CPPIB Forms €2 Billion European Logistics Partnership
Canadian pension to contribute €450 million of equity.
Alternatives
‘CalPERS Direct’ Isn’t Exactly Direct
Top officials say CalPERS will be part of two investment partnerships with general partners, but won’t own a stake in them.
Tourbillion Joins Highfields, Criterion Capital in Recent Hedge Fund Closures
Struggling firm’s founder said the fund had ‘recently not delivered’ expected results, and will return more than $1 billion by year-end.
Denmark’s PKA Splits Up Alternative Investment Facility
Responsibilities will be divided between two newly created independent companies.
Energy Infrastructure May Be on the Horizon for Norges Bank
Unlisted private, infrastructure investments barred by Ministry.
CalPERS Report Details Role in Dakota Pipeline Controversy
Engagement led to 17 banks disengaging from the project.
CPPIB Enters Merger with Brazilian Wind Farm
Merger sees both entities holding all shares capital, allows for use of the put option.
CDPQ Returned 9.3% in 2017
Canada’s second-largest pension fund manager reports five-year return of 10.2%.
Morgan Stanley Estimates Hedge Funds Invested $2 Billion in Crypto-assets in 2017
Client note “Bitcoin Decoded” determines 84 crypto-hedge funds launched this year.
Commodities Prices Down in June
Low energy prices have contributed to a lack of pickup in inflation, while concerns about Chinese growth have abated, Credit Suisse reports.
Northern Trust: Money Managers Wary of Geopolitical Risk, US Slowdown
Many see US equity valuations as stretched, and emerging markets offering the most opportunities in the next few years.
J.P. Morgan Global Alternatives Raises $480 Million
Fund invests in the distressed shipping sector.
IMN: Managing Market, Political Risks Heading Into The Ninth Inning Of Expansion
Liquidity concerns and the impact of tightening monetary policy are challenging investors, panelists say.
Coronado: China Key to Global Economy, Real Estate
Economist also notes that US rate rise likely to be slow based on high levels of debt.
Renewables Trump Conventional Energy for First Time, Says Preqin
Funds likely to take more of a mixed approach in energy investments going forward.