In The News
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.
Bankers worried about the risks of the replacement for global borrowing benchmark.
Co-Founder of Wall Street gatekeeper Cambridge Associates says famed investment strategy is ‘backward looking, outdated and worn out.’
Tips funds enjoy 29 consecutive weeks of inflows amid expectations of rising prices.
CCP V closed with over $1.3 billion of equity commitments and has also secured credit facilities to increase its available capital.