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Momentum is building, in part, thanks to Swisscantos latest launch: the Private Equity Switzerland Growth II L-QIF fund. A Swisscanto spokesperson confirmed that several pensionfunds have already committed. Romano Gruber, team leader at PPCmetrics, pointed out that Swiss pensionfunds currently allocate around 2.5%
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. HOOPPs public equities portfolio delivered a 17.9% gain, while its private equity investments returned 12.7%.
Ackman's activist investor strategy requires a highly concentrated portfolio. billion portfolio is invested in just three companies. See the 10 stocks Ackman's focus on long-term value makes all three of these stocks potential candidates for individual portfolios. As a result, over 45% of Pershing Square's $13.4 stock indexes.
The New York State Common Retirement Fund, one of the largest public pensionfunds in the US, allocated over $3bn in November 2024. Among the private equity investments, NYSCRF allocated $2bn across four tranches to Neuberger Bermans NB Co-Investment Fund III. More than $2.7bn went to private equity.
The California Public Employees' Retirement System, known as CalPERS, manages the largest pensionfund in the U.S. Its portfolio of stocks, private debt and equity, bonds, real estate, and other investments totals $452.3 So, the moves made in the fundportfolio aren't to be taken lightly.
The capital was secured from a broad range of global investors, including pensionfunds, insurance companies, sovereign wealth funds, and family offices. The firms strategy allows it to address the needs of investors seeking flexibility and efficient portfolio management, especially in a rapidly evolving market.
The investor base includes strong re-up commitments from Fund I participants and new backing from pensionfunds, insurance companies, fund-of-funds, asset managers, endowments, and family offices. More than half of the funds capital is already deployed across 15 projects totalling 2.25
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.
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. PFZW is working towards a climate-neutral investment portfolio by 2050. Billion for Australia Private Credit Fund Ares Management Corp. billion (EUR 2.8
The fund aims to provide flexible credit solutions to mid-sized companies across Europe, focusing on direct lending and structured credit investments. The capital was raised from a global pool of investors, including insurance companies, pensionfunds, and family offices.
Fengate is managing the acquisition on behalf of Fengate Infrastructure Yield Fund and affiliates, including a fund owned by LiUNA's PensionFund of Central and Eastern Canada. The post Fengate acquires US-based wireless communication towers portfolio appeared first on PE Hub.
Six of Canada’s biggest pensionfunds managing C$1.3 Read more Canada’s Top PensionFunds Embark on Major Private Credit Expansion with C$1.3 Trillion in Assets Six of Canada's biggest pensionfunds managing C$1.3 Trillion in Assets Six of Canada's biggest pensionfunds managing C$1.3
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 pensionfund. of its total assets.
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. Sigma Capital Group, an early entrant, has grown its portfolio to over 8,500 homes.
The Connecticut Retirement Plans & Trust Funds (CRPTF) has committed up to $450m to bolster its private equity portfolio, according to a report by Pensions & Investments citing an announcement by State Treasurer Erick Russell. As of June 30, the pensionfund had an actual allocation of 11.3%
The open-ended fund, launched in 2024, provides individual investors in Europe and Asia access to Ares European direct lending strategy, raising capital primarily through the wealth channel. AESIF offers a diversified portfolio of directly originated, senior secured floating-rate loans to businesses across Western Europe.
The fund, one of the largest in the firms history, will focus on high-growth software and technology companies across multiple sectors. The capital was raised from a broad investor base, including pensionfunds, sovereign wealth funds, and family offices.
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.
It includes institutional investors such as pensionfunds, sovereign wealth funds, financial institutions, consultants, and family offices. The investor base for ASOF V is geographically diverse, with commitments from North America (45%), Europe (30%), and Asia-Pacific (25%).
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.
The Australian Retirement Trust, a pensionfund valued at AUD260bn ($174bn), plans to increase its private credit allocation over the next year, targeting opportunities in Europe and North America. Last month, ART opened an office in London, joining AustralianSuper and Aware Super’s expansion into the UK.
The fund focuses on real estate secondaries, acquiring stakes in mature funds, providing liquidity to limited partners, and recapitalising existing assets. Employee and limited partner commitments also contributed to the funds oversubscribed close. Can`t stop reading?
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.
The head of Asia private equity at the Canada Pension Plan Investment Board (CPPIB), Frank Su, has left the firm to join the Abu Dhabi PensionFund as its global head of private equity, according to a report by Pension & Investments.
The world’s largest money manager said the decision affects 83 funds domiciled in Europe, according to an update to clients sent on Tuesday. Crucially, the portfolios affected by the policy will consider both financial performance and decarbonization objectives, BlackRock said. above pre-industrial temperatures.
Pensionfund KPN is aiming to make an investment of between 5% and 7% of its €10bn assets in infrastructure, corporate and real estate debt by 2026, with half of that total going to impact investments – if the fund can identify suitable managers – according to a report by IPE.com.
Global pensionfunds have continued to ramp up their private equity investments in 2024, with the 20 largest funds globally allocating a combined $707.6bn to the asset class so far this year, according to a report by Banking Exchange.
Enlightenment Capital Solutions Fund V exceeded its initial target of $600m and its original hard cap of $750m, reflecting strong investor demand from a diverse pool of investors, including pensionfunds, asset managers, endowments, family offices, and insurance companies.
TRS is reducing its target allocation to private equity from 14% to 12%, below the average 13% for US public pensions. of its portfolio. TRS plans to implement this reduction starting in October, focusing on smaller middle-market funds instead of large buyout funds.
Geographically, the fund has attracted a highly diversified group of investors, with LPs from 28 countries across the world, with notable growth in commitments from LPs in MENA, the Americas, Asia, the UK, the Nordics, and the Netherlands. Already 33% deployed, the fund has completed eight transactions in category-leading companies.
The New Hampshire Retirement System (NHRS) has approved two major commitments to alternative investments, totalling a combined $100m, as part of its ongoing strategy to diversify its portfolio, according to a report by Pensions & Investments.
The loosening of credit conditions is likely to help private equity by easing borrowing constraints, which have slowed deal-making, while lower credit costs could also relieve pressure on portfolio companies that had taken on costly leverage amid high borrowing costs, smoothing the path for exits.
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 Florida State Board of Administration (SBA) is preparing to sell a portfolio of private credit holdings valued at up to $4bn, in what could become one of the largest deals in this market, according to a report by Bloomberg.
The Fresno County Employees’ Retirement Association (FCERA) has approved $140m in new commitments to alternative investment funds during the fourth quarter of 2024, according to a report by Pension & Investments Online citing a letter from retirement investment officer Conor Hinds.
Many firms borrowed against their portfolio companies to sustain the private market boom while dealmaking dwindled. Ares Management, Perpetual Investors, and 17Capital report that NAV loans are increasingly being reinvested into portfolio companies or utilised for add-on acquisitions instead of being used for payouts.
James Bradshaw of the Globe and Mail reports Ontario Teachers Pension Plan closes Hong Kong office: Ontario Teachers Pension Plan is closing its Hong Kong office and shifting some staff to Singapore, as the $256-billion pensionfund looks to streamline its operations in Asia.
The new fund has received an initial £750m of investment capital from Aviva’s flagship My Future Focus default pensions solution, which invests in a broad range of asset classes on behalf of the firm’s range of auto-enrolment Defined Contribution (DC) default strategies.
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. For years, institutional investors like pensionfunds and insurance companies have driven growth in alternatives.
We are pleased to complete the acquisition of Mitre Yard, adding to our best-in-class UK Build to Rent portfolio. Gary Sacks, CEO, City & Docklands The acquisition of Mitre Yard further strengthens the AIMCo and Ridgeback joint venture’s portfolio of over 3,300 apartments across 11 assets with a GDV of approximately £1bn.
Yet there is a simple and straightforward solution to ensure your portfolio grows -- buy Bitcoin (CRYPTO: BTC). Previously confined to traditional assets like stocks, bonds, and mutual funds, the $100 trillion wealth management industry now has direct access to Bitcoin.
. – Today, the American Investment Council released its 2024 public pension study showing that private equity once again delivered the strongest returns for public pensionportfolios. AIC’s findings back up independent studies showing the value of private equity to public pensionfunds.
Balbec Capital (Balbec), an alternative investment manager with over $16bn in platform assets, has held the final close of InSolve Global Credit Fund VI (IGCF VI), with over $1.7bn in commitments across the flagship fund and related vehicles. Balbec anticipates additional capital commitments to the strategy to be finalised this year.
Understanding the current landscape The approval of spot Bitcoin ETFs revolutionizes how the average investor, or retail investor, can add Bitcoin exposure to their portfolios. These include pensionfunds, retirement plans, sovereign wealth funds, and hedge funds, among others. Image source: Getty Images.
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