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...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....
...Deloitte does not have a specific investment plan for the windfall it would receive from the sale, Stott said, adding that the pensions business was a “very small” part of its UK operations, which reported...
...While that trails returns marketed by private equity funds, it has proven attractive to pension funds and endowments after a decade of rock bottom interest rates....
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...Englander tells people he never plans to retire, but he has also tried to emphasise Millennium’s transition into a firm with shared leadership....
...While he tells people he never plans to retire, he has also emphasised Millennium’s transition into a firm with shared leadership....
...Canada’s $190bn Ontario Teachers’ Pension Plan and $300bn CDPQ lost their investments in crypto exchange FTX and lender Celsius, respectively....
...CPP Investments, Canada’s largest pension fund, invested a further $1.75bn, while just $1.2bn of the purchase price was financed with debt....
...Silver Lake and the Canada Pension Plan Investment Board, its partner on the proposed buyout, are offering to pay $18.15 per share in cash for Qualtrics, or a 6 per cent premium to Friday’s closing share...
...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....
...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....
...It plans to grow Qualtrics through acquisitions, taking advantage of an unleveraged balance sheet....
...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...
...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....
...But some of the North American pension funds that have been substantial co-investors in previous large transactions are finding it harder to commit funds to new deals....
...Job moves Addy Loudiadis is stepping down as chief executive of Rothesay, a pensions insurance specialist she co-founded within Goldman Sachs 15 years ago....
...Earlier at the same conference, Mikkel Svenstrup, chief investment officer at Denmark’s largest pension fund ATP, compared private equity to a pyramid scheme....
...The company, Plan D LLC, owned a Gulfstream jet. In court papers reviewed by the FT, the US Virgin Islands government cites flight logs showing that the plane transported underage girls....
...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....
...Shareholders voted in favour of a proposal put forward by New York state’s pension fund requiring the company to publish an electoral spending report on any contributions to politicians or causes....
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