The world’s second largest sovereign fund’s recently launched capital strategies group will invest five percent of its assets in private real estate deals, but says private equity is ‘not part of the investment universe’.
The French insurance giant’s private equity arm has more than tripled its previous buyout fund and increased its geographic scope to include Italy.
The parent company of Indian private equity firm UTI Ventures is raising an Indian infrastructure fund with Shinsei Bank and HSH Nordbank.
The Canada Pension Plan Investment Board has tapped former Goldman Sachs rainmaker Alain Carrier to lead private investments from its second international office opened this year.
The Canada Pension Plan Investment Board has tapped former Goldman Sachs rainmaker Alain Carrier to lead private investments from its second international office opened this year.
The US pension committed to Walton Street Capital's sixth real estate fund and CVC’s fifth European fund, months after reorganising its allocation structure and boosting its alternatives target to 28 percent.
The firm’s global regulatory affairs head, David Marchick, warned a Senate committee today against unnecessary investment protectionism, using Carlyle’s stake sales to CalPERS and Abu Dhabi as examples of government-affiliated investments that bolster US companies.
Russell Read looks to become an environmental rainmaker after a two-year stint at the $244bn US pension.
The retirement system’s board has postponed its vote on a bill staff estimates would cost up to $12 billion in lost private equity returns.
The $121 billion CPPIB today argued before US lawmakers that it should not be lumped in with all sovereign wealth funds, as legislators in California attempt to bar the US’ largest pension groups from investing in private equity funds tied to sovereign wealth funds.
PERE's sister news service PEO interviews Alberto Torrico, the California assemblyman who recently introduced a proposed law that would force the state’s public pensions to cease ties with firms that are partially owned by certain sovereign wealth funds. Torrico tells PEO he is particularly targeting alleged human rights abuses in the United Arab Emirates, and that the objections voiced by pension investment staff are “overstated, exaggerated”.
Virginia Retirement System increases real estate and private equity allocations by three percentage points, saying it wants more flexibility in its portfolio.
HRJ Capital, the San Francisco fund of funds firm started by American pro-footballers Ronnie Lott and Harris Barton, has doubled its equity commitments for its latest vehicle.
The state’s employee retirement system last year enjoyed above-average returns for large US public pensions, thanks in part to its top performing asset classes such as real estate and private equity.
The Canada Pension Plan Investment Board reveals expansion plans for Asian real estate just as it announces a joint investment of $400m in a new China fund with Ontario pension fund.