Private Equity Wire

FEBRUARY 1, 2024

The oversubscribed fund attracted support from a range of institutional investors, including public pension funds, multinational corporations, insurance companies, fund of funds, endowments, foundations and family offices.

Private Equity Firms 97

Private Equity Firms Private Equity Firms Pension Funds Enterprise Values 97

Private Equity Wire

JULY 2, 2024

New York-headquartered alternative investment firm New Mountain Capital has held the final close of its seventh control-oriented fund, New Mountain Partners VII, with $15.4bn in capital commitments. That fund is now fully invested in platform companies, with the remaining capital reserved for follow-on growth investments.

High Net Worth Individuals 98

High Net Worth Individuals Pension Funds Funds Enterprise Values 98

The Motley Fool

FEBRUARY 10, 2024

per share to account for changes to the value of pension fund, which it described as a "mark-to-market" or MTM expense. Earnings for the quarter, adjusted for pension fund contributions, could meanwhile bounce back 84% to as much as $24.85 The company also took a charge of $2.08 Together, that's $9.76

Pension Funds 130

Pension Funds Enterprise Values Accounting Funds 130

Private Equity Wire

FEBRUARY 12, 2024

Epiris, a private equity firm that targets control positions in UK-headquartered businesses with an enterprise value of between £75m and £500m, has held the final close of Epiris Fund III with total capital commitments of £1.044bn.

Private Equity Firms 98

Private Equity Firms Private Equity Firms Pension Funds Funds 98

This is going to be BIG.

JULY 30, 2015

Thirty deals, 13 exits, 17 wipeouts--and roughly a billion dollars of total enterprise value generated. For my fund, an $8mm seed fund, without even following on, you wind up with a 26.67% return and a 2.88x cash on cash return. Perhaps 2-3 more exit for $20mm or so after a Series A. like 3 or 4, and there you have it.

Venture Capital 167

Venture Capital Returns Capital Enterprise Values 167

Pension Pulse

SEPTEMBER 5, 2023

Harriet Agnew and Arjun Neil Alim of the Financial Times report Ontario Teachers’ fund acquires UK wealth manager 7IM: The Ontario Teachers’ Pension Plan has agreed to buy UK wealth manager Seven Investment Management, as one of Canada’s biggest investors bets on a sector that is rapidly consolidating.

Stakes 59

Stakes Asset Management Assets Financial Services 59

The Big Picture

MAY 9, 2023

So what I mean by that is, first, understand the duration of your funding source. Pension funds have quite long-dated capital. So first, understand the duration of that funding source. And then the second is, understand the return requirement of that funding source. That’s what I mean by liabilities.

Liabilities 119

Liabilities Assets Banks Hedge Funds 119

Pension Pulse

OCTOBER 22, 2024

Thomas Gualtieri and Dinesh Nair of Bloomberg report Canadian Pension Funds Ready €7 Billion Sale of Cubico: Canada’s Ontario Teachers’ Pension Plan and PSP Investments are about to kick off the sale of renewable energy company Cubico Sustainable Investments, according to people with knowledge of the matter.

Pension Funds 59

Pension Funds Investing Assets Enterprise Values 59

Pension Pulse

JULY 27, 2023

As part of the agreement, FDJ, which is the operator of the French National Lottery, will purchase the shares from Ontario Teachers' Pension Plan, An Post, and An Post Pension Fund. FDJ acquires the entire capital of this company for an enterprise value of 350 million euros.

Pension Funds 52

Pension Funds Bidding Stakes Best Practices 52

Pension Pulse

JULY 11, 2024

PE has acquired companies in the past three to four years at very high enterprise values, and it’s a question of if this is sustainable on exit now given market conditions,” says Tara Moore, head of European originations at Golub Capital, a US private credit firm. Some investors don’t want firms using such tools to flatter returns.

Buyout 59

Buyout Debt Leveraging Pension Funds 59

Pension Pulse

SEPTEMBER 12, 2024

The deal, it said, approved by the Competition Commission of India (CCI), involves the purchase of approximately 76,000 communication sites for an enterprise value of Rs 182 billion (Rs 18,200 crore). This once again underscores how important strategic partnerships are to Canada's large pension funds.

Enterprise Values 59

Enterprise Values Asset Management Buyout Assets 59

Pension Pulse

MARCH 11, 2024

stake in Italy's largest telecom network, aiming for digital growth: Canada Pension Plan Investment Board (CPP Investments) is set to expand its portfolio in Italy's digital infrastructure, having agreed to secure a 17.5 This move is part of a larger transaction that places NetCo's enterprise value at approximately $27.5

Stakes 59

Stakes Pension Funds Enterprise Values Investing 59

The Big Picture

JANUARY 24, 2023

In the history of our private equity effort, we’ve generated over $70 billion of enterprise value gains without one missed interest payment, and added over 61,000 jobs without one missed interest payment. KLINSKY: In the private equity fund and strategic equity fund, it’s the big pension funds in the U.S.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

Pension Pulse

MAY 7, 2024

per share in cash representing an enterprise value of approximately $6.2 Once it closes, Canada's pension fund will own a huge stake in this company and I have no doubt this will be a great long-term investment. billion, including ALLETE’s net debt. This represents a premium of approximately 19.1%

Mergers and Acquisitions 64

Mergers and Acquisitions Investing Capital Assets 64

Pension Pulse

SEPTEMBER 10, 2024

Razak Musah Baba of IPE Real Assets reports OMERS to buy Allianz’s stake in Indian road infrastructure trust: Canadian pension fund OMERS is buying Allianz Capital Partners’ 13.5% The transaction values 100% of the Roads Portfolio at an enterprise value of approximately INR 66,100 million.

Stakes 59

Stakes Assets Buyout Shareholders 59

Pension Pulse

DECEMBER 18, 2024

Ten of the largest Canadian pension funds, including Canada Pension Plan Investment Board, Caisse de dpt et placement du Qubec and Ontario Teachers Pension Plan, said the new standards offer a robust framework that will boost the competitiveness of Canadian companies in the race for global capital.

Investing 59

Investing Consulting Consultants Pension Funds 59

The Motley Fool

MARCH 3, 2025

At that time, you had an enterprise value for MicroStrategy, which is market cap plus net debt. You an enterprise value of $96 billion. You had Bitcoin net asset value of $46 billion. I think they have value. I think there's real value there. But here's where the rubber hits the road.

Investors 130

Investors Enterprise Values Shareholders Debt 130

Pension Pulse

FEBRUARY 25, 2025

Nicolas Van Praet of the Globe and Mail reports pension giant Caisse strikes deal to acquire Innergex Renewable Energy: Canadian pension fund giant Caisse de dpt et placement du Qubec has struck a deal to buy Innergex Renewable Energy Inc. The Caisse will pay $13.75

Pension Funds 59

Pension Funds Shareholders Legal Stakes 59