital Partners has closed its inaugural Healthcare Advantage Fund , second Business Services Partners Fund (“Business Services Fund II”), and first Shore Search Partners Fund (“Search Fund”). The three new funds exceeded their targets and represent over $1.9
NorthWall Capital (“NorthWall”), a leading credit investment firm delivering private capital solutions to counterparties in Western Europe, today announces the final close of its flagship NorthWall European Opportunities Fund II and associated vehicles (“NWEOF II” or “the Fund”), attracting more than €640m in investor commitments.
Equity and debt investor Comvest Partners has closed its sixth flagship private equity fund, Comvest Investment Partners VI LP, with total capital commitments of $881 million. Like its earlier funds, Fund VI will… This content is for members only.
The Oklahoma Firefighters Pension & Retirement System has committed $20m to Schroders Capital Private Equity Global Direct IV, according to a report by Pensions & Investments. It was approved during a board meeting on 17 May.
Hoop Capital Metrika SGR S.p.A. KGaA Pariter Partners Athos Partners Gradiente SGR SpA Anima Alternative Selinca AV Opera Capital Partners Rothschild & Co. KGaA Pariter Partners Athos Partners Gradiente SGR SpA Anima Alternative Selinca AV Opera Capital Partners Rothschild & Co.
Palm Beach Capital has held an above target close of its sixth private equity fund, Palm Beach CapitalFund VI LP, with more than $350 million of capital exceeding its target of $275 million.
billion in assets as of March 31 across investments in capital markets, private equity, real estate, infrastructure, natural resources and credit. Again, I caution readers not to generalize as Canada's large pensionfunds have the right approach and are very selective in the deals they enter. The system managed about C$264.9
NorthWall Capital, a credit investment firm delivering private capital solutions to counterparties in Western Europe, has held the final close of its flagship NorthWall European Opportunities Fund II and associated vehicles, with more than €640m in investor commitments.
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. 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.
Funds are hedging their bets on a cleaner planet. Despite conservative disdain for environmental, social and governance (ESG) initiatives -- or "woke" capitalism, as they call it -- one research project found climate change remains a chief concern when asset managers choose not to invest in portfolio companies, the Financial Time s reported.
Kohlberg & Company (Kohlberg), a private equity firm specialising in middle market investing, has held the final closing of its 10th private equity fund, Kohlberg Investors X (Fund X), with $4.3bn in capital commitments. Kohlberg has also raised an additional $1.0bn in commitments for dedicated co-investment vehicles.
He was the long-time chair of the Toronto Port Authority and, earlier in his career, advised a committee of Canada’s Senate on issues that included the creation of major public-sector pensionfunds such as the Public Sector Pension Investment Board. Still, I will wait to read the final report to see what Mr. Poirier has to say.
The fund will continue Kreos’ investment strategy of providing loans to high-growth companies across EMEA, with a particular focus on the Technology and Healthcare sectors. Consistent with prior funds, Kreos VII will target investments in companies at every stage of their growth life cycle and can make investments from €2m up to €100m.
Texas-based private equity firm Trinity Hunt Partners has closed its latest fund, Trinity Hunt Partners VII, (Fund VII) at its hard cap of $700m in capital commitments, which was oversubscribed and had fundraising completed in under five months.
This represents a 34% increase in size from its predecessor fund, Rubicon Technology Partners III, which closed in 2020. Capital sells $1bn revenue firm Recochem to CapVest H.I.G. Capital ("H.I.G.") Capital ("H.I.G.") Source: CISION PR Newswire Can’t stop reading? Read more H.I.G based kids' digital reading.
Nevertheless, access to capital to finance projects of this scale represents a challenge for the various communities. The MCK will engage with interested Indigenous communities that wish to explore this opportunity to meet their capital needs. Its our territory where the projects will be built. These are our resources.
Palm Beach Capital (PBC), a West Palm Beach, Fl-based middle market private equity firm, closed its sixth fund, at over $350M, surpassing its target of $275M. The fund will continue […] The post Palm Beach Capital Closes Its Sixth Fund, at Over $350M appeared first on FinSMEs.
Middle-market private equity and credit investment firm Comvest Partners has closed its sixth flagship private equity fund, Comvest Investment Partners VI (CIP VI), with total capital commitments of $881m. CIP VI attracted commitments from foundations, insurance companies, pensionfunds, asset managers, consultants and family offices.
Additionally, the firm raised $1 billion in commitments for co-investment vehicles dedicated to investing alongside Fund X. We are humbled by the enthusiasm expressed towards the firm as experienced stewards of capital over our nearly four-decade history.” “We Kohlberg’s previous fund, Kohlberg Investors IX LP , closed with $3.4
Data from the first half of the year from Invest Europe, the association representing Europe’s private equity, venture capital, and infrastructure sectors, as well as their investors, shows a drop in activity amid challenging economic and market conditions.
Yukon Partners, a Minneapolis, Boston, and West Palm Beach based private equity firm, closed Yukon Capital Partners V, L.P., and its associated parallel funds with total commitments of $765.2m. Fund V will provide mezzanine […] The post Yukon Partners Secures $2.6
Fred has basically always been a VC, Mike was a reporter, and Jim worked in product marketing and management consulting. The point is, someone building a career in venture capital that doesn't include prior entrepreneurial success probably doesn't look like they have much to offer in the beginning.
billion, delivers customized and multi-asset solutions across public and private markets to clients in North America, Europe and Asia Fiera Capital stock has added 25.38 billion, delivers customized and multi-asset solutions across public and private markets to clients in North America, Europe and Asia Fiera Capital stock has added 25.38
The Louisiana State Employees Retirement System (LASERS), based in Baton Rouge, has approved $225m in new private equity commitments as part of its ongoing efforts to bolster private market investments, according to a report by Pension & Investment Online. As of 30 September, the funds actual allocation stood at 21.5%.
“It will come under a different guise, it’ll be said, ‘you should invest more in Canada’, ‘you should invest more in infrastructure’, ‘we should let people have access to their capital earlier’, or whatever excuse may be the fact of the day. If the government went into your bank account and took that money, you’d be up in arms.
The strip sale involved more than 60 international PE funds and co-investments, according to CDPQ’s annual report. Peter Dubens, co-founder of Oakley Capital – one such GP – said the growth of the secondaries market is a healthy development and has made private equity more liquid. “If We would have no issue with that.
.” These are typically the ability to attend board meetings, the ability to have access to financial reports on a regular basis, and the ability to advise and consult with the management of the company. The existence of these letters has everything to do with where the venture capital firms get their funds from.
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 pensionfund that is the most invested, in the world, in its local economy.” More than ever, Canada’s largest pensionfunds are being pressed to play the same role in the rest of the country.
Thousands of small business owners are approaching retirement age and looking for ways to exit their firms, presenting an opportunity: Selling to employees is one way to keep capital rooted locally. Blue Wolf Capital declined to comment on the record about the ownership program. When he quit last year, his shares were worth nothing.
The bank, which has an initial $3 billion funding, will seek to develop new long‐term care homes, energy infrastructure, affordable housing, municipal and community infrastructure and transportation. There is tons of private capital available in the market that can be channeled into these projects if designed and structured appropriately.”
That's more than half of the fund's estimated total net assets. The third-party report, compiled by consultant LifeWorks, attributes the figure to Alberta's high employment rates, young population, and higher pensionable earnings, which it claims has meant the province has sent billions more into the CPP compared to what it has received.
For more information, visit cdpq.com , consult our LinkedIn or Instagram pages, or follow us on X. Levio currently has nearly 2,000 consultants working in 12 offices in Canada, the United States, Morocco, India and France. As part of this transaction, Desjardins Capital Markets acted as Levio’s exclusive financial advisor.
In 2023, his team generated C$9 billion in liquidity, including roughly C$6 billion from selling direct investments and receiving dividend recapitalisations, and around C$3 billion from selling PE fund stakes in the secondaries market. Private equity is the asset class that takes the most risk at a pensionfund.
trillion professional pension sector, with some funds holding almost half their assets in private markets. Since 2021, the regulator has pushed the sector to improve how it values assets that range from venture capital to office blocks. Private assets are popular in Australia's A$2.4 The suit was filed in the 5th U.S.
For more information, visit cdpq.com , consult our LinkedIn or Instagram pages, or follow us on X. Constructive capital, which aims to combine performance and progress, is our investment philosophy. Together, we are moving forward on mobilizing private capital around concrete solutions to accelerate the transition.
CPPI's investment is mostly in the form of capital that Amsterdam-based Power2X can use to develop new projects in Europe that seek to decarbonise hard-to-abate industrial assets by adopting green hydrogen. European industry is already using enormous amounts of hydrogen. The initial focus is actually on replacing the grey with the green."
Freschia Gonzales of Benefits and Pensions Monitor reports CDPQ and Chinook launch platform to invest in Pacific Northwest forestland: CDPQ and Chinook Forest Partners have launched a new investment platform to build a diversified portfolio of forestland in the Pacific Northwest, US.
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