Possible IPO Stars for 2024: Private Equity Firms
Amid encouraging market performances of other public buyout companies, expect a spate of PE operators to go public, says PitchBook.
News
CAAT Report Finds Canadians Lack Confidence in Retirement Timeline
The Colleges of Applied Arts and Technology Pension Plan also identified a widening pension gap between generations.
UAE Launches Dubai Investment Fund
Abdulaziz Mohammed Al Mulla has been named managing director and CEO of the fund.
SEC Accredited Investor Report Emphasizes Lack of Sophistication, Retirement Assets
The study of the accredited investor definition highlighted the lack of emphasis on sophistication and the growing number of qualified households.
Texas TRS, ERS to Host Emerging Manager Conference
The virtual event on February 28, 2024, is part of an ongoing effort to identify emerging managers.
Human Capital: A New Investment Thesis That Is Delivering So Far
By measuring employee morale and other people-centered influences on share prices, fledgling ETFs have beaten benchmarks—and attracted a large SWIB position.
Super Funds Seek to Turn Australia Into ‘Renewable Energy Superpower’
A group representing A$1.2 trillion in assets is calling for reforms and investment on ‘a massive scale.’
T. Rowe Price Promotes Eric Veiel to Head of Global Investments
The current head of global equity will take over the role for CEO Rob Sharps at the start of the new year.
Illinois Teachers to Receive $6.2B From State to Boost Funded Status
This marks the third year of cash infusions to bolster the pension plan, with a funding ratio stuck below 50%.
SEC Finalizes Treasury Clearing Rule
The rule requires most secondary transactions to be centrally cleared by June 2026.
Pennsylvania SERS Commits $220M to Private Equity, Real Estate
Along with new commitments to alternatives, the pension fund is also boosting pay for staffers.
Ontario Teachers’ Taps Pierre Cherki to Oversee New Real Estate Team
Cherki will oversee a team of 40 and manage the pension fund’s C$29.3 billion real estate portfolio.
Oklahoma Retiree Files Injunction to Stop Anti-ESG Bill
The complaint claims the 2022 law not only violates the US and Oklahoma constitutions, but that that the financial costs to the state are ‘monumental.’
Slammed Office Sector Won’t Show Revenue Growth Until 2025, Researchers Say
Even then, the increases will be small, a Green Street analysis concludes.
IPERS Plans Private Asset Reallocation
The Iowa Public Employees’ Retirement System will keep PE commitments the same and will increase commitments to private credit.