In The News
Combined with debt financing raised for certain levered vehicles with the Fund, Deerpath raised over $2 Billion in total capital available for deployment for the Fund.
Global investors have turned net buyers of hedge funds in recent months, data showed, attracted by their strong gains and the prospects of higher market volatility as countries recover unevenly from the pandemic.
Topwater Capital, a division of Leucadia Asset Management, today announced a strategic partnership and investment from one of the five largest Endowments in the U.S.
The Fund received strong support from a global investor base comprised of a broad cross section of new institutional and high-net-worth investors as well as existing Shenkman clients, the firm said.
MiddleGround Capital closes on $736 million for its current fund offerings, buoyed by strong demand from existing LPs.
While divestment advocates have successfully pushed some public and private universities to drop fossil fuel investments, the movement hasn’t caught on at oil-reliant institutions.
Ares Management Corporation closed its fifth commingled European direct lending fund at a record-breaking €11 billion ($13 billion), as officials cite strong demand from pension funds, insurance companies, SWFs, endowments and family offices.
The debate over the traditional 60/40 portfolio seems endless, but for pensions at least, it’s over — and bonds won.
Senate Bill 321 would also authorize yearly payments to shore up $14.7 billion in unfunded pension obligations.
And it probably won’t be as high as Biden wants, Goldman adds.
