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return in 2024, boosted by private equity and stocks The Healthcare of Ontario Pension Plan (HOOPP) posted a 9.7% The pensionfund’s net assets grew to $123bn as of December 31, up from $112.6bn in 2023. return for its 2024 fiscal year, driven by strong gains in public equities and private equity.
The oversubscribed fund attracted significant backing from both returning and new investors, highlighting strong demand for the middle-market private equity firms focused investment strategy. The success of the fundraise reflects continued investor confidence in Pamlicos disciplined approach to value creation.
New Forests, a global sustainable investment manager, has raised 410m in the first close of its latest fund, focused on climate and forestry initiatives. The fund, supported by European investors such as pensionfunds, insurers, and family offices, aims to reach a final target of 600m.
The California Public Employees' Retirement System, known as CalPERS, manages the largest pensionfund in the U.S. So, the moves made in the fund portfolio aren't to be taken lightly. Tesla disappointed investors with its third-quarter earnings report. Meanwhile, the S&P 500 is up around 5%.
Canadian pensionfund Caisse de Dpt et Placement du Qubec (CDPQ), oil major Shell Plc, infrastructure investor IFM Investors, and Koch Industries. Colonial Pipeline, the largest fuel transportation network in the US, operates over 5,500 miles of pipeline from Houston to New Jersey.
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 pensionfunds to exert influence over GPs.
It highlights the growing demand for liquidity solutions among institutional investors. The capital was secured from a broad range of global investors, including pensionfunds, insurance companies, sovereign wealth funds, and family offices.
Allianz Global Investors closed its Private Markets Credit Opportunities Fund at 1.5bn, exceeding its initial target. The fund aims to provide flexible credit solutions to mid-sized companies across Europe, focusing on direct lending and structured credit investments. Source: Alternative Credit Investor Can’t stop reading?
AustralianSuper, the country’s largest pensionfund, is shifting money into equities on the expectation that artificial intelligence will fuel further gains in tech stocks. The A$335 billion ($223 billion) fund has started the new financial year 3% overweight in stocks.
Anchored by the Development Bank of Japan (DBJ), the fund attracted a broad mix of limited partners spanning the US, Japan, Europe, Australia, and the Middle East. More than half of the funds capital is already deployed across 15 projects totalling 2.25 GW of solar and battery storage capacity.
Dutch pensionfund PFZW has completed a $3.02 The pensionfund said in a statement that the companies have a “compelling climate transition strategy” and are “convincingly committed to switching from fossil fuel to low carbon energy sources”. Billion for Australia Private Credit Fund Ares Management Corp.
Australia’s third-largest pensionfund will officially open its first overseas outpost in London in November, a senior company official said, pushing for more private market investments as the sector outgrows the confines of home. Aware Super, with A$160 billion ($102 billion) in assets, will set up in the district of St.
Since then, it has funded bolt-on acquisitions including Wellframe and Altruista Health to expand the business. Minority investors including Coatue Management are also set to sell their stakes in the deal. The sale to Bain Capital is expected to yield a two-fold return, sources said. Can`t stop reading?
His hedge fund, Pershing Square Capital, invests in high-quality businesses with stocks that Ackman feels have become mispriced relative to their intrinsic value. Ackman's activist investor strategy requires a highly concentrated portfolio. He then uses his sway as a large shareholder to influence management and unlock value.
ADIAs Executive Director Hamad Shahwan AlDhaheri noted the strategic fit with the sovereign investors growing relationship with AlbaCore. Founded in 2016, London-based AlbaCore manages $9bn in assets on behalf of global pensionfunds, sovereign wealth funds, insurers, consultants, family offices, and endowments.
Aviva Investors, the global asset management business of Aviva, has launched its third fund under the Long Term Asset Fund (LTAF) regime with the creation of the Aviva Investors Multi-Sector Private Debt LTAF (MSPD LTAF).
Private equity firms and pensionfunds are pouring unprecedented amounts of money into the UK rental housing market, driven by soaring demand and a persistent housing affordability crisis, according to a report by the Financial Times. This follows a record 1.9bn in deals in 2022.
Major private equity firms have faced significant obstacles in selling or listing their China-based portfolio companies in 2023, with Beijings tightening restrictions on IPOs and a decelerating economy having left foreign investors capital effectively trapped, according to a report by the Financial Times. Today, the sentiment has shifted.
Read more: [link] Ares Management Corporation announced that its Ares European Strategic Income Fund (AESIF) has exceeded 2.2bn in assets under management within its first full year. The fund attracted both new and existing investors, including sovereign wealth funds, pensionfunds, insurance companies, consultants, and multi-family offices.
Investcorp has been chosen by Kumpulan Wang Persaraan (KWAP), one of Malaysias largest pensionfunds, to manage a $110m special managed account focused on private equity. This mandate highlights Investcorps growing presence in Asia, where the firm has raised $2.2bn from institutional investors in the past 18 months.
The fund focuses on European mid-market corporate special situations and has already deployed approximately 20% of its capital across nine investments in four countries. The investor base for ASOF V is geographically diverse, with commitments from North America (45%), Europe (30%), and Asia-Pacific (25%).
The fund is 33% larger than its predecessor, reflecting strong investor demand for energy transition investments. The new fund will invest in both junior and senior infrastructure debt, continuing Brookfields established approach. Employee and limited partner commitments also contributed to the funds oversubscribed close.
Insight Partners, a leading global software investor, raised $12.5bn for its latest fund, Insight Partners XII. The fund, one of the largest in the firms history, will focus on high-growth software and technology companies across multiple sectors. Source: PR Newswire Can’t stop reading?
The United Nations Joint Staff PensionFund (UNJSPF) recently reduced the allocation to equity in its $92.5 billion portfolio in what Pedro Guazo, representative of the secretary-general (RSG) for the investment of the UNJSPF assets, describes as a conservative strategic allocation in response to the overvaluation in tech.
31, 2023, a pensionfund that owns shares of Amazon has filed a lawsuit against Amazon's board of directors, alleging it "acted in bad faith" in declining to hire SpaceX to work on Project Kuiper. And as SpaceNews reported on Aug. A November 2020 expansion on the plans likewise failed to elicit guidelines or oversight from the board.
This $700m fund highlights the firms commitment to empowering middle-market companies with the financial tools they need to achieve long-term growth. The capital was raised from a diverse group of investors, including pensionfunds, family offices, and high-net-worth individuals.
Here's what every Bitcoin investor needs to know about this momentous event. Before their approval, investors could only gain exposure to Bitcoin indirectly through futures ETFs or trusts. More importantly, now Bitcoin can be easily added to pensionfunds, individual retirement accounts, and 401(k)s by investors and money managers.
Enlightenment Capital, a private equity firm specialising in Aerospace, Defence, Government, and Technology (ADG&T), has held the final close of its fifth investment fund, which was oversubscribed, with $825m in capital commitments. The capital raised marks a 50% increase from its previous fund.
It’s created “a ripple effect in the markets,” with both risks and opportunities for investors, he said. For funds included in its decarbonization policy unveiled on Tuesday, BlackRock said it will take the broadest measure of greenhouse-gas emissions into account.
Of the 200 limited partners (LPs) participating in the fund, approximately 80 were returning investors from AEF V, contributing nearly half of the capital raised with an average 13% increase in their commitments. At the same time, AEF VI welcomed nearly 120 new investors, including more than 50 first-time Ardian clients.
In the broader credit market, where insurance companies and pensionfunds seeking high returns have driven yields lower, private debt continues to attract investors. In the second quarter, private debt saw returns of 2.18%, while buyouts posted 1.47%, according to State Street’s index.
The fund attracted both new and existing investors, including sovereign wealth funds, pensionfunds, insurance companies, consultants, and multi-family offices. Warren Spector, chairman of Balbec, highlighted the strong investor confidence in the firms approach, investment process, and analytics.
The Texas-based firm, known for investing in lower middle-market companies, raised more than twice the amount of its $300m predecessor fund. Many of these investors have supported Blue Sage across multiple funds, with some relationships spanning nearly 25 years.
The fundraise attracted a range of global investors, with more than 465 investors in total from 44 countries across Europe, the Americas, the Middle East, and Asia. The LP base includes major pensionfunds, insurance companies, sovereign wealth funds, financial institutions, and high-net worth individuals.
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.
Fund II achieved a 107% re-up rate among existing limited partners as well as securing over €325m in new capital commitments. In addition to strong European support, over 40% of Fund II capital comes from US-based investors.
In a financial and political landscape filled with uncertainties, one asset has emerged as a beacon of hope for investors seeking a truly decentralized and resilient asset: Bitcoin (CRYPTO: BTC). With its unique attributes and growing acceptance, the cryptocurrency is proving that it deserves a spot in every investor's portfolio.
The report cites unnamed individuals familiar with the situation as revealing that the pensionfund, 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.
According to a recent release, the fund raised in just four months and attracting a diverse range of investors from across Europe, the Americas, Asia, and the Middle East includes public and private pensionfunds, asset managers, sovereign wealth funds, family offices, and financial institutions, among its investor base.
Growth equity firm Valspring Capital has closed its first fund, Valspring Capital Fund I, exceeding its $255m target, with plans to focus on investments in growth-stage companies in the healthcare sector. Valspring Capital was founded in 2022 by a team that previously worked at Bain Capital Ventures.
Firms have adapted fundraising efforts – by raising capital from new regions and investor types. Flexible fund structures are on the rise, to accommodate a range of currencies and liquidity ratios. We recognise that each class of investor has its own challenges, and need to discuss these with their peers in a closed-door setting.
Alternative AUM will keep rising Investors have steadily increased their allocations to alternative investments over the years because they can lower volatility, enhance returns, and provide broader portfolio diversification. One factor expected to drive growth in alternatives is a growing allocation to these investments by wealthy investors.
Alternative investment giant Blackstone has opened its retail private credit fund ECRED to retail investors in France as part of an exclusive partnership with BNP Paribas’ wealth management and Cardif companies. Now, Europe beckons, with an estimated $50tn cash pile held by the continent’s affluent investors. has raised A$2.6
Two of Australia’s largest pensioninvestors 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.
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