BentallGreenOak has opened a new office in Austin, Texas that will be led by new Managing Director and Head of Texas Coverage Mike Leifeste, the firm announced today.
Studies show that long/ short equity is the most popular strategy employed by fund managers, both for established and new funds. However, investors are pulling capital out of long/ short equity funds at a rapid pace — and have been for the last 12 months at least.
Investing in sustainable funds that prioritize ESG goals is supposed to help improve the environmental and social sustainability of business practices. Unfortunately, close analysis suggests that it’s not only not making much difference to companies’ actual ESG performance, it may actually be directing capital into poor business performers.
The U.S. Virgin Islands sold its rum-tax collections to bondholders for $955 million, closing a securitization deal intended to refinance existing debt and replenish an ailing government pension fund.