Pension Funds Are Mixed or Mum on More Cash for Apollo
California’s huge public retirement system, for one, offered only cautious support after new disclosures of financial ties between the firm’s chief, Leon Black, and Jeffrey Epstein.
California’s huge public retirement system, for one, offered only cautious support after new disclosures of financial ties between the firm’s chief, Leon Black, and Jeffrey Epstein.
Mass PRIM tapped Michael McGirr to succeed Michael Bailey as private equity director
Opalesque Industry Update - At the start of the Covid-19 pandemic, hedge funds were touted as a way to navigate the resultant market dislocations and distress. US pensions awarded $9bn to hedge funds in H1
The $83.3bn-managing New Jersey Division of Investment has committed $475m across four infrastructure, venture capital and debt funds.
Laxman Pai, Opalesque Asia: For the fiscal year 2020, earnings on investments accounted for 71% of public retirement system revenues, according to a survey. The share of revenues that comes from investment earnings edged...Article Link
Sustainability-focused investment house Impax Asset Management has completed the sale of largest operational solar PV farm in the Netherlands.
The $29bn-managing Texas County and District Retirement System has picked the latest direct lending fund from restaurant-focused CapitalSpring for its first alternatives commitment of 2021.
Healthcare and fintech investor Oak HC/FT has picked up backing from a US pension giant as it looks to raise up to $1.1bn for its latest fund.
The London-based firm first invested in pensions advisory provider in 2016, when it acquired the business from Oakley Capital Private Equity
Livingbridge has sold pension and trustee service Broadstone to ICG.
Mid-market UK private equity house Livingbridge has agreed the sale of Broadstone, a provider of specialist pensions, trustee, and employee benefits solutions, to ICG.
Stockholm-based last-mile delivery startup Budbee has raised €52m in a series-C round led by Swedish pension fund AMF.
Dutch pension funds become shareholders in train-leasing firm
AMP Capital and Canadian pension giant the PSP Investments have agreed to sell their stakes in European rail rolling stock company Alpha Trains.
Opalesque Industry Update - Announced investments to private equity funds rebounded in November from a brief slump in October, according to the just-released eVestment Private Markets Monitor covering November 2020. Public pensions in the United
Swedish pension fund and US investor join fund
Ares Management and the Ontario Teachers' Pension Plan have teamed up to buy a majority stake in AEA Investors-backed global packaging major TricorBraun.
Laxman Pai, Opalesque Asia: The Local Government Pension Scheme (LGPS) Central, one of the UK's eight local authority pension asset pools, has launched its global active emerging market bond fund. The fund has been laun...Article
Neha Champaneria Markle has been named as the new head of Morgan Stanley Investment Management’s Alternative Investment Partners private markets solutions. She will take on the new responsibilities in January while retaining her role as
Los Angeles County Employees Retirement Association is planning to launch a request for proposal for a private equity consultant before the end of January. The news comes after the $60bn pension fund’s contract with Stepstone
