Pension Pulse

NOVEMBER 21, 2023

Kevin Carmichael of The Logic reports Freeland eyes power of pension funds to lift Canadian economy: We’ve been conditioned to dismiss federal budgets and fiscal updates as political documents. In this way, Finance Minister Chrystia Freeland’s fall economic statement was more interesting than she indicated it would be.

Pension Funds 59

Pension Funds Funds Debt Financing 59

Private Equity Wire

NOVEMBER 27, 2024

Aviva Investors, the global asset management business of Aviva, has launched its third fund under the Long Term Asset Fund (LTAF) regime with the creation of the Aviva Investors Multi-Sector Private Debt LTAF (MSPD LTAF).

Debt 86

Debt Pension Funds Investors Funds 86

Private Equity Insights

MARCH 17, 2023

Question is: Can it become a one-stop shop for pension funds, endowments, insurers, and sovereign wealth funds eager for exposure to every major alternative-asset class — without diminishing its private credit franchise? Despite staying with private debt, Ares had no trouble keeping pace with the rest of the industry.

Pension Funds 130

Pension Funds Buyout Leveraged Buyouts Asset Management 130

Private Equity Wire

MARCH 19, 2024

The board of the California Public Employees’ Retirement System (Calpers), the largest US pension fund, is has voted to up its exposure to private equity and private credit by a combined $34bn in a bet that riskier asset classes will generate higher returns than stocks, according to a report by Bloomberg. investment target return.

Pension Funds 94

Pension Funds Debt Assets Financing 94

Private Equity Wire

JANUARY 22, 2024

Bain Capital Credit, the firm’s global credit business with $45bn in AUM, has closed its latest debt vehicle, Bain Capital Middle Market Credit 2022 (MMC 22), with commitments totalling more than $1bn, according to the Wall Street Journal. The firm’s predecessor fund, Bain Capital Middle Market Credit 2018, closed with $975m in 2019.

Capital 98

Capital Pension Funds Funds Debt 98

Pension Pulse

NOVEMBER 13, 2023

James Hirai of Bloomberg reports Dutch pension funds send shockwaves through euro swap market: Dutch pension funds are plowing cash into long-dated swap contracts, according to strategists, upending one of this year’s most popular trades. The funds, by far the region’s largest with more than €1.5 in a client note.

Pension Funds 59

Pension Funds Funds Liabilities Asset Management 59

Private Equity Insights

OCTOBER 19, 2023

It had received commitments from both existing and new investors that include institutional investors, insurance and pension funds, development finance institutions and family offices across the US, Europe and Asia-Pacific, it said. is looking to raise $325m to refinance debt by. It has raised about $480-$500m so far.

Capital 130

Capital Funds Private Equity Firms Private Equity Firms 130

Private Equity Wire

JANUARY 13, 2025

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 pension funds to exert influence over GPs.

Investors 86

Investors Buyout Private Equity Firms Private Equity Firms 86

Private Equity Wire

AUGUST 1, 2024

The new fund, Ares Private Credit Fund VI (APCF VI), which surpassed its initial fundraising target, will focus on providing flexible and innovative financing solutions to middle-market companies across North America and Europe, emphasising senior secured loans, subordinated debt, and other private credit instruments.

Hedge Funds 104

Hedge Funds Pension Funds Funds Asset Management 104

The Motley Fool

DECEMBER 6, 2023

With a debt-to-equity ratio of roughly 0.12 times, it has the strongest finances of any of its closest peers. Essentially, during the lean times, it can take on debt to keep funding its business and dividend while it waits for better days. That's important, but the bigger story is probably Chevron's balance sheet.

Pension Funds 130

Pension Funds Asset Management Assets Debt 130

Private Equity Insights

SEPTEMBER 12, 2023

Italian Association of Private Equity, Venture Capital and Private Debt Sella Venture Partners SGR Investitori SGR HOPE S.B. Equita Kairos Partners SGR SpA Finance for Food NORD Holding UBG mbH IBLA CAPITAL Investment Company Progressio SGR DLVENTURES Indaco Venture Partners SGR Vitale Dualcore S.R.L. KRASSOWSKI i WSPÓLNICY SP.

Consulting 130

Consulting Consultants Pension Funds Venture Capital 130

Private Equity Insights

AUGUST 30, 2024

The equity commitments follow the company’s recent debt refinancing announced in June and together will further euNetworks’ momentum as the company continues to scale and execute against its strategic priorities. billion private credit fund A unit of Singapore’s state-owned investor Temasek Holdings Pte. has raised $1.7

Legal 130

Legal Assets Pension Funds Debt 130

Pension Pulse

NOVEMBER 27, 2023

“The federal government believes that continued domestic investments by Canada’s pension funds have the potential to boost Canada’s economy and create good careers for people across the country.” The statement said government would work with pensions to find and encourage more investments in Canada.

Pension Funds 59

Pension Funds Financing Finance Banks 59

Integrity Financial Planning

DECEMBER 13, 2022

4] As these indexes track stocks that people buy for long-term investments through 401ks, Roth IRAs, and other pension funds, a decrease in the price of these stocks may also mean a decrease in the value of the funds held in your investment accounts. Hike in Variable Debt Rates. 1] [link]. [2] 2] [link]. [3] 3] [link]. [4]

Pension Funds 97

Pension Funds Debt Accounting Banks 97

Private Equity Insights

AUGUST 30, 2024

The equity commitments follow the company’s recent debt refinancing announced in June and together will further euNetworks’ momentum as the company continues to scale and execute against its strategic priorities. euNetworks builds and invests in city and long haul fibre networks to connect key European data centres and data hubs.

Legal 130

Legal Private Equity Firms Private Equity Firms Assets 130

Private Equity Wire

OCTOBER 19, 2023

Kreos Capital, a provider of growth and venture debt financing to companies in the technology and healthcare industries, which was recently acquired by BlackRock, has held the final close of Kreos Capital VII (Kreos VII) above target at €1.2bn The fund attracted support from over 30 institutional investors, including banks, sovereign wealth funds, (..)

Capital 74

Capital Pension Funds Consulting Consultants 74

American Investment Council

OCTOBER 11, 2023

Today, Private Debt Investor published an article on the findings from the American Investment Council’s new report, prepared by EY, on the significant impact of private credit on the U.S. highlights the industry’s role as a critical source of financing for small and medium sized businesses. Private credit was responsible for adding 1.6

Debt 52

Debt Investors Pension Funds Assets 52

Pension Pulse

MAY 17, 2023

Right now he sees a fertile environment for lenders such as Oaktree to step in and provide financing where banks are further retrenching following the collapse of Signature Bank and two other US regional lenders. The firm is in the midst of a fundraising push as it looks to raise $10bn to finance large private-equity backed takeovers.

Debt 52

Debt Pension Funds Banks Due Diligence 52

Pension Pulse

NOVEMBER 24, 2023

Earlier today, I spoke with Peter Letko and Daniel Brosseau of LetkoBrosseau Global Investment Management to set the record straight on where they stand on Canadian pension funds investing more in Canada. Finance Minister Chrystia Freeland’s fall economic statement did not help.

Pension Funds 64

Pension Funds Investing Assets Debt 64

Pension Pulse

FEBRUARY 21, 2024

Partnerships don’t necessarily mean equity participation and public debt markets shouldn’t be “neglected,” he said. That is a significant financing competitive advantage.” Hydro-Quebec has around C$50 billion of long-term debt outstanding, according to its annual report.

Pension Funds 59

Pension Funds Debt Liabilities Stakes 59

The Motley Fool

JANUARY 2, 2024

They're going to have trouble refinancing their debt when it eventually comes due. If you're a portfolio manager for a pension fund and you're looking to invest money, you're probably going to like that lower volatility, because you don't have to worry about the daily fluctuations in stock prices. Then looking at multifamily.

Assets 246

Assets Private Equity Firms Private Equity Firms Banks 246

Pension Pulse

JANUARY 8, 2024

Josephine Cumbo of the Financial Times reports pension fund slashes value of its Thames Water stake by almost two-thirds: One of the biggest investors in Thames Water has slashed the value of its stake by nearly two-thirds, intensifying doubts over the financial health of the UK’s largest water distributor.

Pension Funds 59

Pension Funds Stakes Debt Shareholders 59

Pension Pulse

NOVEMBER 23, 2023

The federal government pledged in its fall economic statement on Tuesday to “work collaboratively” with Canadian pension funds to create an environment that encourages them to put more of the trillions of dollars of assets they collectively manage to work domestically. That has put pension fund managers on guard.

Pension Funds 64

Pension Funds Investing Assets Liabilities 64

Pension Pulse

JULY 3, 2024

“The investment horizon for these assets is long and the ability to rebalance in the future is hampered,” warns Marlene Puffer, who joined AIMCo as CIO in 2023 from Canada’s railway pension fund CN Investment Division. Does private debt offer important diversification? It’s difficult to scale in small cap, she explains.

Portfolios 59

Portfolios Due Diligence Pension Funds Debt 59

Pension Pulse

JANUARY 30, 2024

Fuelled by revenues from Norway’s state-owned oil and gas companies, the fund is aimed at financing future spending in the generous welfare state. Created in the 1990s to manage Norway’s oil and gas revenues abroad, the fund is the world’s biggest single owner of equities. percent of all listed stocks. in 2023, versus 43.1%

Pension Funds 59

Pension Funds Funds Assets Financing 59

Pension Pulse

JANUARY 31, 2024

It is not monolithic and includes such varied enterprises as pension fund investment managers such as AIMCo , insurance companies, investment banks, broker dealers, hedge funds, mortgage investment companies – and still others. The term NBFI captures a wide range of enterprises and therefore defies a common regulatory approach.

Banks 59

Banks Pension Funds Financial Institutions Investing 59

Pension Pulse

MARCH 25, 2024

The investment in Idealist marks the third by Canada Growth Fund, a $15-billion pool set up by Ottawa to help direct private-sector capital to Canadian technologies that help meet its commitments to reduce emissions. It is managed by PSP Investments, a public-sector pension-fund manager. a unit of Advantage Energy Ltd.

Capital 59

Capital Funds Pension Funds Venture Capital 59

The Motley Fool

JULY 27, 2023

Critically, our rental revenues in the second quarter included a $25 million onetime write-off of noncash straight-line rent and the $6 million bad debt reserve related to a tenant that declared bankruptcy during the quarter. Moving on to our debt profile. Approximately 84% of our debt is non-U.S. billion to $5.6

Leveraging 188

Leveraging Capital Assets Debt 188

The Motley Fool

FEBRUARY 6, 2024

The deal extends most of our debt maturities to 2029 and beyond, injects $1.325 billion of net new financing into the business and gives us access to a new approximately $1 billion revolving credit facility to support our operations. We do not have any required or planned discretionary pension fund contributions in 2024.

Taxes 130

Taxes Debt Leveraging Banks 130

Pension Pulse

APRIL 10, 2024

Today, CDPQ published its Sustainable Investing Report for the fiscal year ending December 31, 2023: CDPQ actively contributes to advancing sustainable finance, and once again this year the report presents concrete actions taken to drive the organization’s impact. Following are some highlights.

Pension Funds 59

Pension Funds Investing Best Practices Assets 59

Blackstone News

SEPTEMBER 13, 2023

Gilles Dellaert Named Global Head of BXCI, Dwight Scott Named Chairman NEW YORK – September 13, 2023 – Blackstone (NYSE: BX) announced today the integration of its market-leading corporate credit, asset-based finance, and insurance groups into a single new unit, Blackstone Credit & Insurance (BXCI).

Securities and Exchange Commission (SEC) 64

Securities and Exchange Commission (SEC) Pension Funds Assets Financing 64

The Motley Fool

NOVEMBER 5, 2024

Our leverage, as measured by net debt to annualized pro forma adjusted EBITDA was a healthy 5.4 These offerings illustrate the diversity of debt products available to us and the intentionality of our capital diversification philosophy. times, well within our target ratio or 5.2 At quarter end, we held $5.2

Capital 130

Capital Assets Leveraging Funds 130

The Motley Fool

JULY 14, 2023

We expect our acquisition of Kreos Capital to close in the third quarter of this year, adding venture debt capabilities and further bolstering BlackRock's global credit franchise. In May, we capitalized on the improved conditions for debt issuance, issuing 1.25 billion of 10-year debt at a coupon of 4.75%.

Asset Management 130

Asset Management Assets Banks Debt 130

Pension Pulse

MARCH 6, 2024

Palash Gosh reports OMERS pension fund returns 4.6% The pension fund did not provide benchmark returns. 31, OMERS actual asset allocation was 21% each credit and infrastructure, 20% public equities, 19% private equity, 15% real estate, 8% bonds, and -4% cash and funding. for the 10-year period. 31, up from $124.2

Returns 52

Returns Pension Funds Assets Debt 52

The Motley Fool

OCTOBER 11, 2024

The long-term connectors and our relationships span many years as holders of company debt and equity. Record government deficits and tighter bank lending means people, companies, and countries will increasingly turn to markets to finance their retirements, their business, and their economies. We have a credit strategies interval fund.

Assets 130

Assets Leveraging Mergers and Acquisitions Capital 130

The Motley Fool

OCTOBER 31, 2024

trillion of assets under management supporting defined benefit and defined contribution plans, PGIM serves more than half of the world's 300 largest pension funds. It's looking at opportunities for flow or new sales financing, as well as third-party blocks. So financing for growth and by reinsuring diversifying against risk.

Liabilities 130

Liabilities Capital Assets Shareholders 130

The Big Picture

SEPTEMBER 19, 2023

Previously she was Chief Investment Officer at various state pension funds, including Maryland and Hawaii. So how does that relate to finance? And so they were both in finance and I decided that must be the absolute last thing I ever wanted it to do. So does that go in real estate or does that go in debt?

Asset Management 59

Asset Management Assets Pension Funds Hedge Funds 59