The exposure held by the UK pension fund beat its target of 5.8% for 2016/17, as the organisation delivered a 19.6% return for its investment portfolio as a whole.
2 min read · 19 July 2017
The use of subscription facilities by funds has seen its criticism, but the practice is not without its positives write Thomas Smith and Almas Daud.
4 min read · 19 July 2017
The ‘pioneering’ listed vehicle has already secured commitments from nine Nigerian pension funds for its initial placing.
2 min read · 19 July 2017
Myoun-Wook Kang, who joined the Korean pension fund in February 2016, is leaving the firm after a wave of key personnel departures early this year.
2 min read · 19 July 2017
Showcasing the importance of Asia to KKR, Joseph Bae, the man instrumental in mapping out the firm’s Asia strategy, has been named as a successor to co-founders George Roberts and Henry Kravis.
3 min read · 18 July 2017
A report from Willis Towers Watson notes the asset class has grown more than any other alternative asset category over the past 12 months.
2 min read · 18 July 2017
As in Europe, the US is seeing loan terms trend in favour of sponsors at the expense of lenders.
2 min read · 18 July 2017
KPS Capital acquired Bosch’s minority stake in Chassis Brakes, a company that specialises in manufacturing car brake technology.
2 min read · 18 July 2017
The CLO, which the firm expects to close by the third quarter, would mark Ares’ third such vehicle in 2017.
2 min read · 17 July 2017
Two of the storied firm’s founders say the promotions are ‘about the future’ and making sure the firm can serve its investors ‘for decades to come’.
3 min read · 17 July 2017
