U.S. insurance asset sales attract new private equity players

U.S. insurance asset sales attract new private equity players

U.S. insurers are stepping up sales of annuities and other capital-intensive assets amid a surge in interest from new and established private equity buyers hungry to boost the amount of money they manage, according to industry sources and public data. Companies such...
Blackstone Said Buying Warburg Pincus India Logistics JV for $700m

Blackstone Said Buying Warburg Pincus India Logistics JV for $700m

Already India’s largest office landlord, Blackstone may soon become the country’s biggest warehouse owner through the purchase of a 22 million square foot (2 million square metre) logistics joint venture, according to local news reports. Having acquired more than 1...
Public pension plans invest $154.6bn in private markets in 2020

Public pension plans invest $154.6bn in private markets in 2020

Public pension plans tracked by investment data and analytics firm eVestment reported USD154.6 billion of commitments to private markets funds in 2020. This is a 2 per cent increase from 2019’s totals. In a pandemic-impacted year that turned fund due diligence and the...