Hints and tips:
Related Special Reports
...They are also committing cash to the firm’s debut fund, which is aiming to raise $4bn, according to people briefed on the plan....
...US private equity group Silver Lake has agreed to buy Qualtrics for $12.5bn alongside Canada’s largest pension fund in the biggest private equity buyout of the year....
...Many workers wish for the simplicity of a pension that does not run out: 73 per cent of workers surveyed last year by insurer Nationwide said they wished their 401k plan had a lifetime income option....
...Regulators have imposed conditions on SoftBank’s ownership of Fortress, including a US decision that thwarted plans to integrate the business....
...HPS has already invested more than a third of the $17bn it plans to put to work, including loans to wireless provider Consumer Cellular and Authentic Brands, the company behind Brooks Brothers and Reebok...
...It expanded into advising on employee benefits and wealth management through the purchase of Premier Pensions Management in January 2022....
...The results of a shift to defined contribution plans, or 401k schemes in the 1980s are not looking pretty....
...“Now we have to roll up our sleeves, get stuck in and solve some problems: the biggest is the pension industry.”...
...were put on some form of performance management plan or facing dismissal....
...More than $10.4tn is in US defined contribution pension plans, and another $5.8tn is in individual retirement accounts, per the ICI....
...Half of its assets are now from institutional clients such as Middle Eastern sovereign wealth funds and large pension funds, just over a third comes from the private banking arms of large lenders including...
...Goldman Sachs, the Canada Pension Plan Investment Board, Singapore’s Temasek and HarbourVest also attended, as did representatives from regional groups such as Hillhouse, PAG and IDG....
...US private equity group Silver Lake and Canada’s largest pension fund have offered $12.4bn to buy experience management software company Qualtrics, in what would be one of the largest buyouts of the year...
...Michela Tindera BlackRock has $10tn in assets under management. Now, the company’s origins are in the traditional asset management space....
...One scoop to start: Insight Investment, one of the UK pension industry’s biggest asset managers, abandoned mark-to-market pricing on funds reeling from the country’s government bond crisis last year, instead...
...Instead, they are increasingly turning to private credit providers, who have been able to write larger loans as pension plans, endowments and sovereign wealth funds have piled into their funds....
...Michela TinderaInside the UK, there’s a focus on another type of retirement system called defined contribution plans. Those are basically like a 401k for US listeners....
...Egon Durban, its co-CEO, assembled a more than $10bn equity cheque with the help of Canada’s largest pension fund....
...About 70 per cent of Citadel’s investors are institutions, including universities and pension plans....
...After Blackstone’s retail-focused credit and retail funds were hit by a wave of redemption requests, its rival Apollo is facing scrutiny over its own plans to target wealthy individuals....
...Cerberus is close to bagging $14bn at the supermarket In 2006, Cerberus Capital Management was mostly an afterthought in a mega buyout of the US grocery chain, Albertsons....
...A reshuffling of UBS’s top ranks has recently placed the ambitious Iqbal Khan as sole head of the bank’s wealth management business and Hamers’s widely speculated heir apparent....
...While holders of $400mn of the loan quickly returned the money to Citigroup, funds including Brigade Capital Management and HPS Investment Partners refused to send the cash back....
...He also extended a $30mn loan to a company registered in the name of Epstein’s private pilot. The company, Plan D LLC, owned a Gulfstream jet....
...Both groups would own equity stakes in Boots under the plan, one of the people said, although it is not clear whether their stakes would be the same size....
International Edition