article thumbnail

Dutch Pension Fund Divests $3B from Fossil Fuel Firms

Private Equity Insights

Dutch pension fund PFZW has completed a $3.02 The pension fund said in a statement that the companies have a “compelling climate transition strategy” and are “convincingly committed to switching from fossil fuel to low carbon energy sources”. Billion for Australia Private Credit Fund Ares Management Corp.

article thumbnail

UN pension fund slashes equity and pushes into impact and venture

Top 1000 Funds

The United Nations Joint Staff Pension Fund (UNJSPF) recently reduced the allocation to equity in its $92.5 billion portfolio in what Pedro Guazo, representative of the secretary-general (RSG) for the investment of the UNJSPF assets, describes as a conservative strategic allocation in response to the overvaluation in tech.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Largest Texas pension fund to cut $10bn from PE allocation

Private Equity Wire

While TRS is reducing its allocation, other US public pensions have recently increased theirs, including the California Public Employees’ Retirement System, California State Teachers’ Retirement System and New York City’s pension funds.

article thumbnail

NYC pension funds look to PE in hunt for higher returns

Private Equity Insights

Four of New York City’s five public employee pension funds, catering for teachers, police officers, firefighters and civil servants, are to up their allocations to private equity and other illiquid asset classes, as they look to boost investment returns, according to a report by Bloomberg.

article thumbnail

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

Private Equity Insights

Australia’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. Aware Super, with A$160 billion ($102 billion) in assets, will set up in the district of St.

article thumbnail

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. Its portfolio of stocks, private debt and equity, bonds, real estate, and other investments totals $452.3

article thumbnail

Australia’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.