NY State Pension Allocates Over $1bn to Alts in July

NY State Pension Allocates Over $1bn to Alts in July

The New York State Common Retirement Fund allocated more than $1bn to alternative investments during July, half of which has been earmarked for real assets, according to its monthly investment report. The pension fund committed nearly $500 million to three funds...
Royal Mail denies talks over possible sale to private equity

Royal Mail denies talks over possible sale to private equity

Royal Mail has denied trade union claims that it is in “secret talks” over a possible sale to private equity as workers stage fresh strikes in a row over pay and conditions. The group said it has held “no such talks” as suggested by the Communication Workers Union...
Bain Weighs HR Software Firm Sale at $2bn Valuation

Bain Weighs HR Software Firm Sale at $2bn Valuation

Bain Capital is exploring options for Works Human Intelligence Co. including a potential sale that could value the human resources software developer at as much as $2bn, according to people familiar with the matter. The private equity firm is working with an adviser...