This investment aligns to Blackstone’s core private equity strategy which is designed to hold investments in high-quality, market-leading companies for longer periods than traditional private equity.
Fund II received significant backing from new investors globally, including pension funds, insurers, family offices, and high net worth individuals, as well as from existing Accelmed limited partners.
Financial services industry veteran Steve Leathers has launched Leathers Group, a private real estate investment manager focused on medical office and specialty healthcare real estate.
A federal judge in San Francisco has chosen a Hawaii-based pension fund to lead a highly watched case accusing Wells Fargo of shoddy underwriting affecting commercial mortgage-backed securities.
The fund, offered initially to U.S. investors, will rely upon T. Rowe’s deep fundamental research platform as well as its Responsible Investing team to identify compelling investment opportunities around the world.
Asset managers are failing to provide pension trustees with details of how they oversee investments, causing problems for pensions as they attempt to implement investment policies such as environmental, social, and governance (ESG) concerns, according to new research from Dalriada Trustees and Minerva Analytics.