Private Equity Wire

FEBRUARY 7, 2024

I’ve also had the benefit of working with a large commercial asset manager – on the listed side – that taught me about the value of ESG data: not just in terms of collecting and analysing it, but also being able to leverage data for product development and stewardship activities.

Capital 89

Capital Best Practices Pension Funds Buyout 89

Pension Pulse

SEPTEMBER 5, 2023

Caledonia’s stake in 7IM was valued at £187mn as of March 31. The Canadian fund already has significant investments in the UK. Last year it bought a 25 per cent stake in SSEN Transmission, a division of Scottish energy company SSE, for £1.5bn. It also holds stakes in London City, Bristol and Birmingham airports.

Stakes 59

Stakes Asset Management Assets Financial Services 59

Pension Pulse

DECEMBER 20, 2023

Larger investors like IMCO can leverage scale to reduce costs and improve returns, by negotiating better fees with key partners and investing directly alongside them. Research by CEM Benchmarking shows that costs can play as big a role in returns as active management, particularly for smaller funds. They directly impact net returns.

Bidding 59

Bidding Pension Funds Assets Banks 59

Fortune Financial

AUGUST 7, 2023

It encompasses strategies such as venture capital, leveraged buyouts and investing directly in publicly-traded private equity firms. Leveraged Buyouts In contrast, there are leveraged buyouts (LBOs) that involve acquiring established companies with the aim of restructuring or improving their operations to enhance profitability.

Hedge Funds 52

Hedge Funds Due Diligence Portfolios Leveraged Buyouts 52

Fortune Financial

AUGUST 7, 2023

It encompasses strategies such as venture capital, leveraged buyouts and investing directly in publicly-traded private equity firms. Leveraged Buyouts In contrast, there are leveraged buyouts (LBOs) that involve acquiring established companies with the aim of restructuring or improving their operations to enhance profitability.

Hedge Funds 52

Hedge Funds Due Diligence Portfolios Leveraged Buyouts 52

The Motley Fool

AUGUST 3, 2023

Next, a top Canadian pension fund manages billions of dollars in investments. So, do you think this is really table stakes now? So, just curious, Mark, how you are thinking about resource allocation, and how much is maybe new headcount in international regions such as India helping with some of that operating leverage?

Professional Services 100

Professional Services Prospects Leveraging Pension Funds 100

The Motley Fool

AUGUST 3, 2023

What are the key issues at stake? Our customers have also asked for features around unified margin and additional kind of financing and leverage-type features. Now, I think pro trader could also mean hedge funds and the largest market makers in the world and pension funds and endowments, and sovereign wealth funds.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Assets Legal Shareholders 100

The Motley Fool

SEPTEMBER 17, 2023

I still owe the guys stake if I could find him. Much of their language is going to be around leverage and accounts receivable and gross margin. Their structures are built by their customers who are the limited partners by and large mostly its pension funds. David Gardner: He's probably listening right now.

Due Diligence 130

Due Diligence Capital Mergers and Acquisitions Public Companies 130

Pension Pulse

MAY 15, 2023

Marcie Frost, Nicole Musicco and Theresa Taylor are well aware of their responsibilities as the CEO, CIO and chair of America’s largest pension fund, the $443 billion CalPERS. And the team is also spending more time leveraging its partner relationships to help operationalise the attraction of diverse talent.

Pension Funds 52

Pension Funds Assets Consulting Consultants 52

Pension Pulse

MAY 14, 2024

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 billion in assets, said the attraction of low default rates for leveraged loans, estimated at 1.5%-2%

Pension Funds 59

Pension Funds Collateral Funds Hedge Funds 59

The Motley Fool

APRIL 18, 2024

And now we've transitioned to addressing the sector's growing power needs, leveraging our sizable energy infrastructure platform, which includes the largest private renewables developer in North America. And we think long term, there is a -- it's a robust margin position that we'll scale and leverage over time.

Assets 130

Assets Debt Banks Capital 130

Pension Pulse

DECEMBER 11, 2023

But as the fund moves more into private assets, the collaborative model focuses not just on internal management but how CalSTRS can partner with external providers in innovative ways to achieve similar benefits. “As Private credit is another area the fund is looking at strategically. It will look like a pyramid.

Returns 69

Returns Pension Funds Leveraging Investing 69

Pension Pulse

AUGUST 16, 2024

High profile investment funds including Stanley Druckenmiller’s Duquesne Family Office, David Tepper’s Appaloosa Management, Soros Capital and Lee Ainslie’s Maverick Capital all cut their stakes in Nvidia in the second quarter, the filings show. percent to its recently disclosed stake in insurance giant Chubb.

Hedge Funds 59

Hedge Funds Funds Asset Management Stakes 59

Pension Pulse

MAY 1, 2024

pension fund manager sells $1-billion of private equity holdings to French buyout firm Ardian: British Columbia Investment Management Corp. is selling more than US$1-billion of stakes in private equity funds to French buyout firm Ardian SAS, tapping the secondaries market for private assets to free up cash for new investments.

Leveraged Buyouts 59

Leveraged Buyouts Pension Funds Buyout Stakes 59

Pension Pulse

MAY 25, 2023

is acquiring a minority stake in a corporate consultant and fund administration provider. Zedra, which provides wealth, governance and administrative services for corporations, pensions, trusts and funds, was launched in the Isle of Man in 2016. PBS Frontline also examines who is establishing trusts in South Dakota.

Stakes 52

Stakes High Net Worth Individuals Taxes Buyout 52

Pension Pulse

FEBRUARY 16, 2024

David Hollerith of Yahoo Finance reports Amazon, Alphabet, and Nvidia attract new interest from Wall Street's biggest investors: Some of Wall Street’s biggest investors made new bets on technology giants in the fourth quarter, loading up on stakes in Amazon ( AMZN ), Alphabet ( GOOG , GOOGL ), Alibaba ( BABA ), and Nvidia ( NVDA ).

Hedge Funds 59

Hedge Funds Funds Asset Management Assets 59

Pension Pulse

SEPTEMBER 3, 2024

Over the last decade, the real estate arm of Quebec’s $300 billion pension fund tore through U.S. percent stake in 1411 Broadway, which it acquired in 2012 for more than $360 million. Brotschol said that at about 50 percent loan-to-value, the mortgage was conservatively leveraged. The Caisse pension fund reported a -6.2

Pension Funds 59

Pension Funds Liabilities Stakes Debt 59

Pension Pulse

APRIL 24, 2024

Florence Chong of IPE Real Assets reports ADQ buys 49% of infrastructure platform Plenary as CDPQ sells 20% stake ADQ, an Abu Dhabi state-owned investment company, has purchased a 49% stake in global public infrastructure group Plenary for an undisclosed price, believed to be around A$1bn (€609m).

Stakes 59

Stakes Pension Funds Bidding Shareholders 59

Pension Pulse

JULY 4, 2023

The company is still in talks with its shareholders about raising as much as £1 billion in fresh funds following a £500 million injection agreed last year. Its largest shareholder is Canadian pension fund Ontario Municipal Employees Retirement System (Omers), which holds a nearly 32 per cent stake.

Pension Funds 52

Pension Funds Debt Shareholders Stakes 52

Pension Pulse

NOVEMBER 15, 2023

This occurs when the value of bonds and shares of publicly listed firms decline, as they did recently, bringing down the total assets of a pension fund. Canadian pension funds are among the largest private equity investors in the world. Denominator effect The first is what’s known as the “denominator effect.”

Stakes 59

Stakes Pension Funds Assets Buyout 59

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. KKR & Co.

Pension Funds 59

Pension Funds Investing Assets Enterprise Values 59

Pension Pulse

AUGUST 28, 2024

CPP Investments, the public pension plan’s asset manager, has about $36 billion under management in Latin America, or about 5% of its global portfolio, in sectors from electric utilities and sanitation to real estate, telecoms and logistics. The bigger picture: Scaling new heights.

Investing 59

Investing Pension Funds Bidding Stakes 59

The Big Picture

JUNE 13, 2023

The exposure you get in investment banking, I was a leveraged finance banker by background. CHABRAN: Maybe because I come from a leverage finance background, as I told you, I tend always to focus on the downside. I think it was a great training. I think we learned a lot. And I think this is where the industry should be heading.

Banks 59

Banks Asset Management Assets Capital 59

Pension Pulse

MAY 19, 2023

It's a nice short candidate here which is why I'm looking to short it using the AXS 1.25X NVDA Bear Daily ETF ( NVDS ) which has a little leverage too magnifying returns. You can also click on column headings too and see which funds significantly increased their stake. So what's the problem? I can go on and on and on!!

Hedge Funds 52

Hedge Funds Funds Asset Management Assets 52

Pension Pulse

AUGUST 20, 2024

There was, though, a conspicuous absence of one member of Canada’s so-called Maple 8 pension fund group. So, we really leverage our GP relationships for that purpose and they leverage us as a reliable and responsive co-investor or co-underwriting partner as a form of de-risking of transactions for the funds that they manage.

Pension Funds 59

Pension Funds Assets Leveraging Funds 59

Pension Pulse

FEBRUARY 14, 2024

Earlier today, CDPQ issued a press release stating it has acquired an 80% stake in a solar plant in Japan: CDPQ, a global investment group, today announced it has acquired an 80% stake in a solar power generation plant in Japan, alongside its portfolio company Shizen Energy Inc. Some more food for thought for my pension readers.

Stakes 59

Stakes Consultants Consulting Pension Funds 59

Pension Pulse

DECEMBER 12, 2023

The Montreal Gazette reports Rogers sells minority stake in Cogeco to CDPQ for $829 million: Rogers Communications announced Monday it has agreed to sell all its shares in Cogeco to the Caisse de dépôt et placement du Québec for $829 million in an effort to keep its investment-grade rating. Rogers held large stakes in Cogeco Inc.

Stakes 59

Stakes Leveraging Bidding Debt 59

Pension Pulse

JULY 11, 2024

“It gets back to the ability to grow the operating performance of the companies and making sure that returns” come from that rather than from “financial leverage,” he tells Bloomberg. And the use of PIK and other forms of so-called “back leverage” makes it even more difficult to get a clear picture on the state of privately owned companies.

Buyout 59

Buyout Debt Leveraging Pension Funds 59

Pension Pulse

NOVEMBER 20, 2024

Swetha Gopinath of Bloomberg reports Ontario Teachers' Pension Plan to co-own financial advisor Max Matthiessen: Ontario Teachers’ Pension Plan (OTPP) agreed to acquire a co-control stake in Stockholm-based financial advisor Max Matthiessen from private equity firm Nordic Capital Ltd. www.nordiccapital.com.

Capital 59

Capital Financial Services Pension Funds Leveraging 59

Pension Pulse

AUGUST 14, 2024

I told Vincent that 22 years ago, I was working in Mario Therrien's team, in charge of managing a significant directional hedge fund portfolio made up of top global macro funds, L/S Equity, CTAs and a few short sellers and one or two fund of funds (I had a lot of work to fix that portfolio after inheriting it).

Hedge Funds 59

Hedge Funds Assets Pension Funds Portfolios 59

Pension Pulse

APRIL 25, 2024

Paula Sambo of Bloomberg reports Canada pension fund's credit head wants to take advantage of leveraged buyout boom: Canada’s largest pension fund plans to nearly double the size of its credit holdings over the next five years, and it’s counting on an upturn in leveraged buyouts to generate some of that growth.

Leveraged Buyouts 59

Leveraged Buyouts Buyout Pension Funds Mergers and Acquisitions 59

Pension Pulse

AUGUST 24, 2023

A month ago, Eliyahu Kamisher of the Los Angels Times reported that CalPERS pension fund posts 5.8% gain in its latest fiscal year as the stock market rally and private debt buoyed the largest traditional public pension fund in the United States. pension fund, has yet to release its fiscal 2023 results.

Pension Funds 52

Pension Funds Debt Assets Banks 52

Pension Pulse

JULY 16, 2024

A higher cost of debt and slower economic growth have created a tough investing environment, pushing down the value of some private assets that pension funds own. Private credit has been one of the best-performing asset classes for some large pension funds in recent years, often earning double-digit percentage gains.

Pension Funds 64

Pension Funds Assets Buyout Debt 64

Pension Pulse

MAY 23, 2024

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 pension fund that is the most invested, in the world, in its local economy.” More than ever, Canada’s largest pension funds are being pressed to play the same role in the rest of the country.

Pension Funds 59

Pension Funds Stakes Banks Finance 59

Pension Pulse

FEBRUARY 22, 2024

Regarding the pension fund's bond assets, CDPQ said the fixed income market was characterized by higher yields and the narrowing of corporate credit spreads. In equity markets, Canada’s second-largest pension fund benefited from its high exposure to the technology sector with a 17.7 and down 0.2% in Canada," CDPQ added.

Returns 59

Returns Pension Funds Assets Debt 59

Pension Pulse

AUGUST 15, 2023

The growth came as the fund earned a 12-month total-fund net return of 4.8 The pension fund, which invests to pay for the retirement for 336,000 working members and pensioners, noted that as of Jan. 1 the plan was fully funded with a $17.5-billion billion funding surplus. per cent and 8.6

Pension Funds 52

Pension Funds Assets Liabilities Stakes 52

Pension Pulse

JULY 24, 2024

billion; €6 billion) in liquidity last year, including roughly C$6 billion from selling direct investments and receiving dividend recapitalisations, and around C$3 billion from selling private equity fund stakes in the secondaries market, head of PE Martin Longchamps tells affiliate title Private Equity International.

Pension Funds 59

Pension Funds Buyout Stakes Finance 59