The Big Picture

JANUARY 15, 2025

Ted Seides : Hedge funds often are quarterly liquidity, depending on the underlying. You get into a private equity or venture capital fund, now you’re generally talking about 10 to 15 years. Barry Ritholtz : Because you have to wait for that private company to have some liquidity event to free up the cash.

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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.”

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Pension Pulse

DECEMBER 6, 2023

However, some schemes said the higher costs of investing in unlisted companies could push up their own fees and deter investors. Nest, the UK government-backed workplace pension fund, said it preferred proven business models to early-stage venture capital.

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Pension Pulse

JANUARY 31, 2024

It is not monolithic and includes such varied enterprises as pension fund investment managers such as AIMCo , insurance companies, investment banks, broker dealers, hedge funds, mortgage investment companies – and still others. Those are the publicly traded asset classes that private credit is most comparable to.

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Pension Pulse

JUNE 5, 2023

Amir Barnea, associate professor of finance at HEC Montréal, wrote a comment for the Toronto Star asking if Canada is cracking down on taxes, why does our national pension plan pay less than two per cent?: When it comes to performance, Canada’s national pension fund rightfully boasts impressive results.

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Pension Pulse

FEBRUARY 22, 2024

CDPQ's own public equities portfolio saw its performance "driven by growth stocks, as well as by large positions in Quebec companies, which performed well." The private equity portfolio was affected by interest rate hikes as well as by an increase in financing costs, which affected certain private companies.

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Pension Pulse

JULY 2, 2024

Moving into 2023, he set a goal of reducing the pension’s PE allocation to 18 percent within three years, primarily by selling companies and exiting fund stakes via the secondaries market. These professionals had been trained to spot top private companies and PE funds, rather than to sell their investments.

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This is going to be BIG.

MAY 16, 2016

That's what we had at the General Motors pension fund when I was there. Making investment decisions based on the private company markup of the last idiot who put money into something to get a preferred share that comes out first if s**t hits the fan. You know what a long term dataset is? What is this? Cash in the bank.

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Venture Capital Capital Pension Funds Assets 72

Pension Pulse

SEPTEMBER 12, 2023

Sarah Rundell of Top1000Funds recently interviewed Suyi Kim, Global Head of Private Equity at CPP Investments to go over what drives success at their giant PE portfolio: Suyi Kim, global head of private equity at CPP Investments manages quite possibly the largest private equity allocation in the world.

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Portfolios Pension Funds Due Diligence Investing 69

Pension Pulse

NOVEMBER 3, 2023

Michiel Willams of Net Zero Investor reports OMERS’ sustainability chief on why the C$127bn fund’s green investment spree will not slow down: OMERS, the defined benefit (DB) plan for municipal employees in Ontario, is increasingly positioning itself as one of Canada's greenest pension fund investors. to sell its 24.5%

Pension Funds 59

Pension Funds Investing Hedge Funds Assets 59

Pension Pulse

JULY 24, 2024

Moving into 2023, he set a goal of reducing the pension’s PE allocation to 18 percent within three years, primarily by selling companies and exiting fund stakes via the secondaries market. These professionals had been trained to spot top private companies and PE funds, rather than to sell their investments.

Pension Funds 59

Pension Funds Buyout Stakes Finance 59

Sara Grillo

FEBRUARY 13, 2023

ESG also aims to promote supposedly the goal of ESG is to promote the growth of companies that are supportive of beneficial practices, which is debatable and we’re going to get to that. 0:44:46.8 : Or it’s like Florida and Louisiana divesting their pension funds from anything BlackRock-related. Impact investing.

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Pension Funds Investing Funds Finance 72

Pension Pulse

APRIL 9, 2024

Big pension funds invest in big student housing programs because they're recession-proof businesses that add defensive cashflows to their portfolio. That's obviously important, but there's a defensive component to purpose-built student accommodation that pension funds very attractive. What about Canada?

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Pension Funds Education Leveraging Assets 59

Pension Pulse

MAY 30, 2024

What that means for you is that your Fund is the most invested pension fund in the world in its local economy,” argued Mr. Emond. There are great public and private companies in that portfolio. The objective? 100 billion by 2026. Our presence is equivalent to 16% of Quebec’s entire gross domestic product.

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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.

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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.

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Pension Pulse

AUGUST 17, 2023

“The renewable energy, telecommunications and transportation sectors, to which (the Caisse) has been exposed for many years, are significant vectors of performance,” the pension fund said. In the first half of 2023, higher financing costs hurt the Caisse’s private-equity portfolio, which posted a return of 1.4 per cent. “In

Pension Funds 52

Pension Funds Assets Debt Finance 52

Pension Pulse

MAY 7, 2024

Transitioning to a private company with these strong partners will not only limit our exposure to volatile financial markets, it also will ensure ALLETE has access to the significant capital needed for our planned investments now and over the long term. Per Share in Cash DULUTH, Minn.— May 6, 2024 — ALLETE, Inc. Advisors J.P.

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The Big Picture

OCTOBER 2, 2024

 At The Money: Finding Overlooked Private Investments , with Soraya Darabi, TMV (October 02, 2024) The Efficient Market Hypothesis informs us that stock markets reflect all of the information known about any company. But is that also true for start-ups and venture-funded private companies?

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Startups Investing Deal Flow New York Stock Exchange 72

Pension Pulse

AUGUST 30, 2023

The Healthcare of Ontario Pension Plan (HOOPP) is just one of the numerous pension fund and major ILS investors we track in our directories here. First, read my comment covering HOOPP's 2022 results where the plan remains fully funded despite losing 8.6% last year.

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Pension Pulse

DECEMBER 21, 2023

I told him I track pension funds very closely and there's no doubt CDPQ is a global leader in sustainable/ responsible investing. The other part that is very important for us and that's where the puck is heading for institutional investors, is the engagement with our portfolio companies.

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Mergers and Acquisitions Assets Pension Funds Leveraging 59

Pension Pulse

OCTOBER 20, 2023

The statement, sent exclusively to the National Post , marks the first time Poilievre has explicitly addressed the issue of Alberta’s proposal to withdraw from the Canada Pension Plan (CPP) and set up its own pension fund. My take: This is a great deal for BCI and Searchlight, a private equity firm BCI seeded.

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Pension Pulse

APRIL 3, 2024

But the pension fund could run out of money by 2035, according to the state-run Chinese Academy of Sciences. Private companies partly fund the home, taking the pressure off the local government. That was a 2019 estimate, before the pandemic shutdowns, which hit China's economy hard.

Pension Funds 52

Pension Funds Education Banks Funds 52

Pension Pulse

MAY 8, 2023

No pension fund wants to invest in private companies that abuse immigrant children. I used to invest in top global hedge funds back in the day and I trusted nobody. I hope that they have an opportunity to be kids, to go to school and not be tired. How can this happen? Where did oversight fail?

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Due Diligence Pension Funds Education Mutual Funds 52

The Motley Fool

OCTOBER 31, 2023

With the completed acquisition of Burgiss, MSCI can now provide additional clarity and transparency highly needed by investors across private and public assets in their portfolios. Our product lines are increasingly interconnected, which means our work in private assets reinforces our work in climate and vice versa.

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Assets Hedge Funds Capital Leveraging 100

The Big Picture

DECEMBER 5, 2023

And we did talk to a lot of people, but we were grateful to have a college endowment, a a publicly traded insurance company, a publicly traded company, corporations pension fund, and some wealthy individuals join our first fund, which was a mighty $71.4 Now they’re private companies.

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Private Equity Firms Private Equity Firms Mergers and Acquisitions Debt 69

Pension Pulse

MARCH 14, 2024

ABOUT OPTRUST With net assets of $25 billion, OPTrust invests and manages one of Canada's largest pension funds and administers the OPSEU Pension Plan (including OPTrust Select), a defined benefit plan with over 111,000 members. Additional information about OPTrust's 2023 strategy and results is available in People.

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The Big Picture

MARCH 5, 2024

00:05:21 [Speaker Changed] No income taxes for the company and, and 00:05:23 [Speaker Changed] Then Koch Industries, I I, I don’t think a lot of people realize one of the largest private companies in the United States and maybe even the largest, they’re, they’re giant energy powerhouse. Oh, really?

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The Big Picture

APRIL 4, 2023

So the theory was that’s great that you’re providing a loan, but if you can co-invest with them and get the upside of partnering with some of the most successful private equity funds in the United States, you know, a great way to enhance your returns. RITHOLTZ: We call that legal insider trading. And I said three things.

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Private Equity Firms Private Equity Firms Finance Financing 59

The Big Picture

FEBRUARY 28, 2023

But for individuals, historically, there have not been great options to invest into private companies. And there’s a real democratization of access to private markets, and we’re one of the firm’s that’s been leading that. Look, our parents all had pension funds.

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Assets Due Diligence Private Equity Firms Private Equity Firms 59

Private Equity Professional

SEPTEMBER 23, 2024

These funds — whose investors include pension funds, university endowments, private companies, and individuals — fund and manage the cost of building or repairing bridges, schools, and other public infrastructure elements and collect returns via tolls, lease agreements, and cost efficiencies.

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The Big Picture

JUNE 13, 2023

And whilst we were dealing with the same counterparty, the same pension fund, some of their constituents, some of the underlying boards, disagree on the approach to take there. Some of our LPs are very often made up of different boards, some teachers, firemen, policeman, you know, employees, public servants employees.

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Banks Asset Management Assets Capital 59

Pension Pulse

AUGUST 22, 2023

Paula Sambo of Bloomberg reports Canada Pension Plan Investment Board joins startup at $100 million Reforestation Fund: Canada’s largest pension fund has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil’s Amazon region.

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Startups Funds Investing Pension Funds 52

Private Equity Insights

APRIL 1, 2025

Fink called for unlocking private markets traditionally reserved for institutions and ultra-high-net-worth individuals. Assets that will define the future data centres, ports, power grids, the worlds fastest-growing private companies arent available to most investors, he wrote. Theyre locked behind high walls. more capital.

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Assets High Net Worth Individuals Pension Funds Private Companies 147

The Motley Fool

OCTOBER 29, 2024

Our private capital fund indices cover more than 13,000 funds that represent more than $11 trillion in AUM and we believe they can help us become a standard setter in private assets. MSCI already supplies carbon emission data on more than 60,000 private companies and more than 7,500 private equity and private debt funds.

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Asset Management Assets Hedge Funds Pension Funds 130

Pension Pulse

FEBRUARY 25, 2025

Nicolas Van Praet of the Globe and Mail reports pension giant Caisse strikes deal to acquire Innergex Renewable Energy: Canadian pension fund giant Caisse de dpt et placement du Qubec has struck a deal to buy Innergex Renewable Energy Inc. The Caisse will pay $13.75

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The Big Picture

JUNE 20, 2023

I think that private equity sees this as an opportunity, because they’re not really growing the institutional aspect of their business. Pension funds, perhaps, maybe aren’t growing as much as they need them to. MORGENSON: Well, these are private companies, not the firms themselves.

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