The Fund, which targets distressed, repositioning, and selective development opportunities, was oversubscribed with approximately $1.7 billion of commitments compared to its $1.5 billion target.
A new report makes the case for investments that consider impact first and financial return second. But critics say such investments are mainly for the wealthy.
Kudu Investment Management, LLC, (Kudu) a provider of permanent capital solutions to asset and wealth managers globally, today announced the closing of a $300 million credit facility with Massachusetts Mutual Life Insurance Company (MassMutual), a leading U.S. mutual life insurance company, to finance Kudu’s growth initiatives.
The global investment banks said they could incur substantial losses from dealings with a U.S. client, days after a multibillion-dollar fire sale of stocks from a large investment fund.
In the midst of a pandemic, Charles Emond had a lot to tackle in his first year as CEO of Quebec pension fund CDPQ, but looking back, he sees a lot to be proud of.