Trusted Insighthttp://thetrustedinsight.com/2022-08-31T11:44:09.862504-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Oil Prices Boom Amid Pressure To Divest From Fossil Fuels
2022-08-31T11:44:09.862504-04:00https://www.thetrustedinsight.com/investment-news/oil-prices-boom-amid-pressure-to-divest-from-fossil-fuels-20220831992/
The surge comes at a time when many universities have backed away from fossil fuels, divesting from the energy sector following sustained pressure from students and environmental activists concerned about climate change and the ways colleges are contributing to it.
Can Index Funds Be A Force For Sustainable Capitalism?
2017-12-07T15:22:07.135204-05:00https://www.thetrustedinsight.com/investment-news/can-index-funds-be-a-force-for-sustainable-capitalism-20171207016/
The investment industry is changing. Among other things, there is growing demand from both retail and institutional investors to align their capital with better environmental and social outcomes, and more resources going into index fund or quasi-indexing products.
Biggest Pension Fund Craves More After Foray Into ESG Assets
2017-07-18T10:34:47.387684-04:00https://www.thetrustedinsight.com/investment-news/biggest-pension-fund-craves-more-after-foray-into-esg-assets-20170718046/
The world’s largest pension fund aims to boost and broaden its socially responsible assets after buying them for the first time this year.
As Elites Switch to Texting, Watchdogs Fear Loss of Transparency - The New York Times
2017-07-07T16:38:07.965270-04:00https://www.thetrustedinsight.com/investment-news/as-elites-switch-to-texting-watchdogs-fear-loss-of-transparency-the-new-york-times-20170707876/
In a bygone analog era, lawmakers and corporate chiefs traveled great distances to swap secrets, to the smoke-filled back rooms of the World Economic Forum in Davos, Switzerland, or the watering hole...
Sovereign Wealth Funds Tweak Portfolios For Environmental Risk
2017-06-22T10:50:30.144775-04:00https://www.thetrustedinsight.com/investment-news/sovereign-wealth-funds-tweak-portfolios-for-environmental-risk-20170622527/
Norway's and NZ Super Fund are among those taking the lead The post Sovereign wealth funds tweak portfolios for environmental risk appeared first on DealStreetAsia.
Sovereign Wealth Funds Scaling Down Exposure To Fossil Fuels
2017-06-19T17:33:52.239455-04:00https://www.thetrustedinsight.com/investment-news/sovereign-wealth-funds-scaling-down-exposure-to-fossil-fuels-20170619426/
Some sovereign investors are reducing their exposure to fossil fuels or seeking clean alternatives to protect their portfolios from rising environmental risk.
Sovereign Investors Tweak Portfolios For Environmental Risk
2017-06-19T16:05:16.315638-04:00https://www.thetrustedinsight.com/investment-news/sovereign-investors-tweak-portfolios-for-environmental-risk-20170619412/
Some sovereign investors are reducing their exposure to fossil fuels or seeking clean alternatives to protect their portfolios from rising environmental risk.
Sorting Out Impact Investing In A Changing Market
2017-05-30T17:17:24.335174-04:00https://www.thetrustedinsight.com/investment-news/sorting-out-impact-investing-in-a-changing-market-20170530955/
Impact investors seek both financial returns along with social and environmental impact. To achieve this, the impact must be inherent in the business model, meaning that as they sustainably scale on a financial and operational basis, the expected impact scales right along with the business scaling.
Two New Members Appointed To Idaho Endowment Fund
2017-05-30T11:19:39.855942-04:00https://www.thetrustedinsight.com/investment-news/two-new-members-appointed-to-idaho-endowment-fund-20170530945/
Governor C.L. “Butch” Otter has appointed Mary E. Hughes and Jerry F. Aldape to the nine-member Idaho Endowment Fund Investment Board, with terms ending in 2020 and 2021, respectively. Both appointme...
Norwegian Billionaire Who Made Fortune Polluting Oceans Will Donate Wealth To Clean Them Up
2017-05-30T10:31:08.446077-04:00https://www.thetrustedinsight.com/investment-news/norwegian-billionaire-who-made-fortune-polluting-oceans-will-donate-wealth-to-clean-them-up-20170530922/
Our oceans may have found an unlikely savior. Norwegian billionaire Kjell Inge Røkke, who accrued his wealth in part through offshore oil drilling, announced this month that he’s donating the majority of his wealth to help save the oceans. Røkke is funding a 600-foot research yacht, which will tackle some of the most pressing environmental concerns of our time ― including how to rescue endangered species and eliminate plastic trash from our big blue seas.
CalPERS' Climate Risk Reporting Proposal Passes At Occidental Petroleum
2017-05-15T15:03:08.907482-04:00https://www.thetrustedinsight.com/investment-news/calpers-climate-risk-reporting-proposal-passes-at-occidental-petroleum-1-20170515495/
The California Public Employees' Retirement System's (CalPERS) climate risk reporting shareowner resolution, Proposal #5, passed today at the annual shareowner meeting of Occidental Petroleum. The resolution requires the international oil and gas company to report on environmental risks and opportunities associated with climate change. It was co-filed by CalPERS and other investors, including Wespath Investment Management, the Nathan Cummings Foundation, and the New York State and Connecticut pension funds.
CalPERS Urges Investors To Vote For Climate Change Reporting At Occidental Petroleum
2017-05-11T10:56:24.582230-04:00https://www.thetrustedinsight.com/investment-news/calpers-urges-investors-to-vote-for-climate-change-reporting-at-occidental-petroleum-20170511394/
The California Public Employees' Retirement System (CalPERS) is calling fellow shareowners of Occidental Petroleum, the international oil and gas company, to vote in favor of a proxy ballot resolution requiring the company to report on environmental risks and opportunities associated with climate change.
A Nonprofit Set Up By A Hedge Fund Legend Is Tackling The No.1 Question For Corporate America
2017-05-08T15:46:04.583731-04:00https://www.thetrustedinsight.com/investment-news/a-nonprofit-set-up-by-a-hedge-fund-legend-is-tackling-the-no1-question-for-corporate-america-1-20170508263/
Just Capital is utilizing a seldom used tool to improve corporate behavior on issues like fair wages, environmental protection and discrimination: data.
Norway Wealth Fund Drops BHEL From Its Portfolio Over Environmental Concerns
2017-05-05T17:56:05.431978-04:00https://www.thetrustedinsight.com/investment-news/norway-wealth-fund-drops-bhel-from-its-portfolio-over-environmental-concerns-20170505249/
Norway wealth fund has dropped BHEL from its investment portfolio on environmental concerns arising from its coal-fired thermal power plant in the Sundarbans.
A Nonprofit Set Up By A Hedge Fund Legend Is Tackling The No.1 Question For Corporate America
2017-05-04T17:11:04.340463-04:00https://www.thetrustedinsight.com/investment-news/a-nonprofit-set-up-by-a-hedge-fund-legend-is-tackling-the-no1-question-for-corporate-america-20170504185/
Just Capital is utilizing a seldom used tool to improve corporate behavior on issues like fair wages, environmental protection and discrimination
Rio Tinto Sees Bumpy Ride For Aluminum As China Poses Puzzle
2017-04-03T17:52:00.278709-04:00https://www.thetrustedinsight.com/investment-news/rio-tinto-sees-bumpy-ride-for-aluminum-as-china-poses-puzzle-20170403122/
Rio Tinto Group’s aluminum boss sees prices for the lightweight metal heading for an “extremely” volatile period, with uncertainty over when China will curb production helping to keep investors on edge. “That’s really where the uncertainty is at the moment,” Alfredo Barrios said in an interview at Bloomberg’s Toronto office. “There’s no doubt that if you look at the supply side, if you look at the environmental issues, sooner or later that will change. But when is a question mark.” China has ordered curbs on steel and aluminum output in as many as 28 northern cities during the winter heating season...
CVR Energy: 10.2% Yield, Trump-To-Icahn ‘Kickback’ Pending
2017-03-28T15:21:06.429530-04:00https://www.thetrustedinsight.com/investment-news/cvr-energy-102-yield-trump-to-icahn-kickback-pending-20170328915/
Carl Icahn has a reputation as a corporate raider, and he is currently the chairman of the board at big-dividend (10.2% yield) holding company, CVR Energy (CVI). CVI is engaged in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining (CVRR) and CVR Partners (UAN), respectively. It is tempting to bet against UAN and bet in favor of CVRR considering President Trump’s lack of enthusiasm for Environmental Protection Agency regulations and his friendship with renewable energy short-seller Carl Icahn. However, we believe it’s better to more fully align your interests with Carl Icahn by owning CVI (instead...
Hedge Fund Billionaire Tom Steyer’s Mission To Save The Planet From Trump
2017-03-23T18:14:05.421358-04:00https://www.thetrustedinsight.com/investment-news/hedge-fund-billionaire-tom-steyers-mission-to-save-the-planet-from-trump-20170323810/
Tom Steyer isn't your average California tree hugger. The former hedge fund manager—number 1,121 on Forbes’ wealthiest people list, with $1.61 billion—was once best known for turning $15 million into $30 billion in about two decades.
Columbia University Divests From Thermal Coal Production
2017-03-16T11:38:23.060001-04:00https://www.thetrustedinsight.com/investment-news/columbia-university-divests-from-thermal-coal-production-20170316550/
On Monday 13 March, the University’s Trustees voted to support a recommendation from the Advisory Committee on Socially Responsible Investing (ACSRI) to “divest from companies deriving more than 35% of their revenue from thermal coal production and to participate in the Carbon Disclosure Project’s Climate Change Program.”
Students Target Their School's Underperforming Investments
2017-02-21T10:50:57.181009-05:00https://www.thetrustedinsight.com/investment-news/students-target-their-schools-underperforming-investments-20170221665/
College students decades ago protested endowment investments in South Africa during apartheid, and more recently, fossil fuels. Now there’s a new target: hedge funds. A group of Wright State University students is scheduled to gather Friday to call for trustees of the public school in Dayton, Ohio, to shed its hedge fund holdings, which totaled about 8 percent of the school foundation’s $80 million endowment as of Dec. 31.
How Wealthy Private Investors Might Save Climate Research
2017-01-31T15:14:17.182734-05:00https://www.thetrustedinsight.com/investment-news/how-wealthy-private-investors-might-save-climate-research-20170131019/
As the fate of research-oriented, policy-driven organizations like the EPA appear to be under threat, the future of these program's objective work may rely on financial sources outside of governance. Concerned private citizens and their affiliated businesses are likely going to take the front seat for funding future research to ensure up-to-date research keeps apace.
Saudi Arabia Seeks £40B Investment To Become "Solar Powerhouse"
2017-01-17T10:26:15.536133-05:00https://www.thetrustedinsight.com/investment-news/saudi-arabia-seeks-40b-investment-to-become-solar-powerhouse-20170117448/
'Saudi Arabia wants to balance economic needs against environmental goals as it has considerable solar power potential and is eager to reduce its use of fossil fuels'
Bridge Ventures Rolls Out $25M Real Estate Fund
2017-01-11T16:40:08.131816-05:00https://www.thetrustedinsight.com/investment-news/bridge-ventures-rolls-out-25m-real-estate-fund-20170111333/
Bridges Ventures has launched a $25 million real estate fund Bridges UrbanView. The fund will focus on real estate projects projects “that can deliver superior risk-adjusted financial returns alongside measurable social and environmental impact.” According to the firm, the fund has made its first undisclosed investment: an Atlanta-based mixed-income residential development.
Environmental Investing Is Prosperous For Pension Investors
2016-12-14T11:51:17.979534-05:00https://www.thetrustedinsight.com/investment-news/environmental-investing-is-prosperous-for-pension-investors-20161214483/
Jupiter Asset Management fund manager Charlie Thomas says there is increasing "symmetry" between pensions and long-term environmental investing.<br />
<br />
Thomas said: "Pensions are about long-term investments and that is very much aligned with what we are trying to do with environmental investing in the sense that many of the issues we are looking to invest in - around water, waste and climate change for instance - are all about long-term issues and therefore we see there is symmetry between both pensions and long-term investing.
6 Amazing Ways Eco-Tech Is Reinventing The World Around Us
2016-12-12T09:37:42.367666-05:00https://www.thetrustedinsight.com/investment-news/6-amazing-ways-eco-tech-is-reinventing-the-world-around-us-20161212323/
Ecotech is growing into a large industry. In 2015, VCs have invested over $58.8 billion in US-based eco-tech startups. In fact, eco-friendly startups have begun to gain traction on a global scale and introduce new technologies for improving the world we live in. The changes are happening as we speak and here are the top six most important ones.
Bill Gates, Jeff Bezos, Others Are Launching A $1B Green Energy Fund
2016-12-12T09:35:50.266838-05:00https://www.thetrustedinsight.com/investment-news/bill-gates-jeff-bezos-others-are-launching-a-1b-green-energy-fund-20161212322/
Alongside the Microsoft-cofounder-turned-philanthropist and the Amazon CEO, there is an array of top investors and industry leaders backing it — including Virgin's Richard Branson, Bridgewater Associate's Ray Dalio, John Doerr from Kleiner Perkins, LinkedIn cofounder Reid Hoffman, Vinod Khosla of Khosla Ventures, Alibaba exec chairman Jack Ma, Facebook cofounder-turned-investor Dustin Moskovitz, and Softbank CEO Masayoshi Son.
100 Most Exciting Startups In New York City
2016-12-08T10:38:24.503772-05:00https://www.thetrustedinsight.com/investment-news/100-most-exciting-startups-in-new-york-city-20161208215/
A panel of 40 judges, including Business Insider's Henry Blodget and Karl-Theodor zu Guttenberg, chairman of Spitzer Partners, chose the finalists.
Impact Investing: A Sustainable Strategy For Hedge Funds
2016-11-22T15:15:11.194029-05:00https://www.thetrustedinsight.com/investment-news/impact-investing-a-sustainable-strategy-for-hedge-funds-20161122602/
Nearly a decade after its arrival on the social finance scene, impact investing is still growing in popularity. Hedge fund managers have been slow to adopt the strategy, although other types of investment managers are already gathering assets in this space. Yet as the hedge fund industry continues to face performance headwinds, it may be time to take a closer look at how this type of sustainable investing may support alpha generation. Defined as ”the intentional allocation of capital to generate a positive social or environmental impact that can be—and is—measured,”¹ impact investing blends the earlier concepts of investment screens...
Billionaire Green Activist Steyer Vows To Battle Trump, Says Money Not An Issue
2016-11-16T11:10:09.788130-05:00https://www.thetrustedinsight.com/investment-news/billionaire-green-activist-steyer-vows-to-battle-trump-says-money-not-an-issue-20161116329/
Billionaire environmental activist Tom Steyer, who has spent more than $140 million on fighting climate change, said on Tuesday he will spend whatever it takes to fight President-elect Donald Trump’s pro-drilling and anti-regulation agenda. The former hedge fund manager from California is putt...
Impact Investing And Hedge Funds: A Sustainable Strategy
2016-11-10T14:15:11.743744-05:00https://www.thetrustedinsight.com/investment-news/impact-investing-and-hedge-funds-a-sustainable-strategy-1-20161110121/
Our people and our culture make Deloitte a place where leaders thrive. Get an inside look at the rich diversity of background, education, and experiences of our people. Impact investing is a sustainable and competitive strategy for hedge funds. Here are five considerations for hedge funds as they move towards social finance. Impact investing can be defined as “the intentional allocation of capital to generate a positive social or environmental impact that can be—and is—measured.” It blends the earlier concepts of investment screens and social selection criteria with the newer enhancements of intentionality and impact metrics. Hedge fund managers have...
Maryland Pension System Begins Weighing Portfolio's Carbon Footprint
2016-10-20T12:07:53.500567-04:00https://www.thetrustedinsight.com/investment-news/maryland-pension-system-begins-weighing-portfolios-carbon-footprint-20161020937/
The managers of Maryland's pension fund have begun considering the effect their investments have on climate change and how to minimize the carbon footprint of the state's $45 billion portfolio....
Endowment Sees First Negative Return In Seven Years
2016-10-20T12:04:39.602578-04:00https://www.thetrustedinsight.com/investment-news/endowment-sees-first-negative-return-in-seven-years-20161020933/
Bowdoin’s endowment generated an investment return of -1.4 percent in fiscal year (FY) 2016, a marked drop from last year’s 14.4 percent increase. According to Cambridge Associates, a firm that track...
Family Offices Helping To Develop Best Practices In Impact Investing, Driven Largely By Millennials, Says Cambridge Associates
2016-10-06T14:50:39.288805-04:00https://www.thetrustedinsight.com/investment-news/family-offices-helping-to-develop-best-practices-in-impact-investing-driven-largely-by-millennials-says-cambridge-associates-20161006286/
Family offices are among those leading the movement toward impact investing, the integration of values and investment strategy and the search for market-based solutions to social and environmental challenges like poverty, climate change and hunger.
Private Equity Firms Invest $225M More In GFL Environmental
2016-10-04T15:51:33.962352-04:00https://www.thetrustedinsight.com/investment-news/private-equity-firms-invest-225m-more-in-gfl-environmental-20161004148/
GFL Environmental Inc. (“GFL”) announced today that on September 30, 2016, it completed its merger of Rizzo Environmental Services, Inc. and its subsidiary companies (“Rizzo Environmental” ) with a new U.S. subsidiary of GFL.
Pollution Woes Prompt Pension Funds To Dump Duke Energy Stock
2016-09-08T11:51:52.816180-04:00https://www.thetrustedinsight.com/investment-news/pollution-woes-prompt-pension-funds-to-dump-duke-energy-stock-20160908823/
One of the world's largest investment funds is dumping its shares in Duke Energy Corp. because it sees too much risk in what it called the largest U.S. electric company's history of environmental damage.
Norway’s Wealth Fund Dumps Duke Energy on Environmental Risk
2016-09-08T10:28:15.953073-04:00https://www.thetrustedinsight.com/investment-news/norways-wealth-fund-dumps-duke-energy-on-environmental-risk-20160908803/
Norway’s $900 billion sovereign wealth fund, the world’s biggest, excluded Duke Energy Corp. and some units from its investments because of a risk of “severe environmental damage.”
The executive board of Norges Bank, which oversees the fund, decided to exclude the largest U.S. utility owner by market value and its wholly-owned subsidiaries Duke Energy Carolinas LLC, Duke Energy Progress LLC, and Progress Energy Inc. after an April 5 recommendation from its Ethics Council, Norges Bank Investment Management said in a statement on Wednesday.
Pollution Woes Prompt Pension Fund to Dump Duke Energy Stock
2016-09-08T10:05:12.764391-04:00https://www.thetrustedinsight.com/investment-news/pollution-woes-prompt-pension-fund-to-dump-duke-energy-stock-20160908801/
One of the world's largest investment funds is dumping its shares in Duke Energy Corp. because it sees too much risk in what it called the largest U.S. electric company's history of environmental damage, the fund's managers announced Wednesday.
Norway Fund Can't Invest In Duke Energy Due To 'severe Risk' Of Environmental Damage
2016-09-07T11:47:16.120635-04:00https://www.thetrustedinsight.com/investment-news/norway-fund-cant-invest-in-duke-energy-due-to-severe-risk-of-environmental-damage-20160907757/
Norway's $900-billion wealth fund, the world's largest, can no longer invest in Duke Energy, the biggest U.S. power company by generation capacity, and its subsidiaries, the board of the Norwegian central bank said on Wednesday.
Work Halted On Pipeline That Enbridge Spent $1.5B To Buy Into
2016-08-19T13:15:10.713421-04:00https://www.thetrustedinsight.com/investment-news/work-halted-on-pipeline-that-enbridge-spent-15b-to-buy-into-20160819953/
Developers have halted work on part of a major pipeline project in North Dakota that Enbridge Inc. recently announced it would spend US$1.5 billion to buy into. The US$3.7-billion Dakota Access Pipeline is set to run through four states and has faced protests and opposition over concerns about environmental impacts.
Renewable Energy Storage Could Be Worth $90B Per Year
2016-08-16T11:35:06.112953-04:00https://www.thetrustedinsight.com/investment-news/renewable-energy-storage-could-be-worth-90b-per-year-20160816723/
Renewable energy technology has been split into two camps since it became a reality around the turn of the century.
Contura Acquires Alpha Natural Resources' Assets As It Emerges From Chapter 11
2016-08-05T12:17:48.192810-04:00https://www.thetrustedinsight.com/investment-news/contura-acquires-alpha-natural-resources-assets-as-it-emerges-from-chapter-11-20160805145/
Kensington PE Fund Invests In White Swan, Providence And Trivest Funds
2016-07-29T10:47:41.432812-04:00https://www.thetrustedinsight.com/investment-news/kensington-pe-fund-invests-in-white-swan-providence-and-trivest-funds-20160729768/
<span style="line-height: 20.8px;">Kensington Private Equity Fund</span><span style="line-height: 20.8px;">, managed by </span><span style="line-height: 20.8px;">Kensington Capital Partners</span><span style="line-height: 20.8px;">, has made three new investments. The fund invested in </span><span style="line-height: 20.8px;">White Swan Environmental Ltd</span><span style="line-height: 20.8px;">, a Calgary-based provider of oilfield waste management services in Alberta. </span>
Troubled Kentucky State Pension Holds Bankrupt Coal Firm Shares
2016-07-28T12:13:42.607890-04:00https://www.thetrustedinsight.com/investment-news/troubled-kentucky-state-pension-holds-bankrupt-coal-firm-shares-20160728688/
Kentucky’s pension plan for state employees and retirees in nonhazardous positions—the most poorly funded state plan in the U.S.—still has holdings in worthless and declining thermal coal stocks.
The plan's continued holding in thermal coal stocks comes at a time when many pension funds for states and municipalities are preparing to dump their investments in coal.
Warburg Pincus To Buy Stake In Hygiena
2016-07-20T11:52:36.728933-04:00https://www.thetrustedinsight.com/investment-news/warburg-pincus-to-buy-stake-in-hygiena-20160720276/
Warburg Pincus LLC has agreed to invest in U.S. environmental testing and sanitation company Hygiena LLC.
CalSTRS Commits $2.5B To Low-Carbon Investments
2016-07-18T11:12:37.293110-04:00https://www.thetrustedinsight.com/investment-news/calstrs-commits-25b-to-low-carbon-investments-20160718080/
CalSTRS committed up to $2.5 billion this week to low-carbon investments in the United States and overseas.
CalSTRS OKs $2.5B Commitment To Low-Carbon Index
2016-07-15T11:05:12.283224-04:00https://www.thetrustedinsight.com/investment-news/calstrs-oks-25b-commitment-to-low-carbon-index-20160715024/
CalSTRS' investment committee on Thursday approved allocating $2.5 billion of its equity portfolio to a low-carbon index strategy.
Northeastern To Invest $25 Million Of Endowment Funds In Environmental Sustainability
2016-07-12T12:22:25.345417-04:00https://www.thetrustedinsight.com/investment-news/northeastern-to-invest-25-million-of-endowment-funds-in-environmental-sustainability-20160712846/
The university will direct $25 million of its endowment to investments with a focus on sustainability, including clean energy, renewables, green building, and sustainable water and agricul...
Oil, Gas, Coal Revenues To Plunge By $33T
2016-07-11T15:34:21.190849-04:00https://www.thetrustedinsight.com/investment-news/oil-gas-coal-revenues-to-plunge-by-33t-20160711784/
The fossil fuel industry risks losing $33 trillion in revenue over the next 25 years as global warming may drive companies to leave oil, natural gas and coal in the ground, according to a Barclays Plc energy analyst.
Government regulations and other efforts to cut carbon emissions will inevitably slash demand for fossil fuels, jeopardizing traditional energy producers, Mark Lewis, Barclays’s head of European utilities equity research, said Monday during a panel discussion in New York on financial risks from climate change.
His comments are part of a growing chorus calling for more transparency from oil and gas companies about how their balance sheets may be affected by the global shift away from fossil fuels. As governments adopt stricter environmental policies, there’s increasing risk that companies’ untapped deposits of oil, gas and coal may go unused, turning valuable reserves into stranded assets of questionable value.
Massachusetts Energy Bill Pushes For More Wind Power
2016-06-29T13:30:11.472937-04:00https://www.thetrustedinsight.com/investment-news/massachusetts-energy-bill-pushes-for-more-wind-power-20160629282/
Last Friday, the Senate Committee on Ways and Means released its version of the energy bill that passed the House earlier this month. Whereas the House bill would require distribution companies to procure 1,200 MW of offshore wind power by 2027 and...By: Foley Hoag LLP - Environmental Law
Luisa Beltran Wrote A New Post, KKR Invests In Resource Environmental Solutions, On The Site PE HUB
2016-06-27T14:55:35.874233-04:00https://www.thetrustedinsight.com/investment-news/luisa-beltran-wrote-a-new-post-kkr-invests-in-resource-environmental-solutions-on-the-site-pe-hub-20160627111/
KKR is investing in Resource Environmental Solutions LLC (RES). Financial terms weren’t announced. RES provides ecological solutions in the United States.
Silicon Valley Housing Market Hit as Chinese Money “Dried up”
2016-06-04T13:52:02.117165-04:00https://www.thetrustedinsight.com/investment-news/silicon-valley-housing-market-hit-as-chinese-money-dried-up-20160604880/
Money from Chinese investors “has dried up,” a residential real-estate broker in San Francisco told me a few days ago, as he was fretting about the local housing market. It’s a result of the crackdow...
Fossil Fuel Divestment Costs Endowments Billions
2016-06-02T12:15:14.253007-04:00https://www.thetrustedinsight.com/investment-news/fossil-fuel-divestment-costs-endowments-billions-20160602711/
The “Frictional Costs Of Fossil Fuel Divestment” report, authored by Prof. Bessembinder of the W.P. Carey School of Business at Arizona State University, looks at the financial impacts of divestment ...
Solar Cell Market Is Expected To Reach Over 1,087.0 GW By 2022
2016-05-23T13:20:10.391443-04:00https://www.thetrustedinsight.com/investment-news/solar-cell-market-is-expected-to-reach-over-10870-gw-by-2022-20160523065/
Global solar cell industry is expected to reach over 1,087.0 GW by 2022 owing to increasing demand for electricity coupled with rising consumer awareness regarding environmental benefits of renewable energy sources.
Eric & Wendy Schmidt Family Office Buys Property For New Headquarters
2016-05-16T11:28:32.455531-04:00https://www.thetrustedinsight.com/investment-news/eric-wendy-schmidt-family-office-buys-property-for-new-headquarters-20160516586/
When complete, the project will house the Schmidts’ sprawling network of charitable endeavors — such as the Schmidt Family Foundation and Schmidt Ocean Institute — its Fund for Strategic Innovation and the family office itself, Hillspire. Those entities are currently spread out in Palo Alto and elsewhere in Menlo Park.
France Studying Possible Ban On Import Of US Shale Gas
2016-05-11T12:00:12.539500-04:00https://www.thetrustedinsight.com/investment-news/france-studying-possible-ban-on-import-of-us-shale-gas-20160511285/
French Energy Minister Segolene Royal is investigating legal means to ban the import of shale gas from the United States because France has banned shale gas exploration using hydraulic fracking for environmental reasons.
EPA Chief: US Quickly Phasing Out Coal For Clean Energy
2016-05-09T15:50:07.647181-04:00https://www.thetrustedinsight.com/investment-news/epa-chief-us-quickly-phasing-out-coal-for-clean-energy-20160509146/
The top official at the Environmental Protection Agency says the ongoing legal fight over regulating carbon emissions from coal-fired power plants is not delaying the nation's accelerating shift to cleaner sources of energy.
World's Rich Families Are Putting Private Equity Firms On Notice
2016-05-09T14:54:08.637031-04:00https://www.thetrustedinsight.com/investment-news/worlds-rich-families-are-putting-private-equity-firms-on-notice-2-20160509138/
J.B. Pritzker, seen here on October 22, 2015, and his wealthy family are among a number of rich families taking on private equity companies with their own money....
Wealthy Families Have $4 Trillion Up For Grabs
2016-05-09T14:52:48.582593-04:00https://www.thetrustedinsight.com/investment-news/wealthy-families-have-4-trillion-up-for-grabs-20160509137/
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world....
Here's What It Would Take For The US To Run On 100% Renewable Energy
2016-05-04T13:50:07.285921-04:00https://www.thetrustedinsight.com/investment-news/heres-what-it-would-take-for-the-us-to-run-on-100-renewable-energy-20160504801/
It is technically and economically feasible to run the US economy entirely on renewable energy, and to do so by 2050. That is the conclusion of a study last year in the journal Energy & Environmental Science, authored by Stanford scholar Mark Z. Jacobson and nine colleagues.
BHP And Vale Sued For $43B Over Brazilian Mine Tragedy
2016-05-04T12:25:06.776137-04:00https://www.thetrustedinsight.com/investment-news/bhp-and-vale-sued-for-43b-over-brazilian-mine-tragedy-20160504782/
Brazilian prosecutors have filed a US$43.4 billion lawsuit against mining giants BHP Billiton and Vale over last year's Samarco mine dam burst that killed 19 and wreaked environmental havoc
Australian Government Has Introduced A $50B Infrastructure Plan
2016-05-03T10:50:22.848919-04:00https://www.thetrustedinsight.com/investment-news/australian-government-has-introduced-a-50b-infrastructure-plan-20160503657/
The federal government plans a record $50 billion in infrastructure spending up to 2019-20. There are currently 100 major projects under construction and 80 in the pre-construction stage involving design and planning works, procurement, geotechnical reviews, environmental assessments and land clearing.
Petronas Canada LNG Project Chief Sees Investment Decision In Months
2016-04-29T18:50:07.241951-04:00https://www.thetrustedinsight.com/investment-news/petronas-canada-lng-project-chief-sees-investment-decision-in-months-20160429486/
PETRONAS and its partners hope to make a final decision within months on whether to build what could be Canada's first liquefied natural gas export project, though further delays to the environmental review could push that timeline back.
Stanford Board Votes Not To Divest From Fossil Fuels Despite Protests
2016-04-29T11:27:57.740324-04:00https://www.thetrustedinsight.com/investment-news/stanford-board-votes-not-to-divest-from-fossil-fuels-despite-protests-20160429447/
<p style="line-height: 20.8px;">Stanford University’s board of trustees has voted not to divest from fossil fuels in a move that has drawn widespread criticisms from students and environmental groups as other colleges across the US have pledged to end oil and gas investments <a data-component="in-body-link" data-link-name="in body link" href="http://www.theguardian.com/us-news/2015/nov/17/stanford-students-begin-indefinite-sit-in-over-fossil-fuel-divestment">in response to campus protests</a>.</p>
Blow To Shale Gas Producers As New York Blocks Pipeline Permit
2016-04-25T14:48:00.498355-04:00https://www.thetrustedinsight.com/investment-news/blow-to-shale-gas-producers-as-new-york-blocks-pipeline-permit-20160425203/
New York environmental regulators have rejected a critical permit needed for a major natural gas pipeline project, saying the project fails to meet standards that protect hundreds of streams, wetlands and other water resources in its path.
China’s Coal Power Stations Face ‘Rebalancing’ In Market Slowdown
2016-04-18T15:40:21.358405-04:00https://www.thetrustedinsight.com/investment-news/chinas-coal-power-stations-face-rebalancing-in-market-slowdown-20160418000/
China’s coal-fired power generation sector is set to enter an era of “significant rebalancing” in the years ahead amid slow demand growth, capacity oversupply, tightening environmental regulations and policies that promote competition among generators.
Queensland Bans Underground Coal Gasification, Following Linc Energy Administration
2016-04-18T15:18:05.659899-04:00https://www.thetrustedinsight.com/investment-news/queensland-bans-underground-coal-gasification-following-linc-energy-administration-20160418985/
The Queensland government has immediately banned underground coal gasification in the state, arguing the environmental risks outweigh economic benefits.
A Top Hedge Fund Manager That's Too Hot For Some To Handle
2016-04-14T15:36:48.240585-04:00https://www.thetrustedinsight.com/investment-news/a-top-hedge-fund-manager-thats-too-hot-for-some-to-handle-20160414919/
Starting around 2010, hedge fund manager Platinum Partners lent the reseller of electricity and natural gas tens of millions of dollars, and then took at least a 20 percent equity stake in the fast-g...
Despite 'Divestment,' Vermont Pension Fund Still Generating Returns Off Tobacco Stocks
2016-04-14T10:41:02.170765-04:00https://www.thetrustedinsight.com/investment-news/despite-divestment-vermont-pension-fund-still-generating-returns-off-tobacco-stocks-20160414910/
Gov. Peter Shumlin joined with environmental advocates earlier this year in calling for the state pension fund to unload its stocks in coal companies and Exxon-Mobil. But it turns out that the $4 bil...
Colleges Secretive About Endowment Investments
2016-03-22T11:19:14.887994-04:00https://www.thetrustedinsight.com/investment-news/colleges-secretive-about-endowment-investments-20160322997/
The movement includes federal lawmakers who are questioning whether to tax colleges on investment profits that can amount to billions of dollars a year. Many students and alumni are making inquiries ...
Petronas' Gas Project Faces Further Delays From Justin Trudeau's Cabinet
2016-03-21T10:00:16.512648-04:00https://www.thetrustedinsight.com/investment-news/petronas-gas-project-faces-further-delays-from-justin-trudeaus-cabinet-20160321910/
PETRONAS' proposal to build a LNG terminal on Canada's Pacific Coast faces further delay as the minister responsible prepares to declare it will likely have a significant environmental impact, according to people familiar with the matter.
EPA Cracks Down On Methane Emissions From Oil And Gas Wells
2016-03-18T13:30:22.201394-04:00https://www.thetrustedinsight.com/investment-news/epa-cracks-down-on-methane-emissions-from-oil-and-gas-wells-20160318797/
A well is drilled at an Apache Energy site in the Permian Basin in Midland, Texas, Feb. 14, 2012. (Jim Wilson/The New York Times) The U.S. Environmental Protection Agency is expanding its crackdown on methane emissions from oil and natural gas drilling to all existing wells
JPMorgan Moves To Divest From Coal (Well, Partly...)
2016-03-17T12:00:17.621365-04:00https://www.thetrustedinsight.com/investment-news/jpmorgan-moves-to-divest-from-coal-well-partly-20160317693/
The company's move is part of a broader divestment campaign led by environmental groups looking to move the global economy beyond fossil fuels.
PolyMet's Copper-Nickel Mine In Minnesota Gets Environmental Approval
2016-03-14T14:30:33.586005-04:00https://www.thetrustedinsight.com/investment-news/polymets-copper-nickel-mine-in-minnesota-gets-environmental-approval-20160314518/
A plan for Minnesota's first copper-nickel mine passed a major milestone Thursday with the Department of Natural Resources approving the project's final environmental review, meaning the company can now start pursuing the long list of permits it needs to move forward.
Quebec To Seek Injunction Against Energy East Pipeline Project
2016-03-12T16:30:22.818718-05:00https://www.thetrustedinsight.com/investment-news/quebec-to-seek-injunction-against-energy-east-pipeline-project-20160312438/
Environment Minister David Heurtel says he wants the $15.7B project to be subject to the province's environmental regulations The post Quebec to seek injunction against Energy East pipeline project appeared first on Macleans.ca.
Washington Ponders First Carbon Emissions Tax In US
2016-03-11T15:00:15.632205-05:00https://www.thetrustedinsight.com/investment-news/washington-ponders-first-carbon-emissions-tax-in-us-20160311388/
<span style="line-height: 20.8px;">A ballot measure before the state Legislature would create a carbon tax of $25 per metric ton of fossil fuel emissions burned in Washington, while reducing taxes.</span>
KKR Invests In Indian Recycling
2016-03-11T13:30:13.560657-05:00https://www.thetrustedinsight.com/investment-news/kkr-invests-in-indian-recycling-20160311381/
<span style="line-height: 20.8px;">Impact Investment Exchange (IIX), Shujog, and global investment firm KKR assisted Banyan Nation (“Banyan”) in raising US$800,000 in their first fund raise. </span>
The Stuff Of Nightmares: New Plastic-Eating Bacteria Has Been Discovered
2016-03-11T11:39:34.912094-05:00https://www.thetrustedinsight.com/investment-news/the-stuff-of-nightmares-new-plastic-eating-bacteria-has-been-discovered-20160311369/
Japanese scientists have discovered a new bacteria that eats plastic, offering hope that unwanted bottles and bags can be disposed of in a new way.
Insight: In Slump, Oil Firms Turn To Labs, Data Centers For Help
2016-03-09T12:30:15.981093-05:00https://www.thetrustedinsight.com/investment-news/insight-in-slump-oil-firms-turn-to-labs-data-centers-for-help-20160309236/
In a basement lab of a North Dakota research center, Beth Kurz and an assistant are peering through a scanning electron microscope, studying samples from the state's vast Bakken shale oil formation.
CalSTRS And CalPERS To Sue VW Over Diesel Scandal
2016-03-08T11:14:31.148850-05:00https://www.thetrustedinsight.com/investment-news/calstrs-and-calpers-to-sue-vw-over-diesel-scandal-20160308148/
This March 14, 2013, photo shows Martin Winterkorn, then-CEO of German carmaker Volkswagen, at the company's annual meeting in Wolfsburg. Volkswagen said on March 3 that the former CEO may have been ...
Top Portfolio Products: Funds Target The Environment, Bitcoin And Dividends
2016-03-07T17:15:09.607986-05:00https://www.thetrustedinsight.com/investment-news/top-portfolio-products-funds-target-the-environment-bitcoin-and-dividends-20160307108/
<h3 itemprop="description">Hartford Funds launched its Environmental Opportunities Fund; Genesis Mining introduces bitcoin fund.</h3>
HSBC Hedge Weekly List Puts Market Environments On Display
2016-03-07T13:30:13.277116-05:00https://www.thetrustedinsight.com/investment-news/hsbc-hedge-weekly-list-puts-market-environments-on-display-20160307082/
When 17 of 20 hedge funds on the HSBC Hedge Weekly performance weekly are managed futures CTAs or quantitative investment funds, a market environmental factor is likely in play. But savvy investors must understand that market beta gives it and takes it away, which is where alpha in terms of risk management begins to appear. On Wall Street, alpha is most often attributed to delivering oversized wins. But in certain quarters, a master hedge fund manager is defined by how the strategy navigates during negative market environments. This investment thesis is often discussed deep inside the regulated derivatives industry and...
OPIC Leads $5M Financing In Greenlight Planet
2016-03-06T12:00:11.961558-05:00https://www.thetrustedinsight.com/investment-news/opic-leads-5m-financing-in-greenlight-planet-20160306031/
This is the 3rd round of funding for Greenlight Planet. Previously, they received their seed funding from Mr. Prabhat Sinha, a co-founder of ZS Associates, followed by a Series A funding led by Bamboo finance and a recent Series B funding from Fidelity Investments.
Ecosystem Investment Partners Closes Fund III Above $200M Target
2016-03-05T15:30:19.899883-05:00https://www.thetrustedinsight.com/investment-news/ecosystem-investment-partners-closes-fund-iii-above-200m-target-20160305006/
Baltimore private equity firm Ecosystem Investment Partners (EIP) announced on Tuesday that they closed its third fund at $303 million, overriding its target of $200 million. With such amount of equity capital commitments, Monument Group Inc. is to serve again as exclusive placement agent.
Andrew Chung Has Built New $200M VC Fund To Invest In China
2016-03-01T15:30:19.629592-05:00https://www.thetrustedinsight.com/investment-news/andrew-chung-has-built-new-200m-vc-fund-to-invest-in-china-20160301774/
Andrew Chung is thinking big. He just closed on one of the largest first-time independent venture funds -- with $200 million "in the bank" for the recently formed 1955 Capital. Chung was most recently a partner at Khosla Ventures. Before that, he was at Lightspeed Ventures. Launched in the fall of last year, the team at 1955 Capital currently consists of just Andrew Chung.
Goldman To Turn Its Hedge Fund Research Into An ETF
2016-02-28T11:00:18.919210-05:00https://www.thetrustedinsight.com/investment-news/goldman-to-turn-its-hedge-fund-research-into-an-etf-20160228642/
A new frontier for ETFs?
Canadian Torys’ Private Equity In Focus In 2016: In The Markets
2016-02-28T09:00:11.687380-05:00https://www.thetrustedinsight.com/investment-news/canadian-torys-private-equity-in-focus-in-2016-in-the-markets-20160228633/
Sell-side activity dominated Canadian private equity deal-making in 2015. Despite the slight decline in domestic M&A deal volume involving a financial buyer or seller, PE investors continued to seize on favourable market conditions to exit their investments.
ZeaKal Closes $5.3M Series B
2016-02-26T16:30:18.191601-05:00https://www.thetrustedinsight.com/investment-news/zeakal-closes-53m-series-b-20160226584/
iotechnology startup focused on improving agricultural productivity, today announced a $5.3 million Series B financing round.
Andrew Chung's 1955 Capital Launches With First Close Of $200M
2016-02-26T10:36:16.539980-05:00https://www.thetrustedinsight.com/investment-news/andrew-chungs-1955-capital-launches-with-first-close-of-200m-20160226540/
1955 Capital announced the launch of its venture capital firm with an initial close on $200 million in anchor commitments, exceeding its initial target and making it one of the largest first-time independent venture firm launches in recent years.
First-Ever US Shale Gas Export To Hit Brazil's Shores With Sabine Pass LNG Shipment
2016-02-25T12:03:30.667134-05:00https://www.thetrustedinsight.com/investment-news/first-ever-us-shale-gas-export-to-hit-brazils-shores-with-sabine-pass-lng-shipment-20160225493/
Petroleo Brasileiro SA, Brazil’s state-owned energy giant, is scheduled to receive the first cargo of U.S. liquefied natural gas (LNG), Bloomberg reported. The Brazilian company reached an agreement Monday with Cheniere Energy Inc., a Houston energy company, according to a Bloomberg source who asked not to be identified because the information isn’t yet public.
First Property Extends UK Real Estate Fund With Pension-fund Backing
2016-02-25T11:37:29.304193-05:00https://www.thetrustedinsight.com/investment-news/first-property-extends-uk-real-estate-fund-with-pension-fund-backing-20160225486/
<p>First Property has extended a UK property fund specialising in small real estate assets until 2022. The property fund manager said limited partners in its UK Pension Property Portfolio vehicle agreed to extend the fund’s life by five years.</p>
Lone Star Seeks $5B For Fifth Fund With European Focus
2016-02-25T10:16:05.465899-05:00https://www.thetrustedinsight.com/investment-news/lone-star-seeks-5b-for-fifth-fund-with-european-focus-20160225476/
The US headquarted private equity firm will invest 80% of capital raised for its Real Estate Fund V in Europe and will target net returns of 20%, according to sources familiar with the matter.
Macquarie Raises $3.1B For Infrastructure Strategy
2016-02-24T14:47:24.149867-05:00https://www.thetrustedinsight.com/investment-news/macquarie-raises-31b-for-infrastructure-strategy-20160224449/
Macquarie Asian Infrastructure Fund (MAIF) has broken its target by more than 50%, raising a total of $3.1bn (€2.8bn) in its final close.
Virginia Retirement Sets Aside $125M For Farming Fund
2016-02-24T12:30:18.035762-05:00https://www.thetrustedinsight.com/investment-news/virginia-retirement-sets-aside-125m-for-farming-fund-20160224436/
The Virginia Retirement System (VRS) has established a new relationship with International Farming Corporation with a $125m (€112m) commitment, backing the manager’s US Farming Realty Trust III.
Torys’ Private Equity In Focus In 2016: In The Markets
2016-02-24T12:00:20.650655-05:00https://www.thetrustedinsight.com/investment-news/torys-private-equity-in-focus-in-2016-in-the-markets-20160224434/
Sell-side activity dominated Canadian private equity deal-making in 2015. Despite the slight decline in domestic M&A deal volume involving a financial buyer or seller, PE investors continued to seize on favourable market conditions to exit their investments. Over 60 percent of transactions in 2015 involved sell-side activity, which is in line with trends reported in 2014. Many Canadian businesses are being sold to strategic buyers. In 2015, strategic sales accounted for the majority of private equity exits, representing 58 percent of domestic M&A transactions involving financial players. On the rise since 2013, acquisitions continue to appeal to strategics as a way to...
Real Estate Spezialfonds Returns Hit By 'vintage Effect'
2016-02-24T10:03:48.049207-05:00https://www.thetrustedinsight.com/investment-news/real-estate-spezialfonds-returns-hit-by-vintage-effect-20160224420/
<p>German real estate Spezialfonds achieved their best annual performance since 2009, according to the MSCI SFIX index, returning 3.4%. But analysis by MSCI shows that the gap between the best and worst performing funds is widening.</p>
San Francisco Employees Invests $50M In Brazil Real Estate Fund
2016-02-23T15:30:21.413044-05:00https://www.thetrustedinsight.com/investment-news/san-francisco-employees-invests-50m-in-brazil-real-estate-fund-20160223388/
US pension fund backs HSI in Latin America
Goldman Sachs To Turn Its Hedge Fund Research Into An ETF
2016-02-23T15:00:21.462582-05:00https://www.thetrustedinsight.com/investment-news/goldman-sachs-to-turn-its-hedge-fund-research-into-an-etf-20160223382/
The research report—and the ETF—tracks the 50 companies that matter most to fundamentally driven hedge funds as found in their 13F filings. A 13F is a quarterly holdings report required for any hedge fund company with over $100 million invested in U.S. equities. The ETF would mark the first time a Wall Street bank uses its own research report as the basis for an ETF. While this isn’t Goldman’s own investment calls per se,...
Ilmarinen Acquires German Property In Joint Venture With Amundi
2016-02-23T15:00:13.805909-05:00https://www.thetrustedinsight.com/investment-news/ilmarinen-acquires-german-property-in-joint-venture-with-amundi-20160223381/
<p>Ilmarinen has invested in an office property in Frankfurt in a 50/50 joint venture with Amundi. The Finnish investor is co-investing with an open-ended real estate fund managed by Amundi Real Estate.</p>
Asia Pacific To Generate $1B In Real Estate Secondaries
2016-02-23T14:30:13.218243-05:00https://www.thetrustedinsight.com/investment-news/asia-pacific-to-generate-1b-in-real-estate-secondaries-20160223379/
A crop of real estate funds launched in the mid-2000s are set to come to an end over the next two to three years, creating a $1bn (€900m) pipeline of secondary market trading opportunities, Bastian Wolff, head of Asia Pacific property, told IPE Real Estate.
Alaska Permanent Invests In Portugal With CBRE Global Investors
2016-02-23T14:00:12.167093-05:00https://www.thetrustedinsight.com/investment-news/alaska-permanent-invests-in-portugal-with-cbre-global-investors-20160223372/
<p style="line-height: 18.9091px;">The Alaska Permanent Fund is investing in a retail asset in Portugal. CBRE Global Investors, which is advising the US pension fund, said it acquired 50% of the Alegro Setúbal shopping centre from owner Immochan</p>