Polish and Czech pension funds as the only ones in OECD countries suffered losses on their investments. The OECD report – the club of the richest countries in the world to which Poland also belongs – shows that Polish Open Pension Funds (OFEs) lost a total of 2.7 percent last year.
CVC Capital Partners has completed a 21.3 billion-euro ($24 billion) fundraising for its eighth flagship fund, people familiar with the matter said, in the private equity industry’s largest new pool of capital so far this year.
The world’s biggest pension fund posted a record loss in the first three months of 2020 after the coronavirus pandemic sparked a global market rout in the period.
Hamilton Lane (NASDAQ: HLNE), a Bala Cynwyd, Penn.-based private markets asset management firm (NASDAQ: HLNE), closed an impact fund with total capital commitments of more than $95 million.
A $2.5 billion investment firm owned by Richard Parsons and Ronald Lauder received a forgivable loan from the federal government’s small business loan program.