In The News
The Fund’s investment strategy will change on June 2, 2021 from one that uses market research and quantitative analysis to create a portfolio that aims for lower volatility to one that uses a proprietary systematic investment process which focuses on risk premia offered by exposure to factors such as value, quality, momentum, low risk, and size.
Plano-based Accelerate Real Asset Management, a growth-oriented real asset platform, sees a significant renewable transformation happening in the United States economy. That’s why the team plans to capture attractive, risk-adjusted returns in an emerging asset class of sustainable infrastructure royalties.
YBF 3 will invest broadly across multiple therapeutic areas and modalities, targeting seed/early stage and development-stage companies at the forefront of the future of medicine.
State Comptroller DiNapoli announced that the New York State Common Retirement Fund’s estimated overall investment return was 33.55 percent for the state fiscal year (that ended March 31, 2021, reflecting the financial markets’ dramatic rebound from lows reached during the COVID-19 pandemic.
The PRIT Fund paid out a net $1.5 billion in benefits to retirees during 2020.
After pandemic-related fiscal problems last year, NJ’s public-worker pension system is on the way to delivering record returns.
The fund will seek to build a diversified portfolio of primary fund investments and co-investments in both the small and middle markets globally.
Consummation of the transaction will result in the automatic termination of each fund’s investment advisory agreement and sub-advisory agreement.
The downgrades are driven by changes to Fitch’s rating criteria for closed-end funds (CEFs), rather than by any fundamental changes to the fund’s credit profile.
After years of idle threats, Washington is talking seriously about ending the tax break that has helped private equity become one of the most lucrative corners of U.S. finance.
