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Florida pension fund looking to sell up to $4bn in private debt

Private Equity Wire

The report cites unnamed individuals familiar with the situation as revealing that the pension fund, 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

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Breaking Down 1 of Wall Street's Biggest Bitcoin Buys: A Warning or a Signal to Join the Cryptocurrency Revolution?

The Motley Fool

Just a year ago, such an allocation likely wouldn't have appeared on such filings, but with the approval of spot Bitcoin exchange-traded funds (ETFs) in January, the doors have been effectively opened for institutions like Goldman Sachs to gain exposure to the cryptocurrency.

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Thoma Bravo agrees $1.5bn Everbridge take-private deal

Private Equity Insights

Qatalyst Partners is serving as financial advisor and Cooley is serving as legal counsel to Everbridge. Kirkland & Ellis is serving as legal counsel to Thoma Bravo. Billion for Australia Private Credit Fund Ares Management Corp. billion) for a credit fund for Australia and. Read more Ares Raises $1.7 has raised A$2.6

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MainePERS makes $200m alternatives commitment

Private Equity Wire

The Maine Public Employees Retirement System (MainePERS), based in Augusta, has approved two alternative investment commitments totalling up to $200m, according to a report by Pensions & Investments Online citing James Bennett, the Chief Investment Officer of the $20.2bn pension fund.

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BC Partners sells Forno d’Asolo to Investindustrial and Sammontana in €1.1bn deal

Private Equity Insights

Rothschild and UniCredit acted as financial advisors and Latham & Watkins acted as legal advisor for the transaction. Billion for Australia Private Credit Fund Ares Management Corp. billion) for a credit fund for Australia and. Billion for Australia Private Credit Fund Ares Management Corp. Read more Ares Raises $1.7

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Dutch Pension Funds Send Shockwaves Through Euro Swap Market

Pension Pulse

James Hirai of Bloomberg reports Dutch pension funds send shockwaves through euro swap market: Dutch pension funds are plowing cash into long-dated swap contracts, according to strategists, upending one of this year’s most popular trades. The funds, by far the region’s largest with more than €1.5 in a client note.

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Harvest Partners closes latest buyout found at $5.3bn

Private Equity Insights

HP IX has over 90 investors, primarily institutional and well diversified across pension funds, sovereign wealth funds, insurance companies, asset managers and family offices. Davis Polk & Wardwell LLP served as legal counsel for HP IX. Harvest and its affiliates have over $20 billion of assets under management.

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