CPP Credit Investments Provides $300M for Värde Finance Platform
The partnership will focus on subscription line lending and other fund finance products.
News
Oregon Passes Bill to Manage Climate Change Risks
The legislation, which awaits the governor’s signature, calls for boosting investments in clean energy.
The Reason the Senate’s Tax Bill Seems Cheaper Than House Version
Acceding to a Republican request to base the cost estimate for the Senate bill on ‘current policy baseline,’ the Joint Committee on Taxation found the upper chamber's bill much less costly than the House bill.
How Family Offices Should Tackle Hiring, Retention Challenges
A shrinking pool of professionals is putting a strain on recruitment, according to a new family office operational excellence report.
Brian Funk Named President of MetLife Investment Management
The firm’s global head of private capital became interim president in May.
Maryland SRPS Names Robert Burd as Acting CIO
The fund’s deputy CIO will be elevated to the role, effective July 1.
Senate Passes Crypto Bill With Bipartisan Support
The GENIUS Act won the support of 18 Senate Democrats and sets new compliance standards for issuers of stablecoins.
Voya Fixed-Income CIO Tips Treasury Duration, Emerging Market Assets as Offsets
Eric Stein discusses fixed-income opportunities, tariffs and geopolitical risks.
Senate GOP Tax Plan Pulls Back on Endowment Tax, Section 899
The bill proposes slight changes to the House version and nixed some provisions, such as the private foundation tax.
LP Interest Rises in Secondaries, Private Credit
Private equity and other alternative investments take a back seat, according to Coller Capital’s latest global private capital barometer.
The Evolution and Revolution of Active Fixed-Income ETFs
J.P. Morgan Asset Management investors examine how these funds can help integrate all corners of the bond market into allocators’ portfolios.
Easier Said Than Done: Shifting Private Foundation Assets to Offset Proposed Tax Could Prove Difficult
Liquidity needs and potential spend-downs make alternative investments a tricky tax-hike solution.
Indonesia Investment Authority Appoints Co-CIOs
Andry Setiawan and Christopher Ganis will jointly oversee investments at the $10.5 billion sovereign wealth fund.
Largest Corporate Pension Plans Add $22B in May
The funded status of the 100 largest corporate defined benefit pension plans continued rebounding from Q1 drop.
Athene Names Grant Kvalheim as CEO, Makes Multiple Senior Appointments
Apollo’s retirement services arm named Co-Founder, CEO and CIO Jim Belardi as executive chair and elevated Mike Downing and Sean Brennan to co-presidents of Athene USA.