Sentences with phrase «private pension investments»

Suppose, for example, that Congress decides to nationalize private pension investments.

Not exact matches

More pension funds are allocating to private equity and infrastructure, which as subjectively valued investments make it harder to know whether projected returns are overinflated and that the fund is truly performing as claimed.

It's been 60 years since he started his investment - counselling firm, which now manages more than $ 36 billion in pensions and endowment funds, as well as corporate and private portfolios.

They had about # 30,000 (~ $ 36,800) in cash savings with the remainder of their net worth invested in rented - out residential property, private pensions, and investments including ETFs and bonds, Jason told Business Insider in an email.

TORONTO — Onex Corp. (TSX: OCX) and Canada Pension Plan Investment Board has signed a deal to sell Gates Corp. for US$ 5.4 billion to private equity firm Blackstone.

More recently, rumours are circulating about private equity groups such as Silver Lake Partners and even the Canada Pension Plan Investment Board.

Japan's government loosened laws on pensions in May, allowing almost all working - age Japanese to join private defined - contribution retirement plans — similar to individual retirement accounts (IRAs) in the United States that allow workers to make regular contributions to an investment fund with tax breaks.

Wiseman cautioned that the CPPIB — despite its large size in Canadian terms — competes against much bigger investors in the global market such as private equity funds, sovereign wealth funds and other public pension plans that are also on the hunt for similar types of investments.

Blackstone Capital Partners VI attracted some of the world's largest private - equity investors, including the California Public Employees» Retirement System and the Canada Pension Plan Investment Board, according to disclosures by the pensionPension Plan Investment Board, according to disclosures by the pensionpension funds.

As the private deals get too big for VCs to underwrite on their own, some public money is making its way into them, through direct investments from mutual funds like Fidelity, Janus, and T. Rowe Price, and indirectly via pension - backed hedge funds and private equity.

Calpers, the biggest pension fund in the world, has 10 % invested in private equity and another 12 % or so in other types of illiquid investments, like infrastructure, real estate, and forestland.

Hours later, the Canada Pension Plan Investment Board (CPPIB) announced it had teamed up with European private equity firm BC Partners to buy Suddenlink Communications for $ 6.6 billion.

«Companies in this industry tend to generate fairly strong and predictable cash flows, which aligns with CPPIB's long - term investment goals,» says the pension fund's senior vice-president, private investments, Andre Bourbonnais.

Private equity firm Silver Lake Partners leads the investor group, and is joined by venture capital firm Andreessen Horowitz and the Canada Pension Plan Investment Board, as well as Skype founders Niklas Zennström and Janus Friis.

In the quest to compensate for low fixed income returns, pension funds have plowed money into stocks, private equity funds and illiquid and very risky investments, like subprime auto loan securities and commercial real estate.

When the DOL proposed its rule, it did so as the regulator of private industry pension plans under the Employee Retirement Investment Security Act, better known as ERISA.

While many innovative investment vehicles such as private equity and pension funds have emerged in recent times, boomers will need to learn about the benefits of crowdfunding, which is a relatively new comer.

We are currently advancing this approach on behalf of a multitude of foreign and domestic public and private pension funds, limited partnerships, and investment trusts in securities fraud actions against BP plc relating to the Deepwater Horizon oil spill in 2010.

These skills have enabled him to sign numerous institutional clients for litigation and portfolio monitoring services, including public and private pension plans, investment management firms and sponsored investment vehicles, from both the U.S. and abroad.

When we examine the investment time horizon of clients — ranging from high - net worth private clients to pension funds, insurance companies, endowments and sovereign wealth funds — we find that the clients typically have time horizons of a decade or more, and, in many instances, have an explicit multigenerational objective (see Exhibit 5, which highlights typical clients» time horizons).

Neiman Marcus does not face any significant debt maturities until 2020, when a term loan of nearly $ 3 billion comes due, giving its private equity owners Ares Management LP (ARES.N) and Canada Pension Plan Investment Board (CPPIB) time to try to turn the business around.

This private equity investment mark - to - market «Picasso» leads to extreme «over-marking» of private equity investment valuations at pension funds.

«For us, it's an opportunity to gain significant exposure to the middle - market lending space,» said Mark Jenkins, global head of private investment at Canada Pension, which manages $ 264 billion on behalf of 18 million Canadians.

But with the example of the Dallas pension fund above, if the beneficiaries are allowed to withdraw all of their money, the fund will have to unload its illiquid private equity investments to meet the outflow requests.

A big drop in returns would be particularly vexing for pension funds, which are counting on private equity, hedge funds and other so - called alternative investments to help them meet their mounting liabilities.

At this summit, you will meet and network with 200 + senior - level representatives from private equity firms, pension plans, endowments, foundations, family offices, insurance companies, investment banks, distressed debt firms, asset managers, owners, and developers.

Brynwood Partners currently manages more than $ 725 million of private equity capital for its limited partners, which include U.S. and international pension funds, fund - of - funds, endowments, high net worth family investment offices and financial institutions.

Together with a further # 5 billion of spending in the next parliament and # 20 billion from private investment, made possible by a deal with two groups of British pension funds, he unveiled a «huge commitment to overhauling the physical transport infrastructure of our nation».

«Scott was among the first to call for a ban on private placement agents for City pension investment and also worked to advance shareholder initiatives to align corporate executive pay with long - term performance, promote workplace diversity, increase transparency and sustainability, and disclose corporate political spending.»

ALBANY — Controller Thomas DiNapoli granted private powwows about pension fund business to investment companies with close ties to his political cronies.

Industry sources blame the city's byzantine system under former New York City Comptroller Bill Thompson, who oversaw many of the pensions» private equity investments from 2002 to 2009.

He also pledgde to forgo any future payments in connection with the NYC Police and Fire pension fund investments in his firm, GF Capital Private Equity GP, LLC.

Apprenda, a software firm whose headquarters are on River Street, has received $ 1.2 million in investments from the New York State Pension Fund's in - state private equity investment program.

Hevesi admitted to using his control over the state's pension fund, now at $ 130 billion, to steer $ 250 million in investments to a private equity fund that paid him handsomely: $ 75,000 in trips to Israel and Italy for him, his adult children, and people from his staff; $ 500,000 in campaign contributions, and $ 380,000 in make - believe consulting fees to a lobbyist allied with Hank Morris, Hevesi's political guru.

While announcing he had reached new settlements in his probe, Cuomo's office admitted an April 5, 2007 meeting that took place between Global Strategy Group's Jon Silvan, a partner from Intermedia (a private equity investment firm seeking pension fund investments) and a Mirram Executive and DiNapoli at his Manhattan office has caught the interest of investigators.

We need to look urgently at the options for getting large - scale private investment into the national roads network — from sovereign wealth funds, pension funds, and other investors.

A new public / private infrastructure fund would raise up to $ 1 billion from pension funds and private investment.

However, the VDC plan also has several significant advantages: members vest in a year, compared to 10 years years for any current DB pension plan; they can control their own investment profile with the advice of experts; and the DC plan is portable, meaning it follows employees when they change jobs in the public or private sectors, in or out of New York.

Comptroller Scott Stringer said Thursday that New York City's pension funds had divested its investments in private prison companies, calling it the first such move by a major U.S. city.

The pension fund for the State of California, for instance, is trying to end its private equity investment program because of poor results.

The Comptroller's office works in partnership with 18 private equity managers, who decide whether the companies are a good investment, and reasonable risk for the pension fund.

Other states have offered similar private equity investment plans, using pension fund monies, but have not been successful.

With less than two months remaining in his tenure as attorney general, Governor - elect Andrew Cuomo has filed two lawsuits against President Obama's former car czar, Steve Rattner, alleging he paid kickbacks in order to obtain $ 150 million in investments in his private equity firm, Quadrangle Group, from the state pension fund.

According to Cuomo's office, Global received approximately $ 1.3 million for facilitating pension fund investments in private equity funds managed by Intermedia Advisors, LLC and Clayton, Dubilier & Rice.

The New York State Pension Fund, and the taxpayers who have to backstop it, have lost billions of dollars because Tom DiNapoli made risky investments on Wall Street in an attempt to meet an unrealistic return expectation that any private sector money manager in America — except maybe Bernie Madoff — would know is a fallacy.»

The UFT and NYSUT will also urge the National Educational Association and the American Federation of Teachers, along with other public and private sector unions, to avoid pension and retirement fund investments with any funds operated by Steven Klinsky.

WHEREAS the private equity funds established and managed by Steven Klinsky, preeminently New Mountain Capital, solicit major investments from teacher retirement and pension funds, public employee retirement and pension funds, union retirement and pension funds and other retirement and pension funds from the not - for - profit sector; and

Specifically, the UFT shall not ask teacher unions, public employee unions, private sector unions and not - for - profit organizations to call upon the trustees or other persons responsible for investment decisions of the pension and retirement funds covering their members and / or employees to not invest in these investment funds.

Stand - up comedian Randy Credico, who helped bring about reform of the state's Rockefeller Drug Laws, is now setting his sights on the New York state comptroller's office, where he is protesting against state pension fund investments in the private prison industry.

«Caledon was founded in 2006 by David Rogers, the former head of the private equity group of the Ontario Municipal Employees Retirement System («OMERS») pension plan and a member of the Board of Directors of the parent company for OMERS» direct infrastructure investment arm — Borealis Infrastructure.»