The fund will focus on identifying and investing in co-investment opportunities globally alongside high-quality private equity managers in a variety of private equity strategies.
The bill would direct state investment funds to divest from companies that cut ties with fossil fuel companies, pitting Texas against some increasingly carbon-conscious Wall Street investors.
Billionaire hedge fund investor Chris Hohn of TCI Fund Management has generated $12.6 billion in gains over the past two years. Here’s how he’s trying to get companies to cut their carbon emissions.
CalSTRS, the second-largest U.S. public pension, bought Peloton, NextEra, and Norwegian Cruise stock, and trimmed the investment in Skyworks Solutions in the fourth quarter.