Private Equity Insights

SEPTEMBER 13, 2023

Mubadala Investment Company , Abu Dhabi’s sovereign investment arm, has formed a strategic partnership with New York-based alternative asset manager Blue Owl Capital as it seeks to co-invest in private credit opportunities amid a tightening monetary environment around the world.

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The Big Picture

SEPTEMBER 19, 2023

The transcript from this week’s, MiB: Elizabeth Burton, Goldman Sachs Asset Management , is below. Elizabeth Burton is Goldman Sachs asset management’s client investment strategist. Previously she was Chief Investment Officer at various state pension funds, including Maryland and Hawaii. Right, right.

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Private Equity Insights

MARCH 17, 2023

It has vaulted to the top rungs of the alternative-asset management world by focusing on what it does best: private credit. Yet, like its peers, Ares feels compelled to diversify into other asset classes, such as real estate, infrastructure, and private equity. Apollo Global Management, and KKR. billion last year.

Pension Funds 130

Pension Funds Buyout Asset Management Leveraged Buyouts 130

Private Equity Insights

DECEMBER 12, 2023

A General Atlantic IPO would test investor sentiment toward alternative asset managers as the industry grapples with the end of the era of cheap debt that fueled easy dealmaking.

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The Motley Fool

DECEMBER 6, 2023

With a debt-to-equity ratio of roughly 0.12 Essentially, during the lean times, it can take on debt to keep funding its business and dividend while it waits for better days. was created so that entities unable to invest in partnerships (like pension funds) could invest, broadening Brookfield Renewable's access to capital.

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Pension Funds Asset Management Assets Debt 130

Pension Pulse

MAY 8, 2024

Ishika Mookerjee and Sheryl Tian Tong Lee of Bloomberg report Quebec pension struggles to deploy $7 billion for energy transition: One of Canada’s biggest pension funds says it hasn’t been able to deploy the CAD 10 billion ($7.3 Not available on YouTube yet but you should watch this interesting discussion here.

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Pension Funds Financing Finance Deal Flow 64

Private Equity Insights

JULY 4, 2023

Canada’s OMERS and Dutch pension investor APG have agreed to buy Netherlands-based energy infrastructure solutions firm Kenter, according to a draft announcement of the deal seen by Reuters and confirmed by the purchasers. OMERS, which has C$124.2 billion ($93.67

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Private Equity Insights

SEPTEMBER 12, 2023

Entangled Capital SGR Dea Capital Alternative Funds SGR IBLA Capital Generali Investments Europe S.p.A. Italian Association of Private Equity, Venture Capital and Private Debt Sella Venture Partners SGR Investitori SGR HOPE S.B. SGR Alchimia Investments Sagard Equity Partners STYLE CAPITAL SGR S.p.A. Castik Capital Partners GmbH Inovo.vc

Consultants 130

Consultants Consulting Pension Funds Venture Capital 130

Pension Pulse

MAY 17, 2023

The 77-year-old billionaire told the Financial Times that big asset managers had competed aggressively to lend to the largest private equity groups as money poured into their coffers in 2020 and 2021, raising questions over the due diligence the funds conducted when they agreed to provide multibillion-dollar loans. “Now

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Debt Pension Funds Banks Due Diligence 52

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.

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Pension Pulse

NOVEMBER 24, 2023

Earlier today, I spoke with Peter Letko and Daniel Brosseau of LetkoBrosseau Global Investment Management to set the record straight on where they stand on Canadian pension funds investing more in Canada. It may seem appealing to encourage pension funds to invest more of our combined funds of over $2-trillion in Canada.

Pension Funds 64

Pension Funds Investing Assets Debt 64

Pension Pulse

JANUARY 17, 2024

Denitsa Tsekova of Bloomberg reports a $300 billion pension fund leads big-money charge back to bonds: When Christopher Ailman became the chief investment officer of the California State Teachers’ Retirement System back in 2000, one of every four dollars it oversaw was invested in government, corporate and mortgage debt.

Hedge Funds 59

Hedge Funds Pension Funds Asset Management Assets 59

Pension Pulse

MAY 17, 2024

among technology exits Michael Burry’s Scion Asset Management LLC exited positions in Oracle Corp. of its assets. Market neutral funds will engage in pair trading to remove market beta. Some are large asset managers that specialize in factor investing. Two Sigma Advisers LP tacked on Walmart Inc.

Hedge Funds 59

Hedge Funds Funds Asset Management Pension 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

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. Real assets (which comprise the real estate and infrastructure portfolios) returned a net 2.2%, but that still beat its benchmark of -4.3%. and down 0.2%

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Pension Pulse

FEBRUARY 16, 2024

The fund’s shareholdings of Chipotle Mexican Grill grew nearly 1,000% in the quarter, but were accompanied by sizable opposing options positions. Somewhat smaller multistrategy managers that nevertheless have wide followings are Steve Cohen’s Point72 Asset Management and Nicholas Maounis’ Verition Fund Management.

Hedge Funds 59

Hedge Funds Funds Asset Management Assets 59

Pension Pulse

SEPTEMBER 13, 2023

A report by the Asia Pacific Foundation of Canada found that between 2003 and 2017, Canadian pension funds invested $25 billion in the region. The Ontario Teachers’ Pension Plan Board has had an on-the-ground presence on the continent for over a decade, and currently has offices in Singapore as well as Hong Kong and Mumbai.

Pension Funds 59

Pension Funds Investment Horizon Assets Asset Management 59

Pension Pulse

JULY 24, 2023

But despite increasing concern about private equity tactics, over the past decade CPP Investments has shifted more and more of its assets into that investing category in search of high returns. If I were running a pension fund, I would be very careful about what was being offered to me. That’s why asset managers like them.

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Pension Funds Private Equity Firms Private Equity Firms Investing 88

Pension Pulse

NOVEMBER 17, 2023

pic.twitter.com/uz8a7jyThK — Francois Trahan (@FrancoisTrahan) November 16, 2023 America is now paying more in gross interest on its record $33 trillion debt than on national defense — here's who holds the IOUs? link] — Kabir (@AKabir57) November 17, 2023 "We are at a point at which we are borrowing money to pay debt service.

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Pension Pulse

JANUARY 12, 2024

is shaking up the top ranks of management, creating a new global product strategy group led by Stephen Cohen that will latch onto the global growth of exchange-traded funds and combine active and index strategies. BlackRock has a broad network of global corporate relationships as a long-term investor in both their debt and equity.

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Pension Funds Exchange-Traded Funds Assets Debt 59

Pension Pulse

JULY 4, 2023

Ministers and regulators are said to be concerned that Britain ’s biggest water supplier, which has 15 million customers in the capital and along the Thames Valley , may be unable to service its huge debt pile. Bankers at Rothschild were hired in March to examine financing options for the firm, which has £14bn of debt and 7,000 employees.

Pension Funds 52

Pension Funds Debt Shareholders Stakes 52

Pension Pulse

AUGUST 18, 2023

Top multi-strategy, event driven hedge funds and large hedge fund managers As the name implies, these hedge funds invest across a wide variety of hedge fund strategies like L/S Equity, L/S credit, global macro, convertible arbitrage, risk arbitrage, volatility arbitrage, merger arbitrage, distressed debt and statistical pair trading.

Hedge Funds 52

Hedge Funds Funds Asset Management Assets 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 and funds affiliated with Rialto Capital and acquired a 20% equity stake for US$1.2

Investing 59

Investing Pension Funds Stakes Assets 59

Pension Pulse

NOVEMBER 22, 2023

Canadian asset owners’ treatment of climate change and the energy transition shows how evolving investment frameworks to meet the challenges of today and tomorrow can help identify opportunities over different time horizons. You can say the same for infrastructure and then drill down in private equity, private debt, and public markets.

Investing 59

Investing Pension Funds Asset Management Assets 59

Pension Pulse

MAY 11, 2023

Paulina Pielichata of Pensions & Investments reports CDPQ works to pump $11.2 billion into European private markets: Canadian pension fund 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.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Pension Funds Buyout 52

Pension Pulse

DECEMBER 11, 2023

When you own an asset manager you need two staff full-time to manage that organisation strategically. Reading the interview with Scott Chan above, you'd think CalSTRS was a Canadian pension fund, part of the Maple 8. invested in each asset class.

Returns 69

Returns Pension Funds Investing Leveraging 69

Pension Pulse

SEPTEMBER 6, 2023

Advocacy groups have accused the private fund industry of unfair, conflicted and opaque practices that hurt everyday Americans who invest in such funds through their pensions. It's not as if some state pension fund benefits from opacity," SEC Chair Gary Gensler told reporters after the panel's vote.

Hedge Funds 64

Hedge Funds Securities and Exchange Commission (SEC) Pension Funds Funds 64

Pension Pulse

NOVEMBER 16, 2023

Investment Management Corp. of Ontario, the Canada Pension Plan Investment Board and the Ontario Municipal Employees Retirement System have sizable investments in the company, as does BlackRock Inc., the world’s largest asset manager. The investment in Northvolt is in the form of convertible debt in the parent company.

Investing 59

Investing Pension Funds Debt Financing 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. Neither the size of the fund nor OMERS’s contribution were disclosed. Read full press release here.

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Investing Consultants Consulting Asset Management 59

The Motley Fool

JULY 14, 2023

We deliver durable long-term investment performance by executing on alpha opportunities, sourcing unique deals, and managing risk. The foundation of a market-leading asset management platform is comprehensive, high-quality investment products with strong long-term investment performance. Clients choose BlackRock for performance.

Asset Management 130

Asset Management Assets Banks Debt 130

Pension Pulse

FEBRUARY 20, 2024

Canada Pension Plan Investment Board (CPP Investments) announced it has agreed to a restructure and sale of a 21% partial interest in the Kendall Square Development Venture (KDV I) in South Korea. Entered into a newly formed venture with Blackstone Real Estate Debt Strategies, Blackstone Real Estate Income Trust, Inc.,

Stakes 59

Stakes Pension Funds Investing Mergers and Acquisitions 59

Pension Pulse

MAY 19, 2023

regional banks and the government debt-ceiling, combined with calmer conditions in bond markets as traders welcome cooling inflation and a Federal Reserve rate-hike pause, are all underpinning sentiment. on Friday, having surged in the past week amid the debt-ceiling debate. Easing angst over U.S. No exceptions.

Hedge Funds 52

Hedge Funds Funds Asset Management Assets 52

Blackstone News

SEPTEMBER 13, 2023

This integration allows us to be an even more effective lender and more comprehensively serve our insurance, pension fund and private wealth clients.” About Blackstone Blackstone is the world’s largest alternative asset manager.  Further information is available at www.blackstone.com.

Securities and Exchange Commission (SEC) 64

Securities and Exchange Commission (SEC) Pension Funds Assets Financing 64

Pension Pulse

MAY 30, 2023

“The Hub & Flow portfolio is especially attractive to tenants because these logistics facilities offer high quality and are strategically located, providing access to major highways,” says Martin Chevallier, Senior Manager, Asset Management, France, Ivanhoé Cambridge.

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Portfolios Pension Funds Asset Management Assets 52

Pension Pulse

FEBRUARY 7, 2024

billion, including debt, building its drilling portfolio in the Western state. million shares of common stock to the equity owners of Aera, which is owned by entities managed by German asset management group IKAV and Canada Pension Plan Investment Board. billion including debt, as the U.S.

Investing 59

Investing Assets Pension Funds Asset Management 59

The Motley Fool

JANUARY 2, 2024

You just might want to follow the asset managers. They're going to have trouble refinancing their debt when it eventually comes due. Before we move on and talk about residential, and I wanted to turn it to you because one of my weird investing theses is follow the asset managers, follow a Blackstone or a KKR.

Assets 246

Assets Private Equity Firms Private Equity Firms Banks 246

Pension Pulse

DECEMBER 18, 2023

BREIT”), Canada Pension Plan Investment Board (“CPP Investments”) through its subsidiary CPPIB Credit Investments III Inc., 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

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Stakes Portfolios Investing Banks 59