In The News
CPR Asset Management, the thematic equities arm of the largest European asset manager Amundi, has launched a fund dedicated to tackling social inequalities, adding to CPR AM’s €10 billion thematic equities range.
The Federal Reserve cut its benchmark rate by a half percentage point on Tuesday morning, delivering a booster shot to stem potential economic disruptions from the spreading coronavirus epidemic.
Fund was oversubscribed, surpassing $1.35 billion target.
Women are gaining more seats in the corporate boardroom, a movement that figures to gain steam from fresh strategies like a new California law and the clout wielded by financial heavyweights such as Goldman Sachs.
The Fund had a $1 billion target and received limited partner commitments in excess of its $1.1 billion hard cap.
Pictet Alternative Advisors SA (PAA), the Pictet Group’s wholly-owned alternative investment firm, has closed its first direct real estate fund, Elevation I, at its hard cap of €700 million.
Activist investor Clifton S. Robbins is closing his firm, the latest high-profile veteran to exit the hedge-fund business. His motivation appears to be different from his rivals, however.
The Georgia Senate passed a bill Feb. 25 that would allow the state teacher retirement fund to invest in “alternative investments” that critics view as potentially too risky.
Oversubscribed fund VI will invest in early and growth-stage fintech businesses.
Corsair Capital today announced the successful final close of its fifth fund, Corsair V, with $1.0 billion of limited partner commitments, and an additional $264 million of co-investment capital that has been invested alongside Corsair V to date.
