Private Equity Insights

DECEMBER 15, 2023

Sandbrook Capital, a private investment firm dedicated to transforming the world’s energy infrastructure, today announced the final closing of Sandbrook Climate Infrastructure Fund I at its hard cap of $1.5bn. The firm now manages $2.1bn in limited partner capital, including associated co-investment vehicles.

Capital 130

Capital Private Equity Firms Private Equity Firms Pension Funds 130

Private Equity Insights

AUGUST 14, 2023

IRA Capital, a private equity firm based in Southern California, has recently announced the launch of the IRA Healthcare Real Estate Fund. The closed-end fund, with a total capitalization of $500m, will focus on acquiring medical properties and senior housing assets across the United States. for its investors.

Capital 130

Capital Private Equity Firms Private Equity Firms Pension Funds 130

Private Equity Wire

APRIL 12, 2024

LA-based private equity firm OpenGate Capital has partnered with Ownership Works, a nonprofit founded by KKR’s Co-Head of Global Private Equity Pete Stavros that is aiming to generate at least $20bn of wealth for employees over the next decade.

Private Equity Firms 86

Private Equity Firms Private Equity Firms Capital Pension Funds 86

Pension Pulse

MAY 21, 2024

James Bradshaw of the Globe and Mail reports that OMERS is writing off its take in troubled British utility Thames Water: The Ontario Municipal Employees Retirement System (OMERS) has written off its entire investment in troubled British utility Thames Water, walking away from a stake once valued at well over $1-billion.

Stakes 59

Stakes Pension Funds Debt Assets 59

Private Equity Insights

DECEMBER 4, 2023

clean energy developer, today announced that it has raised a $1.2bn capital package to support the expansion of its large-scale renewable energy portfolio comprising utility-scale transmission and storage, onshore wind and solar generation, and offshore wind. Read more MBK Partners Launches Tender Offer for Stake in Hankook &Co.,

Capital Investments 130

Capital Investments Capital Investing Stakes 130

Private Equity Insights

JUNE 27, 2023

NMNLP II closed with $825 million of equity capital commitments, including approximately $725 million of third-party Limited Partner commitments and approximately $100 million from the General Partner. With an initial fundraising goal of $750 million, the completed capital raise substantially exceeded the target. billion rupees.

Capital 130

Capital High Net Worth Individuals Funds Private Equity Firms 130

Pension Pulse

APRIL 24, 2024

Florence Chong of IPE Real Assets reports ADQ buys 49% of infrastructure platform Plenary as CDPQ sells 20% stake ADQ, an Abu Dhabi state-owned investment company, has purchased a 49% stake in global public infrastructure group Plenary for an undisclosed price, believed to be around A$1bn (€609m).

Stakes 59

Stakes Pension Funds Bidding Shareholders 59

Private Equity Insights

FEBRUARY 9, 2024

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

Leveraged Buyouts 130

Leveraged Buyouts Pension Funds Buyout Leveraging 130

Private Equity Insights

FEBRUARY 2, 2024

The New York State Teachers Retirement System (NYSTRS) committed $400m (£315.55m) to private debt funds between October and December last year. The pension fund allocated $300m to the OIC Credit Opportunities IV fund, while the remaining $100m was committed to the Peninsula VIII, according to publicly available documents.

Debt 130

Debt Pension Funds Bidding Assets 130

Private Equity Insights

FEBRUARY 9, 2024

billion) for a credit fund for Australia and New Zealand, as it seeks to capitalize on opportunities created by banks retreating from leveraged lending. The Ares Asia Direct Lending fund, the company’s first leveraged buyout vehicle for the region, has deployed over A$1.04 billion) for a credit fund for Australia and.

Leveraged Buyouts 130

Leveraged Buyouts High Net Worth Individuals Pension Funds Buyout 130

Private Equity Insights

DECEMBER 4, 2023

clean energy developer, today announced that it has raised a $1.2bn capital package to support the expansion of its large-scale renewable energy portfolio comprising utility-scale transmission and storage, onshore wind and solar generation, and offshore wind. energyRe, an independent U.S.

Capital 130

Capital Investing Leveraging Pension Funds 130

Pension Pulse

JULY 13, 2023

Amy Bainbridge of Bloomberg reports that Australian pension funds with $500 billion go bargain hunting: Australia’s pensions giants, flush with cash thanks to surging inflows, are looking to private markets for discount deals as global asset prices come under pressure. Why is this the case?

Pension Funds 52

Pension Funds Funds Assets Consultants 52

Private Equity Insights

FEBRUARY 2, 2024

US private equity giant KKR and top Canadian pension fund Canada Pension Plan Investment Board ( CPPIB) have launched a $465 million block deal in Indus Towers as both investors eye an exit from the leading telecom tower company, multiple industry sources in the know told Moneycontrol. per share on January 31.

Pension Funds 130

Pension Funds Stakes Bidding Asset Management 130

Private Equity Insights

JULY 18, 2023

The initiative comes as private equity firms are increasingly looking to source capital from outside of their traditional institutional-investor base of pension funds and endowments. Blackstone and KKR & Co are also reportedly establishing units to focus on ultra wealthy private investors.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Pension Funds 130

Pension Pulse

JULY 19, 2023

Keith Ambachtsheer wrote an op-ed for the Globe and Mail on how the Thames Water crisis offers cautionary tale for pension funds investing in private-market assets: There has been an unfolding management and financial crisis at giant British water and sewage utility Thames Water. But will these efforts always be successful?

Pension Funds 40

Pension Funds Funds Assets Stakes 40

Pension Pulse

FEBRUARY 20, 2024

CPP Investments will remain an investor with a 24% stake in a newly formed open-ended logistics core fund, which will house KDV I’s stabilized assets. CPP Investments will remain an investor with a 24% stake in a newly formed open-ended logistics core fund, which will house KDV I’s stabilized assets.

Stakes 59

Stakes Pension Funds Investing Mergers and Acquisitions 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

JULY 20, 2023

Love Liman of Bloomberg News reports Sweden’s property rout drags down result of another pension fund: Sweden’s pension system is increasingly caught up in a property crisis that’s hit commercial landlords, with one of the state-owned pension funds joining peers that have taken losses on its investments in real estate assets.

Pension Funds 52

Pension Funds Funds Banks Debt 52

Pension Pulse

OCTOBER 2, 2023

Jennifer L of Carbon Credits reports Ontario Teachers’ Pension Plan buys majority stake in KKR’s Australian carbon project developer: A Canadian pension fund Ontario Teachers’ Pension Plan (OTPP) has agreed to acquire KKR’s stake in a leading Australian carbon markets platform GreenCollar.

Stakes 59

Stakes Pension Funds Shareholders Assets 59

Private Equity Insights

JULY 4, 2023

NextEnergy Capital (NEC), a global solar specialist in the renewables sector, has held the first close of its fifth investment vehicle NextPower V ESG (NPV ESG), which is targeting capital commitments of $1.5 Investors in NPV ESG include KLP, a German occupational pension fund, and a large Nordic pension fund.

Pension Funds 130

Pension Funds Due Diligence Private Equity Firms Private Equity Firms 130

Pension Pulse

DECEMBER 12, 2023

The Montreal Gazette reports Rogers sells minority stake in Cogeco to CDPQ for $829 million: Rogers Communications announced Monday it has agreed to sell all its shares in Cogeco to the Caisse de dépôt et placement du Québec for $829 million in an effort to keep its investment-grade rating. Rogers held large stakes in Cogeco Inc.

Stakes 59

Stakes Leveraging Bidding Debt 59

Private Equity Insights

SEPTEMBER 27, 2023

Apollo has reportedly contacted other domestic pension funds and cooperative associations alongside KIC. Read more CVC Capital mulls selling stake worth $345m in Indian healthcare firm Private equity firm CVC Capital Partners is considering selling a 60.4% stake in Indian cancer.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Pension Funds 130

Pension Pulse

FEBRUARY 14, 2024

Earlier today, CDPQ issued a press release stating it has acquired an 80% stake in a solar plant in Japan: CDPQ, a global investment group, today announced it has acquired an 80% stake in a solar power generation plant in Japan, alongside its portfolio company Shizen Energy Inc. Some more food for thought for my pension readers.

Stakes 59

Stakes Consultants Consulting Pension Funds 59

Pension Pulse

APRIL 29, 2024

Pine Gate Renewables just announced a $650 million total investment from Generate Capital, Healthcare of Ontario Pension Plan (HOOPP) and HESTA: ASHEVILLE, N.C.--( BUSINESS WIRE )--Today, Pine Gate Renewables announced the final closing of a $650 million investment from Generate Capital, the Healthcare of Ontario Pension Plan (HOOPP) and HESTA.

Stakes 59

Stakes Pension Funds Financing Finance 59

Pension Pulse

APRIL 30, 2024

Eliyahu Kamisher and Paula Sambo of Bloomberg report Ontario Teachers’ Pension Plan prepares to sell stake in oil producer Aspenleaf: Ontario Teachers’ Pension Plan is in talks to sell its stake in Canadian oil and gas producer Aspenleaf Energy Ltd., A representative for the pension fund declined to comment.

Pension Funds 59

Pension Funds Private Equity Managers Stakes Assets 59

Pension Pulse

MAY 1, 2024

pension fund manager sells $1-billion of private equity holdings to French buyout firm Ardian: British Columbia Investment Management Corp. is selling more than US$1-billion of stakes in private equity funds to French buyout firm Ardian SAS, tapping the secondaries market for private assets to free up cash for new investments.

Leveraged Buyouts 59

Leveraged Buyouts Pension Funds Buyout Stakes 59

The Motley Fool

JULY 16, 2023

But both Wall Street and venture capitalism are losing patience waiting to see which start-up or Mid Tech firm will start reaping big profits and wiggle its way to the adult table. Meanwhile, large institutional investors like pension funds and university endowments are much stingier in light of economic uncertainty.

Pension Funds 130

Pension Funds Investing Venture Capital Stakes 130

Pension Pulse

JANUARY 22, 2024

billion in LifeLabs and two of the sources said the asset manager is asking for a premium valuation on the business, well above the capital OMERS has put into acquisitions. billion market capitalization. billion market capitalization. LifeLabs is part of the pension fund’s $34-billion infrastructure portfolio.

Stakes 52

Stakes Investing Bidding Assets 52

Pension Pulse

MAY 6, 2024

In it, a KKR executive, Pete Stavros, discussed a model he had been developing to provide employees with an equity stake in companies it purchased, so the workers would reap some benefits if it was flipped for a profit. Blue Wolf Capital declined to comment on the record about the ownership program. percent in 2022 from 19.6

Capital 59

Capital Private Equity Firms Private Equity Firms Stakes 59

Pension Pulse

MAY 23, 2024

But what’s even more relevant, he says, is that with $88 billion now invested in a province with a GDP of nearly $500 billion, “the Caisse is the pension fund that is the most invested, in the world, in its local economy.” More than ever, Canada’s largest pension funds are being pressed to play the same role in the rest of the country.

Pension Funds 59

Pension Funds Stakes Banks Funds 59

Private Equity Insights

DECEMBER 12, 2023

Most major players have yet to put focus on capital deployment in the mid-market infrastructure space in Asia. The Asia-managed fund says it has already deployed half the money raised in three platforms. is said to be nearing a deal to buy a stake in Cotiviti Inc. Europe deals generally.”

Private Equity Firms 130

Private Equity Firms Private Equity Firms Funds Pension Funds 130

Private Equity Insights

JUNE 27, 2023

Ardian raises over $20bn for secondaries fund the Paris-based PE firm has set a target for the fund of $25bn French group Ardian has amassed more than $20bn to buy stakes in private equity funds from investors, highlighting a corner of finance that is defying the broader slump in fundraising.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Funds 130

Pension Pulse

JANUARY 8, 2024

Josephine Cumbo of the Financial Times reports pension fund slashes value of its Thames Water stake by almost two-thirds: One of the biggest investors in Thames Water has slashed the value of its stake by nearly two-thirds, intensifying doubts over the financial health of the UK’s largest water distributor.

Pension Funds 59

Pension Funds Stakes Shareholders Debt 59

Private Equity Wire

FEBRUARY 7, 2024

Ahead of the Private Equity Wire European ESG Summit, Marta Jankovic, Head of Sustainability at Stafford Capital Partners, talks to us about her vision of sustainability within the firm and the broader industry, trends to look out for this year and why GP outreach is key to net zero alignment.

Capital 87

Capital Best Practices Pension Funds Buyout 87

AltAssets

SEPTEMBER 11, 2023

DigitalBridge Group, a leading global alternative asset manager dedicated to investing in digital infrastructure, and AustralianSuper, Australia’s largest pension fund, has announced AustralianSuper is investing €1.5 billion to acquire a significant minority stake in Vantage Data Centers EMEA, a DigitalBridge-sponsored company.

Pension Funds 83

Pension Funds Asset Management Stakes Assets 83

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 Invested C$534 million in KPN, bringing our ownership stake to 2.9%.

Investing 59

Investing Pension Funds Stakes Assets 59

Pension Pulse

MAY 2, 2024

Last year, APFC’s staff decreased its private asset allocation from 19 percent to 15 percent, hypothesizing that there were better risk-adjusted returns to be had in asset classes like fixed income and hedge funds. For example, under Willoughby’s leadership, APFC put $500 million to work in Dyal’s first GP stakes fund.

Pension Funds 59

Pension Funds Hedge Funds Buyout Due Diligence 59