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
Canadian pensionfund Caisse de Dpt et Placement du Qubec (CDPQ), oil major Shell Plc, infrastructure investor IFM Investors, and Koch Industries. Some of these stakeholders may opt to retain stakes in any potential transaction. The company is currently owned by private equity giant KKR & Co.,
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.
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.
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. The fund increased its stake in Tesla by 34% in the third quarter, and it's nearly tripled its position in 2023.
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.
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?
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. Other investors who are sitting on a lot of cash may see this as an expensive way to get cash back.
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%). Can’t stop reading?
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.
Dutch pensionfund PFZW has completed a $3.02 billion) divestment of stakes in fossil fuel companies, leaving only seven oil and gas firms in its portfolio. The pensionfund is targeting 50 percent absolute carbon reduction by 2030 for equities, liquid credit and real estate, she noted. billion (EUR 2.8 Raízen S.A.,
The fund is 33% larger than its predecessor, reflecting strong investor demand for energy transition investments. The firms previous infrastructure debt fund, which closed in November 2023 with more than $6bn in investor commitments, is now largely deployed, with a significant portion allocated to data and renewable energy assets.
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. The country’s biggest fund, AustralianSuper, recently poached senior executives from J.P.
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.
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.
Chris Witkowsky of Buyouts reports Canadian giant PSP Investments shops $1 billion-plus portfolio: PSP investments is shopping a large portfolio of fundstakes that could total up to around $1.5 billion, according to sources and confirmed by the pension system in a statement to Buyouts.
L Catterton, the private equity firm backed by luxury French fashion house LVMH, is looking to sell its stake in Saudi Arabian gourmet food producer and restaurant chain Bateel, according to people familiar with the matter. Read more BlackRock Unveils Climate Policies for $150bn in Funds BlackRock Inc.
idOcean Energy, a portfolio company of private equity investor EIG, has agreed to acquire a 20% interest in PLNG from SK Earthon. Billion for Australia Private Credit Fund Ares Management Corp. billion) for a credit fund for Australia and. billion) divestment of stakes in. Read more Ares Raises $1.7 has raised A$2.6
I Squared Capital is considering selling a minority stake in Think Gas Distribution Pvt. The private equity firm is working with an adviser to sell as much as a 30% stake in Think Gas, said the people, who asked not to be identified as the information is private. Source: BNN Bloomberg Can’t stop reading?
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.
The company's total allocation is spread across several of these ETFs, featuring a $238 million stake in BlackRock 's iShares Bitcoin Trust. As of June 10, over half of the top 25 most valuable hedge funds in the United States were exposed to Bitcoin via the spot ETFs. Consider when Nvidia made this list on April 15, 2005.
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.
US institutional investors are offloading their private equity holdings at slashed prices, reflecting a broader trend of reducing exposure to the illiquid asset class, with pensionfunds and endowments leading the charge, according to a report by the Financial Times.
The market for secondary sales of private equity (PE) stakes is experiencing unprecedented activity this year as investors look to exit ageing assets due to a cash crunch and a slowdown in dealmaking, according to a report by the Financial Times.
Oliver Haill of Collective Investments also reports BBGI Global Infrastructure agrees takeover by Canadian pensionfund: BBGI Global Infrastructure SA (LSE:BBGI) has received a 1.6 billion all-cash offer from Canadian pensionfund manager British Columbia Investment Management (BCI).
Investors showed frustration with the news by sending BCE’s stock 9 per cent lower in early trading on Monday. But the deal is also a gamble, considering investors have worried about BCE’s ability to afford its dividend and pay down debt. internet provider Ziply and pausing dividend hikes: Bell Canada parent BCE Inc.
The New York State Teachers Retirement System (NYSTRS) committed $400m (£315.55m) to private debt funds between October and December last year. The pensionfund allocated $300m to the OIC Credit Opportunities IV fund, while the remaining $100m was committed to the Peninsula VIII, according to publicly available documents.
Prominent African and global institutional investors have signed on to the new $500 million Africa50 Infrastructure Acceleration Fund – a move described as an unprecedented milestone for Africa. The fund is the first private vehicle infrastructure platform launched by Africa50. Source: AFDB Can’t stop reading?
Coalesce Capital, a private equity firm focused on investments in human capital-driven and technology-enabled services companies, has closed its inaugural fund, Coalesce Capital Fund I, and parallel vehicles, with $900m in total capital commitments. Billion for Australia Private Credit Fund Ares Management Corp. has raised A$2.6
The new fund comprises around A$850 million from investors and the balance in loans from Sumitomo Mitsui Banking Corp. Investors include two Asia Pacific sovereign wealth funds, pensionfunds, insurance companies, family offices and high net worth individuals, according to Ares, without identifying them.
The firm has been focused on investor returns as of late. Last year, BC Partners sold a minority stake in PetSmart to Apollo Global Management. Billion for Australia Private Credit Fund Ares Management Corp. billion) for a credit fund for Australia and. billion) divestment of stakes in. Read more Ares Raises $1.7
Global buyout firm Apollo Global Management is building out a new team to target family offices as its looks to widen its fundraising efforts to include ultra-wealthy investors as well as institutions, according to a report by Bloomberg. read more The post Apollo To Target Top Family Offices appeared first on Private Equity Insights.
Swiss Life Asset Managers has launched its first open-ended private infrastructure fund, Swiss Life Funds (LUX) Privado Infrastructure S.A., Following this, eligible investors can opt for monthly subscriptions and quarterly redemptions, subject to certain gates. Billion for Australia Private Credit Fund Ares Management Corp.
The system works exceptionally well, yet in the past year, we have seen increasing calls to change this model and use pensionfunds as a policy tool. The system works exceptionally well, yet in the past year, we have seen increasing calls to change this model and use pensionfunds as a policy tool.
US private equity giant KKR and top Canadian pensionfund Canada Pension Plan Investment Board ( CPPIB) have launched a $465 million block deal in Indus Towers as both investors eye an exit from the leading telecom tower company, multiple industry sources in the know told Moneycontrol. per share on January 31.
The report cites unnamed sources familiar with the matter as saying that Paris-based Ardian, which has around $150 billion under management, is ultimately targeting $25 billion for the new fund.
In January, the fund said it would combine that real estate business with another specializing in lending against properties, a merger that’s expected to save the plan $100 million annually. The reorganizations change an approach that had made Canada’s pensionfunds powerhouses in the property market.
Layan Odeh of Bloomberg reports Ontario Teachers CEO sees chance to snap up cheap European assets: Ontario Teachers Pension Plan is turning more attention to European markets as other investors remain fixated on the U.S., The Toronto-based pensionfund had 17% of its investments in Europe, including the UK, as of the end of 2023.
Investors in NPV ESG include KLP, a German occupational pensionfund, and a large Nordic pensionfund. NPV ESG expects to secure commitments from additional investors in its second close later this year, with several investors currently active in due diligence.
Laura Benitez and Nishant Kumar of Bloomberg report hedge funds draw pension money to riskiest corner of a $1.3 trillion credit market: A high-stakes trade in the riskiest corner of a $1.3 New York-based Dan Zwirn, founder and chief executive officer of Arena Investors LP, an institutional manager overseeing more than $3.5
Derek Decloet and Christine Dobby of Bloomberg report Canada taps ex-BOC governor to examine how pensionfunds invest: Canada’s finance minister has asked former central bank governor Stephen Poloz to examine ways to entice its pensionfunds to invest more in the country.
European utility Engie has joined forces with Canada’s second-largest pensionfund to try to buy British power network Electricity North West (ENWL), according to two sources with knowledge of the matter. Read more South Korea’s Hahn & Co raises $3.4bn for new buyout fund Aircraft landing gear maker Héroux-Devtek Inc.
The proposed reform, labelled the billionaires bill, which has reignited long-standing debates following Elon Musks high-profile legal battles, aims to recalibrate shareholder litigation standards potentially making it more difficult for investors to challenge corporate executives in court.
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. stake in video-game provider Keywords Ventures Ltd. The investments included a 24.5%
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