Asset Management Culture
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.
Tag: Investment
Asset Management Culture
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.
Asset Management Culture
SASB Eyes Standards on Internet Content
Guidelines are expected next year on data privacy, freedom of speech, and harmful content.
Asset Allocation
GIC Leads $500 Million Funding into Consumer Credit Unicorn Affirm
The Singapore sovereign wealth fund previously invested in the fintech startup from PayPal co-founder Max Levchin.
Asset Management Culture
New Investment Restrictions Coming for CalPERS CIO
The resignation of CalPERS CIO Ben Meng on ethics charges revolving around his investments spurred board to review new restrictions.
How the Changing Energy Picture Affects Investments
The differing trajectories for oil, gas, coal, and renewables pose a complex opportunity for investors. Here’s what you need to know.
Alternatives
Ontario Teachers’ Pension Invests $350 Million in Indian Private Credit
The fund is teaming up with Indian private debt manager Edelweiss Group.
Alternatives
CPPIB Reinvests $235 Million into Japanese Warehouses
Canada’s largest pension fund and longtime partner, global asset manager GLP, continue expansion into the Asian nation’s real estate.
Corporate Moves
Tulane Investment Chief Jeremy Crigler to Retire
Richard Chau and Julia Mord will take over as interim CIO and interim deputy CIO, respectively, to manage the fund’s $1.4 billion portfolio.
Alternatives
Canada’s BCI and Others Invest $3.4 Billion in Indian Telecom Tower Venture
The Canadian institutional investor acquired a portfolio of 175,000 cell towers in the world’s second largest telecommunications market.
Asset Allocation
Abu Dhabi’s Mubadala, PE Firm Kohlberg Take Over US Pharma Firm
The Philadelphia-based PCI Pharma Services is looking to expand operations in Asia and greater Europe.
Market Moves
Emerging Markets and China Hedge Funds Likely to Outperform
Regional equity gains, as well as currency increasing against a declining US dollar, helped the asset classes surge in second quarter.
Asset Management Culture
Incoming Norges Bank Chief Nicolai Tangen to Sell Hedge Fund Holdings
The divestment addresses concerns raised at a parliamentary hearing earlier this month.
Asset Management Culture
China OKs BlackRock, Temasek Joint Wealth Management Venture
The decision was approved by the country’s banking regulatory authority in the first half of the year.
The Tricky Challenge of Measuring Governance
The often-overlooked part of ESG, how companies are managed, demands diligence and good sense, not easy to bring off.