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
Japans PensionFund Association for Local Government Officials (Chikyoren) has selected four firms two from the US and two from Japan for a global private equity mandate, according to a report by Asia Asset Management. The pensionfund oversees assets totaling JPY37.58tn (approximately $237.9bn).
Founded in 2016, London-based AlbaCore manages $9bn in assets on behalf of global pensionfunds, sovereign wealth funds, insurers, consultants, family offices, and endowments. The firm is part of the First Sentier Investors Group and invests across private capital, dislocated credit, CLOs, and structured products.
It includes institutional investors such as pensionfunds, sovereign wealth funds, financial institutions, consultants, and family offices. The investor base for ASOF V is geographically diverse, with commitments from North America (45%), Europe (30%), and Asia-Pacific (25%).
Read more: [link] Balbec Capital closed its latest credit fund, Insolve Global Credit Fund VI, securing over $1.7bn in commitments, making it the firms largest fundraising cycle to date. Warren Spector, chairman of Balbec, highlighted the strong investor confidence in the firms approach, investment process, and analytics.
The fund attracted both new and existing investors, including sovereign wealth funds, pensionfunds, insurance companies, consultants, and multi-family offices. Warren Spector, chairman of Balbec, highlighted the strong investor confidence in the firms approach, investment process, and analytics.
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. Balbec anticipates additional capital commitments to the strategy to be finalised this year.
In recent years, it has stepped up its investment in health care, infrastructure, technology, mobility, clean energy and life sciences, and has teamed up with private equity companies, pensionfunds and other investors as it expands its portfolio of assets.
AIC’s findings back up independent studies showing the value of private equity to public pensionfunds. public pensionfunds representing nearly 34 million public sector workers and retirees. 88% – The share of public pensionfunds nationwide that invest a portion of their portfolio in private equity.
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. Fund VI received commitments from a range of limited partners including foundations, insurance companies, pensionfunds, asset managers, consultants and family offices.
It's a business insurance broker, a healthcare and retirement benefit plan manager, a reinsurance broker, and a consultancy firm rolled into one. It even has an "outsourced chief investment officer" segment to handle defined benefit pensionfunds for clients.
The commitment to the co-investment fund of funds was confirmed by Troy Brown, managing director at Mariner Institutional, who serves as the fund’s investment consultant. It was approved during a board meeting on 17 May.
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.
Palm Beach Capital has held an above target close of its sixth private equity fund, Palm Beach Capital Fund VI LP, with more than $350 million of capital exceeding its target of $275 million. Visit the site and log in/register to read.
The consulting firm Global SWF tracks all the important info about Sovereign Wealth Funds (SWFs) and Public PensionFunds (PPFs). Its an amazing collection of charts and data. The asset value peak was $33.6 trillion (USD) in 2021; that’s down only slightly to $31.4 trillion as of the end of 2022.
Commitments for Shore’s three new funds came from the firm’s existing investors and select new limited partners, which include university endowments, financial institutions, pensionfunds, insurance companies, funds of funds, and family offices.
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.
This article was written in late October and it confirms a trend we have been seeing since last year, namely, Canada's large pensionfunds are tapping into the secondaries market to get rid of underperforming fund stakes to shore up liquidity and diversify vintage year risk. percent, according to information from PSP.
The fund and associated vehicles surpassed the €500m target, was supported by new and existing global institutional investors consisting of pensionfunds, insurance companies, large institutional single and multi-family offices and private banks from Europe, North America and APAC.
But the reality behind investing motives is likely more nuanced: Research compiled by a collection of non-governmental organizations looked at 150 pensionfunds, banks, and insurance groups around the world and listed 4,500 companies that were excluded from many portfolios.
Last August, I passed the point at which I had spent literally half my entire life working in this asset class, having started at the General Motors pensionfund doing institutional investments in venture funds and late-stage directs back in February of 2001.
Over 125 investors participated as limited partners in Fund X, including public pensionfunds, financial institutions, endowments, consultants, corporate pensions, sovereign wealth funds, family offices and funds-of-funds, with commitments coming from investors in the United States, Canada, Latin America, Europe, the Middle East and Asia.
The fund drew support from institutional investors in North America, EMEA and France, including the European Investment Fund, which made a cornerstone commitment of €75m at first closing in November 2022, as well as large consultants, asset managers, banks, pensionfunds, insurance companies, sovereign and fund of funds.
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 attracted capital commitments from a global base of institutional investors, consisting of pensionfunds, insurance companies, large institutional single and multi-family offices and private banks from across Europe, North America and APAC.
Institutional Investor ) • Are Defined Benefit PensionFunds Still Useful Recruiting, Retention Tools? Essential to public sector employees, a pensionfund is a forgotten benefit for most workers in the private sector. And it’s not just Reddit — digital media from newsletters to TikTok are also playing a role.
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.
Despite a decline in both private equity infrastructure dealmaking and fundraising in 2023, limited partners (LPs) are planning to increase their commitments to the asset class, according to a new report by Boston Consulting Group. Deals declined by 18% last year, while global fundraising fell by 50% from a high of $176bn in 2022 to $89bn.
Amy Bainbridge of Bloomberg reports that Australian pensionfunds with $500 billion go bargain hunting: Australia’s pensions giants, flush with cash thanks to surging inflows, are looking to private markets for discount deals as global asset prices come under pressure.
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. Commitments came from investors across the United States, Canada, Latin America, Europe, the Middle East, and Asia.
For more information, visit cdpq.com , consult our LinkedIn or Instagram pages, or follow us on X. Importantly, this isn't a handout and other Canadian pensionfunds have signed similar deals with indigenous people of Canada. As at June 30, 2024, CDPQs net assets totalled CAD 452 billion. Alright, my quick thoughts on this deal.
In partnership with global management consultancy Arthur D Little, Invest Europe has also released its annual sentiment survey. The survey indicates that fundraising sentiment is turning a corner, while optimism about new sources of capital is growing, including the potential to democratise access to a wider group of individual investors.
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.
and its associated parallel funds with total commitments of $765.2m. Investors in Fund V include domestic and international pensionfunds, international banking conglomerates, insurance companies, endowments, foundations, consultants, and family offices.
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.
The UK government has just closed a consultation on LGPS pooling progress and processes that will shine a spotlight on £18 West Yorkshire pensionfund's hybrid approach. Championing local investment and regional financial expertise may not be enough to offset pressure to step up pooling.
Comvest Partners, a West Palm Beach, FL-based middle-market private equity and credit investment firm, closed its sixth flagship private equity fund, Comvest Investment Partners VI, at $881M.
Trinity Hunt Partners, a Dallas, TX-based private equity firm, closed its Fund VII, at $700M. Its diverse investor base included insurance companies, pensionfunds, endowments, foundations, consultants, funds of funds, and family offices.
The Fund received interest from investors globally, attracting sizeable commitments from European and North American institutional LPs, including public pensionfunds, insurers, global PE consultants, endowments and foundations.
Over the summer, multiple associations representing OMERS members wrote to the government urging it to review governance at the $133-billion pensionfund, which invests on behalf of more than 626,000 Ontario public service workers.
Fred has basically always been a VC, Mike was a reporter, and Jim worked in product marketing and management consulting. I also co-led several secondary portfolio transactions where we bought pools of venture capital fund investments off of other investors when they were bailing from the asset class.
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%.
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