Ontario Pension Manager Invests $750 Million in Private Equity

Ontario Pension Manager Invests $750 Million in Private Equity

Investment Management Corp. of Ontario, a money manager for pension funds in the Canadian province, has committed C$1 billion ($750 million) to three funds as it looks to boost its private equity operations. The pension fund said it’s investing in Kohlberg Investors...
Blackstone earnings tick higher as tech lifts portfolio

Blackstone earnings tick higher as tech lifts portfolio

Blackstone posted slightly higher net earnings for the third quarter as its focus on technology-related investments helped its private equity portfolio rise above already buoyant broader markets. Blackstone posted net income of $794.7m, or $1.13 a share, for the third...
Castik Capital snaps up €1.25bn for second long-term fund

Castik Capital snaps up €1.25bn for second long-term fund

Luxembourg-based firm Castik Capital has reached the final close of its second buyout fund at a hard cap of €1.25bn. The fund, EPIC II, has a similar strategy to its predecessor, closed in 2016 at €1bn. It aims to make up to seven investments in continental Europe of...