In The News
As world leaders converge at this week’s climate summit in Madrid to debate how best to shift to a net zero-economy, Michael Sabia is leaving the helm of Canada’s second-largest pension plan having firmly placed Quebec’s retirement savings at the forefront of the global movement for low-carbon investing.
An investment executive for the city’s pension system is getting a 75% salary boost and $50,000 signing bonus to do his work as a contractor.
The practice of companies sending monthly retirement checks to their former workers is headed for extinction, and remaining pension funds are in tough financial shape.
U.S. private equity firm Cerberus is hoping to replace Deutsche Bank Chairman Paul Achleitner, two sources confirmed to CNBC on Tuesday.
Chicago-based private equity investment firm has raised its sophomore fund, May River Capital Fund II.
Global alternative asset manager announced today that it completed the final close for Multi-Asset Class Fund II at the high end of its targeted capital raise with $983 million in committed capital.
JPMorgan Chase & Co. is raising money for a mezzanine fund through its asset- and wealth-management arm, according to people with knowledge of the matter.
Kohlberg & Co. is seeking to raise the largest buyout fund in its 32-year history, according to a public pension document.
Parthenon Investors VI, LP held its first and final closing with more than $2.0 billion in commitments, exceeding its initial fund target of $1.5 billion.
The fund closed with a total commitment of $63.4 million and will invest in real estate-related debt and equity positions.