This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Ardian, a leading global privateequityfirm, raised $30bn for its latest secondary investments platform. This fundraising milestone is one of the largest in the privateequity secondary market. It highlights the growing demand for liquidity solutions among institutional investors.
As part of this initiative, BlackRock is establishing a GP solutions business to serve general partners (GPs) of alternative-asset firms, which oversee investments on behalf of limited partners like pensionfunds and endowments. Once finalized, BlackRock plans to launch a dedicated financing unit led by a team from HPS.
Colbeck Capital Management closed its $700m Strategic Lending Fund, designed to provide customised financing solutions for middle-market businesses in North America. The fund aims to address the unique needs of companies undergoing transitions or managing complex situations.
In a statement on Sunday, the retailer said it had reviewed the unsolicited offer, but found that Arkhouse and Brigade had not provided sufficient information to address its concerns around their ability to finance the proposed transaction. Source: Yahoo Finance Can’t stop reading? trillion ($965.47 billion) in assets have.
Ardian raises over $20bn for secondaries fund the Paris-based PE firm has set a target for the fund of $25bn French group Ardian has amassed more than $20bn to buy stakes in privateequityfunds from investors, highlighting a corner of finance that is defying the broader slump in fundraising.
This shift partly reflects a rebalancing of power, enabling LPs in privateequityfunds, such as pensionfunds to exert influence over GPs. Privateequityfinancing methods and sources are among the most closely guarded secrets in this already opaque sector.
Mubadala Investment Company , Abu Dhabi’s sovereign investment arm, has formed a strategic partnership with New York-based alternative asset manager Blue Owl Capital as it seeks to co-invest in private credit opportunities amid a tightening monetary environment around the world.
Paine Schwartz Partners , a NYC-based privateequityfirm which specializes in sustainable food chain investing, closed its $1.7bn food and agribusiness-focused Fund VI. Fund VI is exclusively focused on sustainable investments in the food and agribusiness sector.
The Ares Asia Direct Lending fund, the company’s first leveraged buyout vehicle for the region, has deployed over A$1.04 as it was delisted by privateequityfirm TPG Inc.; Allegro Funds as it acquired fuel retailer Gull New Zealand; and BGH Capital’s payments platform Pushpay, the firm said. has raised A$2.6
IRA Capital, a privateequityfirm based in Southern California, has recently announced the launch of the IRA Healthcare Real Estate Fund. The closed-end fund, with a total capitalization of $500m, will focus on acquiring medical properties and senior housing assets across the United States. for its investors.
Two of Australia’s largest pension investors pledged to pour $19bn into UK and European markets in coming years, as the industry increasingly looks for opportunities overseas. trillion pension industry, known locally as superannuation, which has increased assets invested overseas in recent years. Finance Can’t stop reading?
In April, Morgan Stanley’s infrastructure arm agreed to buy Milan-listed construction firm Salcef Group SpA with the Salciccia family, who have controlled it for decades. s family office unit, said he’s spent more time engaging with privateequity investors within the past year than in his entire finance career of more than two decades.
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up “AustralianSuper is resolute the value and future value of Origin is better in the hands of AustralianSuper members and other shareholders than a privateequity consortium planning to shortchange them,” the pensionfund said.
Orion Resource Partners, a global investment firm specialising in metals and materials, has sold an 8% minority interest in Sweetwater Royalties, a private industrial minerals royalty company, to a Canadian pensionfund for $100m. Source: PrivateEquity Wire Can’t stop reading?
Singapore- and New Delhi-based privateequityfirm Quadria Capital has marked the first close of its third investment vehicle. “We are on track to reach our final target for this fund, which puts us in good stead to execute our strategy and capitalise on a rich pipeline of opportunities.”
It comprises 17 African shareholders—including sovereign wealth funds, development finance institutions, banks, pensionfunds, asset managers, and retirement agencies—and two international Institutional Investors. Other entities are expected to join this first transaction.
Adenia Partners (Adenia), a privateequityfirm focused on growth opportunities in Africa, has successfully closed its fifth fund, Adenia Capital V (Fund V) at its $470m hard cap. The significantly oversubscribed fund attracted commitments from new and existing investors globally.
The firm has built a diverse team of nearly 30 people, including investment professionals from a number of leading privateequityfirms as well as executives with significant operational expertise, such as the former CEOs of Engie, Siemens Gamesa and Avangrid. Finance Can’t stop reading? Source: Yahoo!
Yet, like its peers, Ares feels compelled to diversify into other asset classes, such as real estate, infrastructure, and privateequity. The attractions of sticking with private credit are obvious. It’s easy enough to understand why Ares Cap would prefer to lend to a big firm than to a small- or middle-market one.
We are thrilled to be entering into this partnership, on behalf of our pensionfund client ABP and Asset Owner Partners, and we are eager to work closely with the euNetworks team as they continue to develop and further their strategic vision.” Billion Loan for AirTrunk Bid Privateequityfirm Blackstone Inc.
The first is via direct investments, where it holds ownership stakes that vary from passive, minority positions, up to 100% control of private companies. The second is through privateequityfunds run by privateequityfirms, such as KKR and Blackstone. In the U.S., Democratic Sen.
Layan Odeh of Bloomberg reports CPPIB plows at least $5 billion into privateequity in three months: Canada Pension Plan Investment Board poured at least $5 billion into privateequity in the last three months of 2024 as the asset class regained appeal. 31, according to Bloomberg calculations.
PE lagging on climate action, says new study Submitted 27/07/2023 - 12:09pm A new assessment of the fossil fuel policies of 15 of the largest privateequityfirms operating in North America and Europe, has found that the sector is lagging behind other investors in terms of action on climate change. Like this article?
Paulina Pielichata of Pensions & Investments reports CDPQ works to pump $11.2 billion into European private markets: Canadian pensionfund 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.
But what’s even more relevant, he says, is that with $88 billion now invested in a province with a GDP of nearly $500 billion, “the Caisse is the pensionfund that is the most invested, in the world, in its local economy.” Seated at Emond’s left elbow, a powerful ally—Quebec Finance Minister Eric Girard—comes to the Caisse’s defence.
(KKR) and includes notable members such as a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), the Italian infrastructure fund F2i, and the Ministry of Economy and Finance of the Italian Government. And notice it's powerhouse privateequityfirm KKR which is behind this latest deal to acquire NetCo.
Privateequityfirms are already positioning to take advantage. Compared with the Savings & Loans crisis and 2008, we’re still in the first or second innings” when it comes to troubled assets, said Rebel Cole, a finance professor at Florida Atlantic University who also advises Oaktree Capital Management.
Regulators are pushing privateequityfirms to do a better job when it comes to valuing their assets. Carolina Mandl and Chris Prentice of Reuters report US SEC overhauls rules for $20 trillion privatefund industry: The U.S. million Norweigans benefit from the Government PensionFund.
Then she came across an investor presentation from a different universe: KKR, one of the world’s largest privateequityfirms. By that time, Mr. Stavros had decided to start an organization to promote his model more broadly, hoping to reach the 12 million people who work for companies that privateequityfirms own.
Low De Wei of Bloomberg News reports BlackRock, Aimco Back $800 Million Asia Infrastructure Fund: An Asia-focused infrastructure fund has raised $800 million from investors including funds managed by BlackRock Inc. and pension manager Alberta Investment Management Corp., amid renewed interest in the asset class.
They’re one of the older privateequityfirms around, been been in business since 1994. Were you always thinking about going into finance? What, what was it that made you say, Hey, this finance thing looks like it’s fun and interesting? Michael Fish is co-founder and CEO of American Securities.
Pressure is also building from “limited partners” — the backers of PE funds — to start seeing more of a return from their earlier investments. That’s weighing heavily on the current round of fundraising by privateequityfirms, who are known in the industry as “sponsors” or general partners. “PE
PrivateEquityPrivateequity is a form of alternative investment that involves investing in privately-held companies. It encompasses strategies such as venture capital, leveraged buyouts and investing directly in publicly-traded privateequityfirms. between 2015 and the end of 2021.
PrivateEquityPrivateequity is a form of alternative investment that involves investing in privately-held companies. It encompasses strategies such as venture capital, leveraged buyouts and investing directly in publicly-traded privateequityfirms. between 2015 and the end of 2021.
The unsubsidized, levelized cost of renewable power continues to outcompete fossil fuel generation in most jurisdictions, even after significant increases in capital and financing costs. IMCO still have a large exposure to public equities and stocks, which hurt it last year as the Fund lost 8.1%. million in 2022.
Ben Werschkel of Yahoo Finance reports 'the energy transition' helps explain BlackRock's $12.5 billion bet on infrastructure: BlackRock's ( BLK ) plan to buy privateequityfirm Global Infrastructure Partners is a $12.5 Not just sovereign wealth funds, US, Canadian and European pensionfunds too.
The statement, sent exclusively to the National Post , marks the first time Poilievre has explicitly addressed the issue of Alberta’s proposal to withdraw from the Canada Pension Plan (CPP) and set up its own pensionfund. My take: This is a great deal for BCI and Searchlight, a privateequityfirm BCI seeded.
It is for this reason that Canadian pension giant BCI finds itself in a rather enviable position. Under the leadership of global head of privateequity Jim Pittman, the C$233 billion ($172.8 BCI's PE program is split almost evenly between funds and directs which now make up roughly 42% of the PE assets. billion; €158.2
He started his career with KPMG on the Financial Institutions industry team, followed by eight years in the Corporate Finance group advising mid-market companies on M&A and financings. Gordon Brothers is a global advisory, restructuring and investment firm. Andrew holds a Bachelor of Commerce from McGill University.
. ~~~ BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, another extra special guest from the world of private markets, the Partners Group is probably the largest privateequityfirm you’ve never heard of, perhaps because they were originally headquartered in Zug, Switzerland. in Colorado.
So I worked at a privateequityfirm, that middle market privateequityfirm Yale had money with. Public pensionfunds that manage hundreds of billion dollars can be manned by professionals that make $80 to $150,000 a year. And then I got wooed by a friend from business school to a larger one.
KENCEL: “Barbarians at the Gate” and the financing. What most people don’t realize is that that deal had been hanging around as a potential transaction for a long time, and a lot of firms had looked at it, and it had conversations with the company. But, you know, these large firms were spinning off smaller privateequityfirms.
If you're a portfolio manager for a pensionfund 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. They can't recycle capital in the same way a privateequityfirm can or raise new capital.
This is the first large-scale transaction of its kind to be publicly announced, Bank of America’s global head of sustainable finance Karen Fang said in the statement. It “creates a financeable transferability product that will be used to scale the growth of renewable energy,” Fang said.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content