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PE rethinks NAV loans as investors push back

Private Equity Wire

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. Many firms borrowed against their portfolio companies to sustain the private market boom while dealmaking dwindled.

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CPP Investments Plows Into Private Equity in Fiscal Q3 2025

Pension Pulse

Layan Odeh of Bloomberg reports CPPIB plows at least $5 billion into private equity in three months: Canada Pension Plan Investment Board poured at least $5 billion into private equity in the last three months of 2024 as the asset class regained appeal. 31, according to Bloomberg calculations. Invested JPY 11.5

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Andrew Coyne Is Dead Wrong on CPP Investments' Active Management

Pension Pulse

Pretty harsh and I painstakingly tried to explain to my friend that the goal of CPP Investments isn't to try to match its Reference Portfolio or beat it and that it's true that no pension fund (not just CPP Investments) or fund manager has consistently beaten the S&P 500 over the last 20 years, that doesn't mean active managers are "useless".

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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.

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CDPQ to Pump $11.2 Billion Into European Private Markets

Pension Pulse

Paulina Pielichata of Pensions & Investments reports CDPQ works to pump $11.2 billion into European private markets: Canadian pension fund Caisse de depot et placement du Quebec has recently moved into its new London headquarters as it is working to deploy C$15 billion ($11.2 billion) in private markets across Europe.

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BCI's Jim Pittman on Staying Liquid, Focused and Agile in Private Equity

Pension Pulse

It is for this reason that Canadian pension giant BCI finds itself in a rather enviable position. Under the leadership of global head of private equity Jim Pittman, the C$233 billion ($172.8 It’s hard to buy because debt is expensive and lower quantum so it makes the LBO model much tighter. billion; €158.2