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.
Nuveen Real Estate said Wednesday that it has raised an additional €50 million ($59.1 million) for its latest Europe-focused logistics real estate fund, which has already made one acquisition and has others in the pipeline.
BlackRock has agreed to pay $9.6 million to end an Employee Retirement Income Security Act class action accusing it of costing workers and retirees millions in unreasonable 401(k) plan fees and bad investment decisions, the investors said in a bid for preliminary approval of the deal.