CPPIB, Piramal to Launch $600 Million Renewable Energy Trust
Canadian pension will contribute lion’s share and own up to 60% of venture.
Asset Allocation
Michigan Endowment May Send More Capital to Seven Funds
Private equity, credit, and hedge fund strategies, recipients of extra investments earlier this year, may be in line for more still.
CDPQ and Lightsource BP Beam Capital into Solar Power Projects
The $173 million in debt financing is part of the Canada fund’s greener, low-carbon investment mission.
ABP Comes Closer to Reaching Sustainability Goals
How the biggest Dutch fund boosted its ESG investments in 2018.
San Antonio Fire and Police Wants More Private Investments
New consultant NEPC suggests targets will be achieved by keeping a steady pace in commitments.
At Pension Bridge: New Hawaii CIO Speaks on Hedge Funds
Elizabeth Burton finds value in a selective approach to an asset class that hasn’t done well lately.
ESG Grows More Popular with Asset Managers
Some 75% of asset owners and 62% of asset managers hold ESG funds, BNP Paribas study says.
Is an Earnings Recession Really Coming?
Morgan Stanley says yes, CFRA says no.
CalPERS Investment Committee Rejects Tobacco Reinvestment Again
In a surprise move, investment committee member Jason Perez called for a vote on reinvesting in tobacco stocks, but his plan was shot down.
CDPQ Raises Low Carbon Asset Target to C$32 Billion in 2020
Pension fund reduced the carbon intensity of its portfolio by 10% in 2018.
Canadian Pensions in $3.4 Billion Bid for Inmarsat
CPPIB, OTTP join consortium to acquire satellite telecommunications firm.
Exclusive: Los Angeles Water and Power CIO Explains Strategy Behind Its ‘Young’ Private Equity Portfolio
Pension gears up $400 million pacing plan for the 12-year-old allocation.
Middle-Market Strategies Dominate Texas Municipal’s Latest Commitments
Retirement fund recommends $650 million in investment activity at its last meeting.
Washington State Makes $1.6 Billion in Private Market Commitments
The new commitments are part of the plan to keep private market investments to around 40% of the fund.
Alaska’s New CIO Details the Fund’s Prolific Co-Investment Program
Despite recent losses, co-investments have generated a 63.4% annualized five-year return.