Nest Awards Crescent Capital $605M Direct Lending Mandate
The investment is part of the pension plan’s aim to allocate 30% of its portfolio to private markets by 2030.
The plan would further affect agencies already grappling with reduced staffing.
Foreign equity managers working for Japan’s $2 trillion Government Pension Investment Fund lauded the tech giant’s sustainability reporting.
The multi-year partnership is aimed at improving transparency and efficiency for trading mortgage-backed securities.
The $300 billion pension giant has been increasing its holdings of international and emerging markets equities.
The case can be amended and refiled in the same district court.