Octopus Energy Receives New Investments from CPPIB, GIM
The energy provider, recipient of a $370 million funding round, increases valuation to $9 billion.
News
Bank of America, Goldman Sachs, Morgan Stanley Accused of Delaying on Clean Energy Financing Disclosure
NYC Comptroller seeks annual disclosure of each banks’ ratio of clean energy supply financing to fossil fuel energy supply financing.
Seventh-Day Adventist Regional Conference Retirement Plan Searching for a CIO
A candidate should have 10 years of experience and an investment credential, like a CFA charter.
Financial Services Committee Targets SEC Enforcement Activity
Pending legislation would limit the authority of the SEC’s administrative courts and redefine 'violation' in the securities laws.
Finance Chiefs Are Cheerful About the Economy’s Long-Term Prospects
U.S. Bank survey finds 58% of CFOs are optimistic about prospects three years in the future.
John Stuntebeck Appointed Director of Client Development at OCIO Provider TIFF
Stuntebeck will work with nonprofit clients at the firm.
Economic Damage From Climate Change Could Dent Global Income by 19% Over 25 Years
Study also finds that the costs of climate change damage is significantly more than the cost to limit global warming.
BlackRock, Temasek JV Fund Surpasses Target With $1.4 Billion Close
Decarbonization Partners aims to invest in firms that support the acceleration of decarbonization.
New Jersey Division of Investment to Host Emerging Manager Conference
The 2024 New Jersey emerging managers virtual symposium will be held on June 26.
Insurance CIOs See Alternatives Driving Portfolio Returns
There is no “turning back” to traditional asset allocations, according to KKR.
How Much Will Complying With Emissions Standards Hurt Commercial Real Estate?
Not much to begin with, but costs will mount, research firm Green Street advises
SEC Climate Rule Will Reduce Information Asymmetry, Protect Investors, Congressman Says
Representative Sean Casten, in an interview with CIO, explained the SEC’s new rule will insulate less-sophisticated investors from climate risk.
Anne-Marie Fink Named Co-Chair of AIMA’s Global Investor Board
She will serve alongside PSP’s Eduard Van Gelderen.
$185 Billion Australian Retirement Trust Plans Thermal Coal Divestments
The fund will divest from companies who generate more than 10% of their revenue from coal production.
Defined Benefit Plans Returned 4.47% in the First Quarter
Strong equities boosted returns for asset owners in the first quarter of 2024.