Private Equity Insights

DECEMBER 15, 2023

The fund invests in North America and Europe , supporting the growth of companies primarily within the clean power generation, transmission, storage, energy efficiency and industrial decarbonization sectors, as well as associated services and supply chain businesses.

Capital 130

Capital Private Equity Firms Private Equity Firms Pension Funds 130

Private Equity Insights

DECEMBER 4, 2023

energyRe will leverage these strategic investments to advance its mission of decarbonizing American cities with abundant, affordable clean power and modern, well-connected electric grids. Glentra will leverage its track record in developing and constructing renewable energy assets in the U.S. energyRe, an independent U.S.

Capital Investments 130

Capital Investments Capital Investing Stakes 130

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 Stakes Liabilities Debt 59

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

Private Equity Insights

DECEMBER 4, 2023

energyRe will leverage these strategic investments to advance its mission of decarbonizing American cities with abundant, affordable clean power and modern, well-connected electric grids. Glentra will leverage its track record in developing and constructing renewable energy assets in the U.S. energyRe, an independent U.S.

Capital 130

Capital Investing Leveraging Pension Funds 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 Investing Leveraging 69

Pension Pulse

DECEMBER 18, 2023

and funds affiliated with Rialto Capital (“Rialto”) today announced that they have entered into a newly formed joint venture with the Federal Deposit Insurance Corporation (“FDIC”) and acquired a 20% equity stake for $1.2 As I said above, not surprised in the least about this follow-on investment in Octopus Energy.

Stakes 59

Stakes Portfolios Investing Banks 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

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

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

Pension Pulse

AUGUST 14, 2023

In 2015 the two funds partnered with Banco Santander SA (SAN.MC) to launch Cubico, and became equal owners after buying out the Spanish bank's stake the following year. Cubico is endorsed by two of Canada’s biggest pension funds and has a worldwide portfolio in ten states with an installed gross capacity of roughly 3.1GW.

Pension Funds 52

Pension Funds Investing Earnings Before Interest Amortization 52

Pension Pulse

APRIL 9, 2024

Our ambition is to democratise the rental market for students and other renters alike by leveraging our operational scale and delivering inspired intelligent design experiences at value,” Scape’s Carracher said.

Pension Funds 59

Pension Funds Education Leveraging Assets 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 14, 2023

For one, the OIB is being pitched as a silver bullet for funding the province’s infrastructure needs – as if all that’s necessary is to set out public funds and guarantees, and the private sector will follow. This is their understandable fiduciary duty, but one that does not include protecting (let alone advancing) the public interest.

Banks 59

Banks Pension Funds Investing Financing 59

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

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

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 98

Capital Best Practices Pension Funds Buyout 98

Pension Pulse

SEPTEMBER 15, 2023

The Ontario fund’s strategy was innovative at the time, and paved the way for what is now known as the Canadian pension model. If the pension fund falls short, municipalities across the state could be forced to increase payments and cut city services to meet the pension obligations of more than two million Californians.

Pension Funds 59

Pension Funds Hedge Funds Private Equity Firms Private Equity Firms 59

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 Funds Collateral Hedge Funds 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

SEPTEMBER 12, 2023

At C$146 billion, equivalent to a quarter of the entire C$575 billion pension fund for some 21 million Canadians and forecast to grow bigger every year, Kim leads a program that is also heading into unchartered territory. Most were on the fund's private equity team and were informed early last month, according to two of the people.

Portfolios 69

Portfolios Pension Funds Due Diligence Investing 69

Pension Pulse

AUGUST 7, 2023

They’re talking about asset management firms, in which public pension funds often have investments, supporting shareholder proposals meant to achieve social justice or climate objectives yet of dubious financial value. Let me begin by stating the only thing I can't stand more than left-wing drivel is right-wing drivel.

Investing 52

Investing Pension Funds Collateral Asset Management 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

AUGUST 23, 2023

It is for this reason that Canadian pension giant BCI finds itself in a rather enviable position. billion) public pension fund has spent much of the past decade using the secondaries market to cultivate a comparatively liquid portfolio of illiquid assets. billion; €158.2 We were very slow to get into venture capital and growth.

Pension Funds 52

Pension Funds Assets Debt Private Equity Firms 52

Pension Pulse

AUGUST 21, 2024

This investment follows UPP’s initial involvement with Quinbrook’s Net Zero Power Fund. Quinbrook, known for its extensive portfolio of renewable energy projects in the UK, US, and Australia, is leveraging this new investment to enhance Rowan’s capacity to deliver critical infrastructure solutions.

Investing 59

Investing Assets Due Diligence Funds 59

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 Investment Horizon 59

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 Financing 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

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 Assets 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

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

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

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

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

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

MAY 22, 2024

Ian Bickis of The Canadian Press reports CPP Investments earned 8 per cent in latest fiscal year, net assets rose to $632 billion: Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 Invested C$534 million in KPN, bringing our ownership stake to 2.9%.

Investing 59

Investing Pension Funds Stakes Assets 59

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