October 21, 2020 OMERS to Sell Detroit River Rail Tunnel Stake for $312 Million to Canadian Pacific The pension fund has been invested in the transnational transport system for nearly two decades.
October 19, 2020 Former FEG Chief Executive Scott Harsh Takes Consulting Job at NEPC He’s coming out of retirement to help the firm expand its presence in the Southeast and Midwest.
October 19, 2020 Australia’s IFM Investors Targets Net Zero Goal by 2050 The $114.6 billion fund joins a growing list of pensions and endowments aligning with the Paris Agreement target.
October 14, 2020 Penn, Cornell Lag Behind Other Ivy League Endowments The Pennsylvania and New York schools returned 3.4% and 1.9%, respectively, in 2020.
October 13, 2020 Harvard Spins Off Natural Resources Team Solum Partners will be led by former Harvard Management Company division chief Colin Butterfield.
October 13, 2020 Singapore’s Temasek Launches $55 Billion Asset Management Group Seviora Holdings will be the holding company for four Temasek-owned or affiliated companies.
October 12, 2020 CPPIB Sells 50% Stake in London’s Nova Victoria to Singapore-Based REIT The transaction is expected to yield $549 million when the deal closes later this year, the fund said.
October 12, 2020 Ford Foundation Doubles Racial Justice Funding to $330 Million The investment comes from proceeds from the $1 billion social bond offering earlier this summer.
October 7, 2020 Aiming to Boost Diversity, Canadian Institutions to Monitor Corporate Behavior A group of funds holding roughly $2.3 trillion say they will make demands on companies whose stocks are in their portfolios.
October 7, 2020 Cambridge University to Divest from Fossil Fuels by 2030 University also vowed to reduce its greenhouse gas emission to zero by 2038.
October 1, 2020 Mubadala Puts $2 Billion into Silver Lake for 25-Year Strategy The fund has also taken a minority equity stake of less than 10% in the firm.
September 30, 2020 CalPERS Taps Yup Kim as Private Equity Investment Director He joins the $407.5 billion pension giant from Alaska’s sovereign wealth fund.
September 30, 2020 Harvard’s Endowment Returns 7.3% for the 2020 Fiscal Year The university cautioned the strong returns may not be enough to blunt the financial impact of the pandemic.
September 28, 2020 Investment Chiefs Leave Kentucky Retirement Systems for Consulting Firm The struggling pension system will search for replacements after Rich Robben, Andy Kiehl depart at the end of September.
September 28, 2020 Connecticut Treasurer and Ford Foundation Launch Diversity Coalition A partnership of 14 firms representing about $460 billion in market cap is addressing racial economic disparities in their organizations.