New York-based alternative asset manager Owl Rock Capital Partners LP will invest $1 billion through a direct-lending strategy for the California State Teachers’ Retirement System. As of Aug. 31 this year, CalSTRS had $262.5 billion in assets under management, with...
A few months into the pandemic, it seemed as though blockbuster dealmaking hit a brick wall. Major deals were falling apart or getting stuck in limbo. Mergers and acquisitions (M&A) activity was dead in the water — or so it seemed. As it turns out, finance...
Nordic Real Estate Partners A/S, an alternative asset manager based in Copenhagen, has raised $2.2 billion for a new fund that will invest primarily in housing and care homes across Scandinavia. NREP brought in a number of major pension funds, including New York State...
The Texas Municipal Retirement System is making a big push into private equity co-investments after voting to double its private equity investment pace earlier this year. The Austin-based pension system, which manages $29.99bn in pension assets for city employees...
Two private equity groups have revised their final bids to Italy’s top-flight soccer league as they vie to secure a slice of Serie A’s lucrative broadcasting rights business for the next 10 seasons, sources familiar with the matter told Reuters. The two offers will be... 