Nassau will also make a series of capital commitments to certain future funds managed by Balance Point to support the continued growth of the firm’s core strategy as well as the development of new strategies.
Nordic and British pension funds on Tuesday committed to invest $130 billion by 2030 to fight climate change, and report annually on the progress of their green investments.
Some economists argue that the pandemic-driven retreat from globalization, together with population aging in China and the advanced economies, is a recipe for inflation. But while workers’ bargaining power may rise, a wage-price spiral in the advanced economies is unlikely.