Investors and publicly traded contractors are betting that the new administration’s focus on Building Back Better will be a boon to business and to stock prices, which already are rising.
Blue Sea Capital today announced that it has successfully closed Blue Sea Capital Fund II LP and Blue Sea Capital Executive Fund II LP, a $430 million private equity fund.
US pensions awarded $9 billion to hedge funds in H1 amidst market uncertainty, but as worst-case scenarios did not materialize in H2, equity markets recovered and hedge fund allocations tailed off to $2.2 billion in Q3 and $1.3 billion in Q4.
The nation has been captivated by revelations of millions of amateur traders collectively through social media and online trading platforms taking on Wall Street’s highest cost, highest risk, most secretive money managers and winning—at least in the short term.
The two pension funds, which comprise about $63 billion in assets, don’t seem likely to follow the other retirement plans in abandoning oil and gas holdings.