This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Buyout firms have long relied on controversial loans backed by equity stakes to enhance fundreturns, but growing investor criticism has triggered a slowdown, according to a report by Bloomberg UK. The ILPA warns that any distributions received from a NAV-based facility might later be recalled to help repay the loan.
Bloomberg reports OMERS hires partner of Temasek-backed fund as Global Head of PrivateEquity: The Ontario Municipal Employees Retirement System hired Alexander Fraser, a former partner of a Temasek-backed fund, as the global head of its privateequity arm. OMERS PrivateEquitymanages approximately C$27.5
This week, the American Investment Council released the latest edition of our Public Pension Study , which found that privateequity remains the top-performing asset class for public pensionfunds and their more than 34 million beneficiaries nationwide. Over the past decade, privateequity delivered 15.2
Layan Odeh of Bloomberg reports CPPIB plows at least $5 billion into privateequity in three months: Canada Pension Plan Investment Board poured at least $5 billion into privateequity in the last three months of 2024 as the asset class regained appeal. Canadas largest pension notched a 3.8%
You’d never know it to read the latest annual report from the fund’smanagers, the CPP Investment Board, which spends much of its nearly 80,000 words boasting how, thanks to the herculean efforts of its employees and the sophisticated investment stratagems of its managers, it eked out an 8-per-cent return on investment for the CPP’s beneficiaries.
a Calgary-based privateequitymanager that focuses on energy. The original privateequity investment vehicle, formed more than a decade ago, is at the end of its life and other Aspenleaf shareholders are rolling their stakes into a continuation fund. And it's not just Aspenleaf. Ontario Teachers’ gained 1.9
John Graham, president and chief executive of the Canada Pension Plan Investment Board, which has C$576bn (£337bn) in assets, told the Financial Times he was opposed to “any constraint on portfolio construction” or “any influence to invest in a specific asset class or a specific part of the market”.
Gillian Tan, Swetha Gopinath and Layan Odeh of Bloomberg report OMERS to stop making direct privateequity investments in Europe: The Ontario Municipal Employees Retirement System will stop making direct privateequity investments in Europe as the pensionfund overhauls its operations there, according to people familiar with the matter.
Here are the key takeaways from their conversation: Background and BCI Overview: Jim Pittman has over 30 years of experience in finance and privateequity, with a background in accounting and industry experience as a CFO and COO. What Makes a Compelling Manager: Performance is key, with a focus on net returns (e.g.,
Paulina Pielichata of Pensions & Investments reports CDPQ works to pump $11.2 billion into European private markets: Canadian pensionfund Caisse de depot et placement du Quebec has recently moved into its new London headquarters as it is working to deploy C$15 billion ($11.2 billion) in private markets across Europe.
Steve Randall of Wealth Professional reports that Fengate hires privateequity executive from CPP Investments: Fengate Asset Management has bolstered its privateequity team with the addition of Jennifer Pereira as managing director. After graduating University of Toronto with a B.Sc. That goes for me too.
It is for this reason that Canadian pension giant BCI finds itself in a rather enviable position. Under the leadership of global head of privateequity Jim Pittman, the C$233 billion ($172.8 This rationale appears to have been justified: over the last five years, BCI’s privateequity programme delivered an 18.2
Carried interest is a share of profits earned by general partners of privateequity, venture capital, and real estate. General partners in a firm are paid as if it were a return on their investment rather than ordinary income and are taxed as a capital gain as such.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content