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America's Largest Pension Fund Is Buying These 2 Megacap Growth Stocks

The Motley Fool

The California Public Employees' Retirement System, known as CalPERS, manages the largest pension fund in the U.S. So, the moves made in the fund portfolio aren't to be taken lightly. The fund increased its stake in Tesla by 34% in the third quarter, and it's nearly tripled its position in 2023.

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Dutch Pension Fund Divests $3B from Fossil Fuel Firms

Private Equity Insights

Dutch pension fund PFZW has completed a $3.02 billion) divestment of stakes in fossil fuel companies, leaving only seven oil and gas firms in its portfolio. The pension fund is targeting 50 percent absolute carbon reduction by 2030 for equities, liquid credit and real estate, she noted. billion (EUR 2.8 RaĆ­zen S.A.,

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Australian $100bn pension fund targets private assets with London launch

Private Equity Insights

Australiaā€™s third-largest pension fund will officially open its first overseas outpost in London in November, a senior company official said, pushing for more private market investments as the sector outgrows the confines of home. The countryā€™s biggest fund, AustralianSuper, recently poached senior executives from J.P.

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Australiaā€™s second-largest pension fund to increase private credit allocation

Private Equity Wire

The Australian Retirement Trust, a pension fund 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.

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EQT & German Tycoon Buy ā‚¬1bn Stake in Greyhound Owner Flix

Private Equity Insights

Buyout firm EQT AB is teaming up with Germanyā€™s richest man to acquire a 35% stake in German bus and train operator Flix SE. Switzerland-based KĆ¼hne Holding owns a majority stake in KĆ¼hne+Nagel International AG and is the largest single shareholder of Hapag-Lloyd AG, Deutsche Lufthansa AG and Brenntag SE.

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LVMH-Backed L Catterton Weighs Selling Stake in Saudi Arabiaā€™s Bateel

Private Equity Insights

L Catterton, the private equity firm backed by luxury French fashion house LVMH, is looking to sell its stake in Saudi Arabian gourmet food producer and restaurant chain Bateel, according to people familiar with the matter. Read more BlackRock Unveils Climate Policies for $150bn in Funds BlackRock Inc.

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EIGā€™s MidOcean Energy to Acquire SK Earthonā€™s 20 Percent Stake in Peru LNG

Private Equity Insights

Billion for Australia Private Credit Fund Ares Management Corp. billion) for a credit fund for Australia and. read more Dutch Pension Fund Divests $3B from Fossil Fuel Firms Dutch pension fund PFZW has completed a $3.02 billion) divestment of stakes in. Read more Ares Raises $1.7 has raised A$2.6

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