Reconstituted tobacco leaf related companies from Norway's portfolio fund. The sovereign wealth fund of Norway, which is also the world's largest, has excluded Schweitzer-Mauduit International Inc and Huabao International Holdings Ltd from its corporate portfolio due to their involvement with tobacco production.
Pension funds
Fiat to Purchase Rest of Chrysler
Fiat is preparing to purchase the rest of the shares of Chrysler through a loan being prepared by a number of banks.
UK Pension Funds Try Out Leveraged Loans
UK Pension Funds start trying out leverage funds, often to seek high yields yet are unprepared for the high risks.
According to Study, Assets of Global Pensions Reached an All-time High
Study from Towers Watson shows growth of global pensions. Studies showed that the pension fund assets in the world's largest markets increased by 8.
Severn Trent Targeted by Consortium
According to the Financial Times, Severn Trent, a water and sewage utility, is now the target of a takeover bid by OMERS and the Kuwaiti Investment Authority.
Latest News
Apollo Global's two founders and other cornerstone investors have committed to sell off part of their shareholdings.
Hochtief AG is returning to its construction roots by the sale of its airport management division. Hochtief AG has entered into an agreement to sell its airport division to the Public Sector Pension Investment Board of Canada.
Plexus Capital raises US$150 million with an equal counterpart from the Small Business Association to create Plexus Fund III worth US$300 million.
In an unprecedented move, Canyon Lake City has opted out and terminated its contract with Calpers. Canyon Lake is home to Calpers, the largest public pension fund in the US with US$256 billion in assets.
The approval by the mayor's executive committee pushes the casino plan forward for Cadillac Fairview and MGM.
Cathedral Capital offered for sale by Lloyd's of London. According to reports, Lloyd's of London insurer Cathedral Capital is up on the auction block.
Tengram Capital Partners has raised US$173 million in commitments, more than its original US$150 million target.
Bain Capital LLC's Capital Fund XI is in the process of finalizing its subscriptions from investors.
ABVCAP is discussing with government regulators on means to expand investment means for venture capital and private equities.
