Hermes Private Equity Launches £125 Million Green Fund
The environmental fund is part of a British government scheme
to invest in technology-based firms with high growth potential.
Newsmakers
Canada’s Caisse: A Year of “Painful Transition” and Real Estate Losses
Despite a grim year for Canada's largest pension fund, Caisse is much healthier than it was a year ago, says CEO.
Northern Trust: Corporate Plans Rank No. 1 in '09 Returns
Corporate plans led the pack in robust 2009 returns, driven by higher-risk asset classes.
Goldman Closes Quant Hedge Fund; Litterman Retires
Ahead of President Obama’s call to limit proprietary trading at banks, quantitative hedge-fund group chairman retires.
Japan's Internal Minister Seeks Higher Returns by World’s Largest Public Fund
After the GPIF's rate of return on its investments fell to 10.3%, a record loss of 9.7 trillion yen ($108 billion), Japan’s internal minister calls for a review and more aggressive investment.
Norway Turns Its Back on Tobacco Companies
Norway blacklists 17 tobacco companies from its sovereign wealth fund.
Bonuses Slashed at Missouri's Government Pension System
Gary Findlay, the system’s executive director, calls bonuses “poison.”
Adam Smith Bringing Us Bill Gross…continued from ai5000 Magazine
Catch the start of Adam Smith's Interrogation, available in ai5000 Magazine after February 3.
Adam Smith…continued from ai5000 Magazine
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Adam Smith, on Buffett and Baseball…continued from ai5000 Magazine
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Nassim Taleb…continued from ai5000 Magazine
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Amid Debt Crisis, David Jackson of Dubai World’s Istithmar Resigns
Jackson's resignation comes as the investment company struggles to renegotiate about $22 billion of debt.
With Real Estate Holdings Down, CalPERS' Investments Underperform in 2009
Despite positive returns, the retirement system’s portfolio underperformed its internal benchmark.
Ontario Teachers’ Closes Acorn Acquisition
The acquisition is the first European buyout by Teachers’ Private Capital, the Canadian pension fund’s direct investment arm, since it opened a London office in 2007.
Blackstone Raises $9 Billion So Far for New Fund
The New York buyout firm is expected to finish fundraising for its sixth global buyout fund at the end of June.