CalSTRS invested $1.363b in U.S.-focused real estate funds in the first half of 2023 by Lewis Dayton | Sep 14, 2023 The $321.3 billion California State Teachers’ Retirement System (CalSTRS) has invested in six real estate funds, for a total of $1.363 billion, in the first half of 2023.
Population aging and economic growth: From demographic dividend to demographic drag? by Andrea Zander | Sep 14, 2023 While population aging will slow economic growth throughout much of the world in the next three decades, expansions of labor supply due to improvements in functional capacity among older people could potentially cushion much of this demographic drag.
S2G Ventures publishes assessment of energy transition-focused private capital markets by Released | Sep 14, 2023 S2G Ventures has released a new report.
Absorption grows by 300% and deliveries expected to surge over 50% by Andrea Zander | Sep 14, 2023 Absorption in multifamily during the first half 2023 surged to 98,429 units, with an increase of 83,449 units in second quarter — nearly quadrupling the absorption seen in the first half 2022.
Hamilton Lane appoints long-time executives as co-CEOs by Kali Persall | Sep 13, 2023 Hamilton Lane, a global private markets investment management firm, has announced that long-time executives Erik Hirsch and Juan Delgado-Moreira have been appointed co-CEOs, effective Jan. 1, 2024.
Accordant launches registered interval fund for private real estate investment by Loretta Clodfelter | Sep 13, 2023 A new venture from private wealth adviser Accordant Investments and sub-adviser IDR Investment Management will offer individual investors a registered interval fund product that tracks the performance of private real estate funds.
Households less optimistic about their financial situations by Released | Sep 13, 2023 The Federal Reserve Bank of New York’s Center for Microeconomic Data released the August 2023 Survey of Consumer Expectations.
Carbon capture, new fuels and energy efficiency are the path to net zero says latest ABS research by Andrea Zander | Sep 13, 2023 Carbon capture, energy efficiency and green fuels are the roadmap to net zero by 2050.
Dominion Energy sells three U.S. natural gas distribution companies to Enbridge in $14b deal by Kali Persall | Sep 13, 2023 Dominion Energy has concluded a robust, competitive sale process, executing three separate definitive agreements to sell its three natural gas distribution companies to Enbridge, a multinational pipeline and energy company headquartered in Calgary, Canada, in a $14 billion deal.
Joe Duran launches new RIA firm by Andrea Zander | Sep 12, 2023 Joe Duran has plans to launch a new RIA firm, Rise Growth Partners.
Investors cash out and go back to neutral, says State Steet by Andrea Zander | Sep 12, 2023 Long-term investors were neutral on risk assets over the past month, according to State Street Global Markets in its State Street Institutional Investor Indicators for August.
Cetera to buy Avantax for $1.2b by Released | Sep 12, 2023 Avantax, a tax-focused financial planning and wealth management firm, will be acquired by Cetera Financial Group in an all-cash transaction valuing Avantax at approximately $1.2 billion.
H2 Green Steel raises €1.5b in equity to build world’s first green steel plant by Released | Sep 12, 2023 H2 Green Steel has raised about €1.5 billion ($1.61 billion)in equity from an investor group led by Altor, GIC, Hy24 and Just Climate.
Open Cosmos raises $50m from leading impact investors by Released | Sep 12, 2023 Open Cosmos has raised $50 million in Series B funding.
Brookfield Oaktree Wealth Solutions hires head of Nordics Region to support growing demand for alternatives by Released | Sep 11, 2023 Brookfield Oaktree Wealth Solutions has hired Johan Bark as senior vice president, head of the Nordics.