Argonaut Forms American Cementing, Buys BJ Assets

Argonaut Private Equity has acquired the cementing services business of BJ Services which filed for bankruptcy in July 2020 after failing to reach an agreement with its lenders. Tomball, Texas-based BJ Services is a provider

KICTeam Buys Teknipure with Twin Brook Backing

KICTeam, a portfolio company of Inverness Graham since May 2020, has acquired Teknipure, a maker of c. Teknipure is a manufacturer and distributor of products used to prevent, control, and remove contaminants from cleanrooms and

AEI’s Builds Applied Composites

Applied Composites, a portfolio company of AE Industrial Partners (AEI), has acquired Alliance Spacesystems, a manufacturer and designer of composite structures used in satellite and aerospace applications. Alliance’s activities include the fabrication, assembly, and testing

Monroe Backs CORE’s Build of “Industry 4.0”

Monroe Capital provided financing for last month’s buy of GPI Prototype & Manufacturing by Midwest Composite Technologies (MCT), a portfolio company of CORE Industrial Partners. Monroe is an active provider of senior and junior debt

CDPQ, DP World bet on ports’ continued Covid resilience by expanding investment platform to $8.2bn

Canadian pension major CDPQ and supply chain specialist DP World have expanded their ports and terminals investment platform to $8.2bn through a new investment.

US pension system ramps up co-investing

The California State Teachers’ retirement system’s allocation to private equity co-investments rose roughly 50% in this year’s first half

Longshore Closes Debut Fund, Stocks BPO Portfolio

Longshore Capital Partners has closed its debut private equity fund, Longshore Capital Fund I LP, with total and oversubscribed capital commitments of $203 million. The new firm was formed earlier in 2020 by LaSalle Capital

Lothian Pension Fund appoints Gillian De Candole as its new portfolio manager

Scottish Lothian Pension Fund (LPF) has appointed Gillian De Candole as its new portfolio manager. De Candole will join after having clocked up over 15 years of experience across the investment space, both on the

Most European pension funds examine climate-change risks in their investments

Regulators, rather than wildfires, are the biggest reason for investors' change of heart

More than half of European pensions funds consider climate change when making investment allocations

Climate change has become a top priority for European pensions funds when picking their investment allocations, with 54% considering the environment before making their choice, according to a new survey by Mercer. The consultancy highlighted

Los Angeles Fire & Police Pensions has increased its private equity allocation

Los Angeles Fire & Police Pensions has upped its private equity allocation by 2 percentage points to 14%, according to Ray Ciranna, general manager of the pension plan. He revealed the change in an email

New York State pension fund agrees to $150m investment in fund run by Castlelake

New York State Common Retirement Fund (NYSCRF) to invest $150m in aircraft-leasing fund managed by private equity firm Castlelake. When asked by IPE Real Assets about the timing, given how the coronavirus pandemic has affected

Climate risk rockets up agenda for European Institutional investors: Mercer

Laxman Pai, Opalesque Asia: An overwhelming majority (89%) of European institutional investors, including pension schemes, surveyed now consider wider environmental, social and governance (ESG) risks as part of their investment decisions, up from 55%...Article Link

AMB :- Climate risk rockets up agenda for European Institutional investors: Mercer

Laxman Pai, Opalesque Asia: An overwhelming majority (89%) of European institutional investors, including pension schemes, surveyed now consider wider environmental, social and governance (ESG) risks as part of their inv...Article Link

Imperial Advises GPI on Sale to CORE

Imperial Capital was the financial advisor to GPI Prototype & Manufacturing Services on its just closed sale to FATHOM, a portfolio company of CORE Industrial Partners. GPI uses direct metal laser sintering (DMLS) – a

Commonfund expands diverse manager portal

Opalesque Industry Update - Commonfund, an asset manager for endowments, foundations and public pension investors, announced today the re-opening of its online Diverse Manager Portal. Originally launched last year, the portal was designed to broaden

CORE Consolidates Industry 4.0 Platform

Midwest Composite Technologies, a portfolio company of CORE Industrial Partners, has acquired GPI Prototype & Manufacturing Services. CORE has been actively assembling a 3D prototyping and low-volume production services platform since its buy of Midwest

TCF Backs Cathay’s IOP Add-On

Innovative Office Products, a portfolio company of Cathay Capital Private Equity, has acquired SiS Ergo with backing from TCF Capital Funding. TCF provided just over $80 million of secured financing and was the sole lead

Arlington Sells Centauri at Big Multiple

Arlington Capital Partners has agreed to sell Centauri to publicly traded KBR for $827 million in cash. Centauri is a provider of engineering, intelligence, cybersecurity and advanced technology to intelligence and national defense agencies for

Do Reps and Warranties Insurers Pay Claims?

Law firm Lowenstein Sandler has just published a report, Getting Paid: A Look at Representations & Warranties Insurance, that explores whether insurances companies actually pay reps and warranties (R&W) claims. According to Lowenstein Sandler the

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