The Canadian pension giant is integrating Ivanhoé Cambridge and Otéra Capital, also announcing the April departure of Ivanhoé Cambridge CEO Nathalie Palladitcheff.
Treasurer Erick Russell looks to diversify the state pension funds’ private credit portfolio through two European funds.
The New York State Common Retirement Fund exited more than $4.4 billion worth of public equity investments during the first 11 months of 2023, moving more into private equity and emerging managers.
The pessimistic takes come after the third quarter’s rebound from the earnings recession.
A research paper profiles value-enhancing deals by the likes of CDPQ and PSP.
Cherki will oversee a team of 40 and manage the pension fund’s C$29.3 billion real estate portfolio.
The majority of the month’s investment commitments were earmarked for the pension giant’s real estate portfolio.
The $750 billion National Pension Service’s investment provides it with an undisclosed minority interest in San Francisco-based Stockbridge Capital.
AUM growth decelerates and fundraising softens, Preqin reports.
The $77 billion pension fund is also looking to hire an investment officer for corporate governance and stewardship.
They provide diversification, and use of them will grow, a Schroders survey finds.
Marking a third straight period of losses, the index’s EPS suffered in financials, real estate, material, health care and energy, a survey finds.
Prime Group allegedly did not disclose that $18 million in fund fees went to a firm wholly owned by its CEO.