California pension plan to increase private equity investment

The US pension manager plans to invest more capital and add more managers to its private equity portfolio

ParkerGale Partners-Up for ATP Expansion

Flightdocs, a portfolio company of Argentum, has been sold to Aircraft Technical Publishers (ATP), a portfolio company of ParkerGale Capital. As part of this transaction, Accel-KKR has made a minority equity investment in ATP and

Shamrock reinvests in AI sports production business Pixellot as leagues begin to return from Covid-19 suspension

AI-automated sports production business Pixellot has picked up a $16m investment round led by current backed Shamrock Capital Advisors.

Ontario Teachers Names New Director of Equities

Ontario Teachers’ Pension Plan Board has named Karen Frank as its new senior managing director of equities. Beginning in Fall 2020, Ms. Frank will lead the group’s equities department and will report to Chief Investment

OTPP appoints Frank as senior managing director

Ontario Teachers Pension Plan (OTPP) has appointed Karen Frank as senior managing director.

Consortium in €20m series-A round for Memo Bank

BPI France, BlackFin Capital Partners, and Daphni have led a €20m series-A funding round for Memo Bank, a French online bank targeting small and medium businesses.

Black-owned investment firm sues New Jersey for racial bias

The firm also sued BlackRock and Cliffwater, a firm that assisted the state pension with investment decisions, alleging they profited at Blueprint’s expense

AEI Forms New Analytics and AI Platform

AE Industrial Partners (AEI) has acquired a majority interest in NuWave Solutions, a provider of data management, artificial intelligence, and machine learning services. NuWave’s services are used by governments and businesses to glean intelligence from

Dyal said to near $1bn loan against PE firms in its portfolio to pay investor dividend

Dyal Capital, one of the biggest investment firms focused on buying stakes in private equity houses, is reportedly nearing a $1bn loan made against the fee income of the buyout houses it backs in order

CDQP reinvests in architecture, design house Lemay

Canadian pension giant Caisse de dépôt et placement du Québec has reinvested in architecture and design house Lemay in the form of an $8.7m loan.

AMB :- European pension funds to allocate more money for climate-linked passive assets

Laxman Pai, Opalesque Asia: European pension funds are earmarking more money to be invested in climate-linked passive assets, as a survey of pension plans finds that over half still have no allocation at all toward

Illinois pension commits around $1.23bn to private market funds

The plan made its first investment in a Brookfield Asset Management fund and committed almost $1bn to existing private equity managers

Calpers has a fix for its massive pension shortfall – borrow more

Near-record low interest rates have lowered the returns on the assets while increasing the present value of liabilities to future retirees or charitable institutions

Snow Phipps Closes Third Label Add-On

Brook & Whittle, a label making portfolio company of Snow Phipps, has acquired Label Impressions. Snow Phipps acquired Brook & Whittle in October 2017 from RFE Investment Partners and Charter Oak Equity. Label Impressions is

Saudi Arabian sovereign wealth fund to invest $1.49bn in Jio Platforms

In the past several weeks, Jio has raised 115.69bn rupees from leading technology and private equity firms.

Osceola Closes First Fund

Osceola Capital has held a hard cap and above target close of its inaugural fund with an oversubscribed $125 million of capital. Limited partners in the new fund include public pension plans, financial institutions, a

Fine words on racial equality must be backed by action

The fact that there are more FTSE CEOs called David and Steve than there are women or ethnic minorities put together is a shocking statistic

Hamilton Robinson Builds Compliance Platform

Tanknology, a portfolio company of Hamilton Robinson Capital Partners since September 2019, has acquired Compliance Testing & Technology (CCT). CCT is a provider of underground storage tank (UST) and aboveground storage tank (AST) compliance services,

Most private investors are willing to help SMEs recover from the coronavirus through private equity investment – new research reveals

Many small businesses around the UK are struggling because of Covid-19, but a new survey from investment firm Connection Capital suggests that high net worth individuals would love to help. Having polled 233 of its

Can big business help fix racial injustice? Here is how it can try

Protests in the US and globally have turned the spotlight on what companies can do to quicken the glacial pace of improving ethnic diversity at work

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