Private Equity Wire

NOVEMBER 19, 2024

The Maine Public Employees Retirement System (MainePERS), based in Augusta, has approved two alternative investment commitments totalling up to $200m, according to a report by Pensions & Investments Online citing James Bennett, the Chief Investment Officer of the $20.2bn pension fund. of its total assets.

Due Diligence 103

Due Diligence Pension Funds Legal Asset Management 103

Private Equity Wire

NOVEMBER 13, 2024

AshGrove Capital (AshGrove), an independent pan-European speciality lender, has held the final close of AshGrove Speciality Lending Fund II at its hard cap of €650m, surpassing its original target of €500m. Fund II achieved a 107% re-up rate among existing limited partners as well as securing over €325m in new capital commitments.

Capital 97

Capital Pension Funds Funds Legal 97

Private Equity Insights

JANUARY 26, 2024

Six of Canada’s biggest pension funds managing C$1.3 ” He added that HOOPP have been growing exposure to private credit and while more than half of its exposure is with external partners, the pension is increasing the proportion of direct private credit investments while continuing to work with partners.

Pension Funds 147

Pension Funds Assets Funds Banks 147

Private Equity Wire

JANUARY 20, 2025

International hedge funds and private equity firms are increasingly investing in Lloyds of Londons tax-exempt investment vehicle, as the 300-year-old UK institution expands its efforts to attract global investors, according to a report by the Financial Times. This has drawn increasing attention from alternative fund managers.

Private Equity Firms 97

Private Equity Firms Private Equity Firms Hedge Funds Pension Funds 97

Private Equity Wire

OCTOBER 6, 2023

Pension fund KPN is aiming to make an investment of between 5% and 7% of its €10bn assets in infrastructure, corporate and real estate debt by 2026, with half of that total going to impact investments – if the fund can identify suitable managers – according to a report by IPE.com.

Pension Funds 94

Pension Funds Debt Funds Assets 94

Private Equity Wire

NOVEMBER 11, 2024

The report cites Nan Zhang, head of product implementation and alternative investment research at State Street, as noting that “private debt, especially floating-rate debt, typically benefits from rising interest rates,” and expects that private debt’s outperformance might diminish as the Fed continues with rate cuts.

Leveraged Buyouts 93

Leveraged Buyouts Buyout Pension Funds Leveraging 93

Private Equity Wire

DECEMBER 6, 2023

The Chicago Teachers’ Pension Fund (CTPF), the oldest public retirement scheme in Illinois, is planning to makes its first foray into the booming private credit market with an initial allocation of up to $350m, according to a report by Bloomberg.

Pension Funds 97

Pension Funds Mergers and Acquisitions Debt Bidding 97

AltAssets

NOVEMBER 22, 2024

US pension fund giant the New York State Common Retirement Fund has agreed a hefty $4.6bn of new alternatives fund commitments. The post NY State Common Retirement Fund commits $4.6bn across PE, credit, secondaries and RE appeared first on AltAssets Private Equity News.

Pension Funds 98

Pension Funds Funds Debt Buyout 98

Private Equity Wire

JANUARY 3, 2025

The New Hampshire Retirement System (NHRS) has approved two major commitments to alternative investments, totalling a combined $100m, as part of its ongoing strategy to diversify its portfolio, according to a report by Pensions & Investments. NHRS has an existing relationship Top Tier. of NHRSs total assets, valued at $12.6bn.

Pension Funds 99

Pension Funds Venture Capital Assets Debt 99

Private Equity Wire

OCTOBER 24, 2024

The report cites unnamed individuals familiar with the situation as revealing that the pension fund, which oversees state pensions and other assets, aims to reduce its exposure to higher-yielding opportunistic credit strategies and shift focus towards more stable, mainstream direct lending.

Pension Funds 92

Pension Funds Debt Funds Stakes 92

Private Equity Insights

FEBRUARY 2, 2024

The New York State Teachers Retirement System (NYSTRS) committed $400m (£315.55m) to private debt funds between October and December last year. The pension fund allocated $300m to the OIC Credit Opportunities IV fund, while the remaining $100m was committed to the Peninsula VIII, according to publicly available documents.

Debt 130

Debt Pension Funds Bidding Assets 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 98

Investors Buyout Private Equity Firms Private Equity Firms 98

Private Equity Wire

FEBRUARY 7, 2025

The Fresno County Employees’ Retirement Association (FCERA) has approved $140m in new commitments to alternative investment funds during the fourth quarter of 2024, according to a report by Pension & Investments Online citing a letter from retirement investment officer Conor Hinds.

Buyout 82

Buyout Pension Funds Debt Capital 82

Private Equity Insights

JULY 5, 2024

Read more BlackRock Unveils Climate Policies for $150bn in Funds BlackRock Inc. is singling out funds with combined assets of $150bn for an extra screen designed. read more Australia’s Largest Pension Fund Shifts to Equities on Tech Boom AustralianSuper, the country’s largest pension fund, is shifting money into equities on the.

Debt 130

Debt Pension Funds Finance Financing 130

Private Equity Wire

SEPTEMBER 6, 2024

Infrastructure investment specialist Infranity has launched its commingled Enhanced Return Debt strategy which, together with co-investments, has already exceeded half of its target, reaching €1.585bn in capital commitments. In line with Infranity’s operating model capital deployment has been taking place at pace.

Debt 98

Debt Returns Pension Funds Funds 98

Private Equity Wire

DECEMBER 5, 2024

Triton Debt Opportunities (TDO), the opportunistic credit arm of European investment firm Triton, has held the final close of its third fund (TDO III) in excess of its original €1bn fundraising target, and 40% larger than its predecessor fund, which closed at €744m in October 2020.

Debt 93

Debt Pension Funds Funds Assets 93

Private Equity Professional

MARCH 21, 2024

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. Visit the site and log in/register to read.

Pension Funds 130

Pension Funds Funds Consulting Consultants 130

Private Equity Insights

JANUARY 26, 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.

Pension Funds 130

Pension Funds Capital Funds Debt 130

Private Equity Insights

SEPTEMBER 13, 2023

Private credit has become an integral part of the financing solutions available to support corporate growth and there is an increasing demand for debt capital from well-established and high-growth software and technology businesses, which typically have leading market positions, resilient customer base and strong financial fundamentals.”

Capital 246

Capital Investing Private Equity Firms Private Equity Firms 246

AltAssets

AUGUST 31, 2023

New Mexico State Investment Council, a $44bn-managing pension fund investor, has picked private credit and a string of venture capital vehicles in its latest suite of fund commitments. The post New Mexico’s $44bn pension fund unveils latest VC, credit fund commitments first appeared on AltAssets Private Equity News.

Pension Funds 75

Pension Funds Funds Venture Capital Capital 75

Private Equity Insights

FEBRUARY 9, 2024

billion) for a credit fund for Australia and New Zealand, as it seeks to capitalize on opportunities created by banks retreating from leveraged lending. The Ares Asia Direct Lending fund, the company’s first leveraged buyout vehicle for the region, has deployed over A$1.04 Billion for Australia Private Credit Fund Ares Management Corp.

Leveraged Buyouts 130

Leveraged Buyouts High Net Worth Individuals Pension Funds Buyout 130

Private Equity Insights

AUGUST 17, 2023

CrossHarbor Capital Partners, a multi-strategy commercial real estate investor, closed its tenth opportunistic fund – CrossHarbor Institutional Partners Fund 2021 – at $865 million, with an additional co-investment of $55m that has already been put to work. The closed-end fund exceeded its $850m target.

Pension Funds 130

Pension Funds Funds Asset Management Debt 130

The Motley Fool

AUGUST 22, 2024

Just a year ago, such an allocation likely wouldn't have appeared on such filings, but with the approval of spot Bitcoin exchange-traded funds (ETFs) in January, the doors have been effectively opened for institutions like Goldman Sachs to gain exposure to the cryptocurrency.

Exchange-Traded Funds 245

Exchange-Traded Funds Pension Funds Hedge Funds Stakes 245

Top 1000 Funds

JUNE 12, 2023

As Compenswiss looks to mandate new private debt managers, chief investment strategist Frank Juliano talks through due diligence processes at the Swiss pension fund. Recent high profile investor losses under score the importance of due diligence.

Due Diligence 98

Due Diligence Debt Pension Funds Investors 98

Pension Pulse

APRIL 3, 2025

per-cent return across its funds in 2024 but fell short of its internal benchmark of 13.8 per cent, capping off a year that ended in turmoil when Albertas government dismissed the pension fund managers board and CEO. per cent annually and added $35-billion to the fund, beating its benchmark over that period by 1.7

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AltAssets

DECEMBER 13, 2023

AustralianSuper, the country’s biggest pension fund, has upped its exposure to private debt for US mid-market companies by $1.5bn through an expanded partnership with Nuveen investment arm Churchill Asset Management.

Debt 97

Debt Pension Funds Asset Management Assets 97

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. The Government of Canada shouldn't be hinting at how or where Canada's large pension funds invest. Let's keep it that way.

Pension Funds 59

Pension Funds Funds Debt Finance 59

Private Equity Wire

APRIL 26, 2024

The private debt secondary market is primed for significant growth during 2024 in terms of both volume and quality of deals as motivated sellers take advantage of the growing pool of buy-side capital, according to a survey by Ely Place Partners.

Deal Flow 98

Deal Flow Debt Pension Funds Capital 98

Top 1000 Funds

DECEMBER 7, 2023

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) Pension Fund, managing assets worth 1 trillion yen ($6.6 billion), is poised to increase investments in illiquid alternatives, including infrastructure private equity and debt aimed at maximizing returns.

Pension Funds 59

Pension Funds Funds Debt Banks 59

Pension Pulse

DECEMBER 16, 2024

The system works exceptionally well, yet in the past year, we have seen increasing calls to change this model and use pension funds 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 pension funds as a policy tool.

Pension Funds 59

Pension Funds Funds Liabilities Assets 59

Pension Pulse

JUNE 25, 2024

trillion Canadian funds: Almost no major Canadian pension manager has been spared. The largest fund, Canada Pension Plan Investment Board, lost five per cent on its property portfolio in its last fiscal year as the commercial real estate slump deepened.

Pension Funds 59

Pension Funds Funds Mergers and Acquisitions Assets 59

Pension Pulse

NOVEMBER 4, 2024

But the deal is also a gamble, considering investors have worried about BCE’s ability to afford its dividend and pay down debt. Ziply is currently owned by a group of private equity funds led by Searchlight Capital, and to fund its purchase, Montreal-based BCE will use $4.2-billion per-cent total return. operations, in 2000.

Pension Funds 59

Pension Funds Debt Stakes Assets 59

Private Equity Insights

JULY 5, 2024

Given the funding needs for financing data centers and energy transition, there’s room to grow to hit the $25 trillion mark, Michael Zawadzki, Blackstone Credit and Insurance’s global chief investment officer said Friday in an interview with Bloomberg Television. Read more BlackRock Unveils Climate Policies for $150bn in Funds BlackRock Inc.

Pension Funds 130

Pension Funds Finance Financing Debt 130

Pension Pulse

MAY 14, 2024

Laura Benitez and Nishant Kumar of Bloomberg report hedge funds draw pension money to riskiest corner of a $1.3 Laura Benitez and Nishant Kumar of Bloomberg report hedge funds draw pension money to riskiest corner of a $1.3 trillion credit market: A high-stakes trade in the riskiest corner of a $1.3

Pension Funds 59

Pension Funds Collateral Funds Hedge Funds 59

Private Equity Insights

JULY 5, 2024

billion, including debt, people familiar with the matter said on Wednesday. KKR will own Varsity Brands through its Americas private equity fund, the sources said, requesting anonymity because the deal has not yet been announced. Read more BlackRock Unveils Climate Policies for $150bn in Funds BlackRock Inc.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Pension Funds Capital 130

AltAssets

APRIL 25, 2024

Pension fund managment major the New Jersey Division of Investment as picked out CVC Capital and Bain Capital vehicles among its latest suite of fund commitments. The post CVC, Bain Capital funds get New Jersey pension backing amid $875m of new commitments first appeared on AltAssets Private Equity News.

Pension Funds 105

Pension Funds Capital Funds Debt 105

The Motley Fool

JANUARY 9, 2024

Annaly is really designed to be owned by total return investors who focus on asset allocation (such as insurance companies and pension funds). And being so large, the investment-grade-rated company tends to have easier access to capital markets (on both the debt and equity sides). annual pace over the last 29 years.

Capital 245

Capital Collateral Pension Funds Debt 245