Hitachi Said to Weigh Options for $1.6bn Unit Stake

Hitachi Said to Weigh Options for $1.6bn Unit Stake

Hitachi is considering options to streamline its business including the potential sale of its minority stake in a transportation unit, according to people familiar with the matter. The Japanese conglomerate is working with a financial adviser to field interest for its...
Texas Pension Manager Backs First SPAC Investments

Texas Pension Manager Backs First SPAC Investments

The Teacher Retirement System of Texas, one of the state’s largest public pension funds, backed its first investments in special-purpose acquisition vehicles, a strategy that doesn’t fit neatly into traditional asset class portfolios, according to Ashley Baum,...
Brookfield Sees ‘Massive’ Opportunities in Energy Shift

Brookfield Sees ‘Massive’ Opportunities in Energy Shift

Investors face an historic opportunity to put their money into renewable energy assets given the global consensus that now exists around the urgent need for decarbonization, according to Brookfield Asset Management. “The market opportunity is truly massive,” Connor...