Pension Pulse

JUNE 12, 2024

The second was appropriate systems and controls, so that if a university wanted to conduct due diligence on UPP before committing staff pensions to it, “we wanted excellent marks”. Some call it hedge funds but we focus on absolute returns. The final piece is what we refer to absolute returns strategies.

Liabilities 59

Liabilities Assets Leveraging Due Diligence 59

The Big Picture

DECEMBER 5, 2023

And we did talk to a lot of people, but we were grateful to have a college endowment, a a publicly traded insurance company, a publicly traded company, corporations pension fund, and some wealthy individuals join our first fund, which was a mighty $71.4 And so there were certainly, there weren’t that many.

Private Equity Firms 69

Private Equity Firms Private Equity Firms Mergers and Acquisitions Debt 69

The Big Picture

JANUARY 24, 2023

And the investment bankers at that time were just — every time we went to a meeting on due diligence, is this a good company or not, all they wanted to do was talk about the fee splits. KLINSKY: In the private equity fund and strategic equity fund, it’s the big pension funds in the U.S.

Leveraged Buyouts 104

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 104

Pension Pulse

JANUARY 25, 2024

James Bradshaw of the Globe and Mail reports Teachers' invests in portable battery company aiming to replace gas-powered generators: Ontario Teachers’ Pension Plan is leading a US$95-million funding round for Instagrid GmbH, a German maker of portable battery systems designed to replace gas-powered generators.

Investors 59

Investors Funds Startups Assets 59

The Big Picture

FEBRUARY 28, 2023

When I came up in the industry, when a company would come up for sale, we would have four or five months to research that business, and to do due diligence, and to meet the management team, to build our models. Look, our parents all had pension funds. It’s been primarily pension, historically. LAYTON: Yeah.

Assets 57

Assets Due Diligence Private Equity Firms Private Equity Firms 57

The Big Picture

DECEMBER 20, 2022

So there was a tremendous amount of proprietary trading, you know, hedge funds in the back book, a little bit of a front book. My boss, this gentleman I mentioned had been the Finance Minister of Peru was like, I need you to go down to Peru and take a look at the bank, do due diligence, right, 25 years old.

Debt 62

Debt Hedge Funds Banks Assets 62

The Big Picture

MARCH 12, 2024

There were financial experiments where the borrower hadn’t been through due diligence. So we, we do business with most of the sovereign wealth funds, most of the big US national insurers, global insurers, the largest pension funds. The LTV was very high. The underlying risk of the home market was very high.

Hedge Funds 57

Hedge Funds Banks Assets Capital 57

The Big Picture

APRIL 11, 2023

DAMODARAN: Or it could be some unique characteristic, pension funds pay no taxes. It’s because they wanted to get back at the hedge funds. We’re going to bring the hedge funds down, which is interesting because some of the biggest hedge funds were making money from this.

Education 117

Education Financing Finance Taxes 117