Risk
Private Equity Ownership Degrades Health Care Quality, per Senate Report
A bipartisan Senate Budget Committee found that PE firms prioritized profits over patients.
Tag: Private Equity
Asset Allocation
Buffalo Bills, Miami Dolphins Finalize NFL’s 1st Private Equity Investments
Arctos Partners and Ares Management will take stakes in the Bills and the Dolphins, respectively, following a landmark August decision that permitted PE investments in the football league.
Alternatives
Most LPs Wary of Sports Investments, Survey Finds
Despite growing popularity, 81% of PE fund investors reported that the risks of sports funds are too great, per a survey from Coller Capital.
Asset Allocation
New York State Pension Earmarks $850M for Private Equity, Credit Investments
The quiet month was preceded by a two-month, $7.6 billion investing spree.
Pensions
Ontario Teachers’ Pension, Nordic Capital Acquire Max Matthiessen
The pension fund also bought three logistic assets in Paris.
Asset Allocation
New York State Pension Commits $4.6B in Investments in September
More than half is earmarked for its opportunistic absolute return strategies and credit portfolios.
Asset Allocation
CPPIB Leads Global Pension Funds With $144B Allocated to Private Equity
The 20 pension funds with the largest private equity allocations committed $708 billion during the first 10 months of 2024.
Asset Allocation
Abu Dhabi Investment Authority Increases Private Equity Allocation
The sovereign wealth fund has also shifted more assets to its internal managers.
Corporate Moves
Arctos Partners in Talks to Buy Stake in NFL’s Buffalo Bills
The sports investor was one of several private equity firms approved earlier this year to buy a stake in a National Football League franchise.
Corporate Moves
Private Equity Investment in Insurance Surges, While Global Deals Decline in Value
Private investments in insurance are on pace to end the year with their highest total in more than a decade.
Pensions
New York Common Earmarks Nearly $3B in Investments in August
The $268 billion pension fund allotted the bulk of its commitments to public equities, real estate, and credit investments.
Asset Allocation
Apollo Aims to Double AUM by 2029
During the firm’s investor day, CEO Mark Rowan laid out plans to achieve $1.5 trillion in managed assets, which include leaning into demand for private credit and retirement products.
Asset Allocation
UN Pension Fund Earns 13.7% Over 12 Months
The United Nations’ Joint Staff Pension Fund’s total asset value increased to $97.3 billion but did not meet its benchmark’s return.
Asset Allocation
CalSTRS Flexes Co-Investing Muscles
The $346.5 billion California teachers’ pension fund addressed leverage in its private equity policy with an eye toward expanding its co-investments and collaborative strategies portfolio.
Asset Allocation
New York Common Cashes Out $3.3B Worth of Strategic Partnerships
The pension giant also committed another $1 billion to a BlackRock climate fund after dumping nearly $4 billion in public equities earlier this year.