U.K.’s Largest Private Pension Fund to Exit Coal, Tobacco Firms

U.K.’s Largest Private Pension Fund to Exit Coal, Tobacco Firms

The U.K.’s largest private pension manager plans to stop investing in companies involved with tobacco, thermal coal and controversial weapons. The Universities Superannuation Scheme, which oversees more than 68 billion pounds ($84 billion) of assets, will begin...
Baker McKenzie Hires Seasoned Private Equity Partner in Hong Kong

Baker McKenzie Hires Seasoned Private Equity Partner in Hong Kong

The strategic hire comes as the Firm expects increased PE deals across Greater China, Southeast Asia, Japan and South Korea The appointment further demonstrates the Firm’s commitment to growing its transactional capabilities and financial sponsor practice Baker...
KKR’s McVey Sees Fed Turning Off ‘Liquidity Spigot’ Next Year

KKR’s McVey Sees Fed Turning Off ‘Liquidity Spigot’ Next Year

KKR & Co.’s Henry McVey has four words of caution for investors anticipating a never-ending flood of central bank liquidity into financial markets: “There is a limit.” As soon as next year, governments will reach a “tipping point” at which point they can no longer...
KKR, Cinven, Providence Bid for Spanish Carrier Masmovil

KKR, Cinven, Providence Bid for Spanish Carrier Masmovil

Three buyout funds offered to acquire Spanish carrier Masmovil Ibercom SA, in one of the largest private equity deals since the global coronavirus pandemic started in March. KKR & Co., Cinven Ltd. and Providence Equity Partners LLC offered 22.5 euros a share for...