Trusted Insighthttp://thetrustedinsight.com/2020-06-19T16:15:53.662004-04:00Trusted 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.
Trusted Insight Digital Conference Closing Remarks!
2020-06-19T16:15:53.662004-04:00https://www.thetrustedinsight.com/investment-news/trusted-insight-digital-conference-closing-remarks-20200619975/
At the end of our first-ever digital conference, two of our Advisory Board Members shared a brief recap and closing remarks of the very special event. A huge thank you to Bob Jacksha, Chief Investment Officer at New Mexico Educational Retirement Board, and Samuel Gallo, Chief Investment Officer at the University System of Maryland Foundation, who joined Alex Bangash and Trang Nguyen.
New Mexico To Funnel More Investments To In-State Startups
2019-11-28T07:47:35.944205-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-to-funnel-more-investments-to-in-state-startups-20191128770/
New Mexico will be investing more money in state-based businesses and startup companies as it attempts to spur development and diversify the economy.
New Mexico To Invest More In Local Businesses, Startups
2019-11-27T11:11:26.285278-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-to-invest-more-in-local-businesses-startups-20191127694/
The State Investment Council voted to adopt recommendations that will target a greater number of commitments to New Mexico and nationally-based venture capital firms actively investing in the state.
Institutions Shift Assets Into Smart Beta
2017-11-27T13:51:59.445746-05:00https://www.thetrustedinsight.com/investment-news/institutions-shift-assets-into-smart-beta-20171127049/
When the New Mexico State Investment Council decided earlier this year to replace two large-cap active fund managers with smart beta mandates worth a total of $2.1 billion, it was following in the footsteps of many other institutional investors.
Structuring A Diversified Real Assets Portfolio
2017-08-15T11:08:54.869066-04:00https://www.thetrustedinsight.com/investment-news/structuring-a-diversified-real-assets-portfolio-20170815464/
Mark Canavan joined New Mexico Educational Retirement Board in Mark Canavan joined New Mexico Educational Retirement Board in December 2007 to lead the pension plan’s real estate portfolio. Seeing the onset of a financial crisis, Canavan instead made his first allocation in infrastructure, which saved the plan from deadly losses during the 2008 Financial Crisis. Since then, he has built out the real assets portfolio for NMERB with diversified exposure in various assets. In this presentation, Canavan discusses opportunities within these sub-categories — energy, timber and agriculture, and mitigation banking.<br />
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Canavan spoke at Trusted Insight’s Alpha Conference in San Francisco on Jun. 14, 2017. <a href="https://www.youtube.com/channel/UCcpTHXv2cwIJShtph__j-zQ">Click here</a> to see more videos of Trusted Insight.
New Mexico State Readies $200M And Could Raise Real Estate Allocation
2017-06-30T12:10:42.238895-04:00https://www.thetrustedinsight.com/investment-news/new-mexico-state-readies-200m-and-could-raise-real-estate-allocation-20170630763/
<p>New Mexico State Investment Council plans to invest $200m (€175m) in non-core real estate this year and could increase its target allocation.</p>
<p>Vince Smith, deputy state investment officer for New Mexico, said the sovereign wealth fund plans to commit the capital to commingled funds over the next six months.</p>
PSP Investments Buys Majority Stake In Australia’s Stahmann Farms
2017-06-26T13:57:19.297690-04:00https://www.thetrustedinsight.com/investment-news/psp-investments-buys-majority-stake-in-australias-stahmann-farms-20170626621/
Public Sector Pension Investment Board (PSP Investments) has acquired a majority interest in Stahmann Farms Enterprises, an Australian grower, processor and marketer of pecans. No financial terms were disclosed. Based in Toowoomba, Queensland, Stahmann Farms was founded in 1971 as an Australian branch of the Stahmann family pecan farm originally established in New Mexico in 1932. It has been independent since its spin-off in 2006. Stahmann Farms said it will use its partnership with the Canadian pension fund to help increase production capacity and improve processing facilities in New South Wales and Queensland.
BP Sees Early Promise, Growing Investment In Mexico Energy
2017-05-18T17:11:04.122083-04:00https://www.thetrustedinsight.com/investment-news/bp-sees-early-promise-growing-investment-in-mexico-energy-20170518658/
BP's first foray into Mexico's recently opened energy market is proving more promising than expected, the oil major's Mexico boss said in an interview.
Mazatlan Mexico Seeing Surge In Real Estate Demand From US & Canadian Markets
2017-05-11T11:11:04.862950-04:00https://www.thetrustedinsight.com/investment-news/mazatlan-mexico-seeing-surge-in-real-estate-demand-from-us-canadian-markets-20170511404/
There is also no other Mexican destination that features Mazatlan's expansive Centro Historico area featuring 18th century architecture, an opera house, art galleries, live music and a variety of unique restaurants situated alongside beautiful tree and flower-laden plazas and patios
Natural Gas Exports Can Solve U.S. Energy Glut
2017-05-09T10:51:06.007384-04:00https://www.thetrustedinsight.com/investment-news/natural-gas-exports-can-solve-us-energy-glut-20170509305/
Despite a glut of natural gas, demand is rising -- mainly in the power-generation sector, but also for pipeline exports to Mexico and the huge ongoing switch away from coal-fired generation to gas-for-power.
New Mexico PERA Searches For Liquid Real Assets Specialists
2017-05-03T16:19:37.316810-04:00https://www.thetrustedinsight.com/investment-news/new-mexico-pera-searches-for-liquid-real-assets-specialists-20170503131/
<p>Public Employees Retirement Association of New Mexico is looking for investment managers to run a diversified portfolio of liquid securities backed by or related to tangible real assets.</p>
New Mexico State Joins Macquarie's New $3.5B Infrastructure Fund
2017-05-01T16:58:52.309989-04:00https://www.thetrustedinsight.com/investment-news/new-mexico-state-joins-macquaries-new-35b-infrastructure-fund-20170501019/
New Mexico State Investment Council is investing $100m (€91.8m) in Macquarie’s latest infrastructure fund as it looks to generate double-digit returns from the asset class.
Can a Man Responsible for $5 Trillion Convince You He’s Not Powerful?
2017-04-18T16:45:56.248885-04:00https://www.thetrustedinsight.com/investment-news/can-a-man-responsible-for-5-trillion-convince-you-hes-not-powerful-20170418699/
Is $5.1 trillion enough? Not if you’re Larry Fink. The man who built BlackRock Inc. and helped popularize exchange-traded funds now has ambitions to turn the world’s largest asset manager into something more like Google. It’s all about Aladdin, the pioneering software his company developed to analyze investments. Fink sees Aladdin becoming the Android of finance and predicts technology will soon become one of the biggest of BlackRock’s businesses, with revenue approaching $5 billion in five years.
Men Bet She Would Fail; Now She Runs a $26 Billion Fund
2017-04-10T17:38:09.854667-04:00https://www.thetrustedinsight.com/investment-news/men-bet-she-would-fail-now-she-runs-a-26-billion-fund-20170410405/
Dawn Fitzpatrick manages the billions in family wealth of the investor George Soros. But she takes over at an unsettled moment for global markets....
Grupo Mexico Buys U.S. Rail Company For $2.1B
2017-03-30T15:36:35.295051-04:00https://www.thetrustedinsight.com/investment-news/grupo-mexico-buys-us-rail-company-for-21b-20170330036/
Grupo Mexico agreed to acquire Florida East Coast Railway for $2.1 billion.
Xcel Plans $1.6B Wind Farms In New Mexico, West Texas
2017-03-24T15:38:05.653318-04:00https://www.thetrustedinsight.com/investment-news/xcel-plans-16b-wind-farms-in-new-mexico-west-texas-20170324836/
Xcel Energy has announced plans to invest $1.6 billion to build wind farms in eastern New Mexico and West Texas.
New Mexico Educational To Commence Search For REIT Managers
2017-03-23T11:18:32.609714-04:00https://www.thetrustedinsight.com/investment-news/new-mexico-educational-to-commence-search-for-reit-managers-20170323795/
Investment managers specialising in real estate investment trusts (REITs) will soon be able to compete for a $259 million (€239 million) separate account run by the New Mexico Educational Retirement Board.
10 Houston Startups Helping The Local Tech Ecosystem Lift Off
2017-03-20T09:46:45.344758-04:00https://www.thetrustedinsight.com/investment-news/10-houston-startups-helping-the-local-tech-ecosystem-lift-off-20170320645/
<p>Powered by oil, research universities, cutting-edge medical, and more oil, Houston startups have a particular swagger you won’t find elsewhere. Houston was named after former General Sam Houston, the first President of the Republic of Texas. Much like the man, the city is huge, sprawling, boisterous, contradictory, and somewhat crude at times.</p>
<p>The largest city in Texas and the fourth-largest in America, Houston leveraged their port on the Gulf of Mexico into a railroad powerhouse, primarily used to ship cotton, bringing business and settlers. When oil was found in Texas, refineries started in Houston, and now the area is one of the most concentrated oil producing areas in the world.</p>
<p>More Fortune 500 companies call Houston home than any other city except New York. Unlike that city to the northeast, Houston has the nickname “Space City” for all the NASA activity. Perhaps due to the port, Houston claims to be the most diverse city in the U.S. That melting pot energy, and concentration of technical expertise at NASA and several local universities, may explain the booming startup scene.</p>
New Mexico PERA Invests With Rockpoint As It Targets Core Markets
2017-03-10T11:27:52.724468-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-pera-invests-with-rockpoint-as-it-targets-core-markets-20170310341/
Public Employees Retirement Association of New Mexico has hired Rockpoint Group for the first time, committing $75 million (€71.1 million) to the Rockpoint Growth and Income Fund II.
Siemens, Gamesa Set To Gain EU Approval For Wind Power Merger
2017-03-03T16:31:04.087119-05:00https://www.thetrustedinsight.com/investment-news/siemens-gamesa-set-to-gain-eu-approval-for-wind-power-merger-20170303104/
By Foo Yun Chee | BRUSSELS BRUSSELS German engineering company Siemens and Spain's Gamesa are set to win unconditional EU antitrust approval to create the world's biggest wind turbine maker, two people familiar with the matter said on Thursday.The companies announced the deal last June, part of a recent wave of consolidation in the wind energy industry as companies seek to rein in costs and remain competitive.The merged company, with a market capitalisation of around 10 billion euros ($10.5 billion), will combine Siemens' strength in offshore windpower and Gamesa's strong presence in fast-growing markets such as India, Mexico and Brazil.It...
New Mexico PERA Shakes Up REIT Manager Lineup
2017-02-27T14:50:00.092765-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-pera-shakes-up-reit-manager-lineup-20170227911/
<p>The Public Employees Retirement Association of New Mexico has altered its REIT manager lineup involving five managers.</p>
<p>The US pension fund is ending its relationships with REIT managers LaSalle, Morgan Stanley, and BlackRock from the end of March this year.</p>
<p>New Mexico PERA has a REIT portfolio valued at $256m.</p>
<p>LaSalle oversaw a US-REIT portfolio valued at $110m, while Morgan Stanley managed a global portfolio at $100m.</p>
New Mexico Grid Linkup Plan Scaled Back To $200M Project
2017-02-17T16:40:10.568704-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-grid-linkup-plan-scaled-back-to-200m-project-1-20170217615/
ALBUQUERQUE (AP) — A company that once planned a $1.5 billion effort in New Mexico to link three major U.S. electricity grid systems and pump more renewable energy to more populated markets said Wednesday that it has scaled down the plan to one that would cost about $200 million.The Tres Amigas electrical infrastructure development company provided details about its plan a day after New Mexico's State Land Office suggested that the project was dead with the relinquishment of a long-term lease covering thousands of acres of state trust land in eastern New Mexico where the company's high-voltage transmission hub was supposed to be built.Russell Stidolph, the company's chief financial officer, said advances in technology and changes in the project's business model have reduced the amount of money and land required for the project and that Tres Amigas has identified a significantly smaller parcel as a backup site.The company's focus, he said, remains a project to connect independently operated electrical grids and move renewable energy generated in the rural reaches of eastern new Mexico to western U.S. population centers, including California."Tres Amigas is not abandoning our project," he said.
New Mexico Linkup Plan Scaled Back To $200M Project
2017-02-16T17:15:18.093365-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-grid-linkup-plan-scaled-back-to-200m-project-20170216589/
A company that once planned a $1.5 billion effort in New Mexico to link three major U.S. electricity grid systems and pump more renewable energy to more populated markets said Wednesday that it has scaled down the plan to one that would cost about $200 million.
New Mexico PERA Invests In Core Real Estate For First Time
2017-01-31T10:48:44.052548-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-pera-invests-in-core-real-estate-for-first-time-20170131002/
<p>Public Employees Retirement Association of New Mexico has begun to invest in core real estate for the first time.</p>
<p>The pension fund has entered into a joint venture with Sarofim Realty Advisors to invest $150m (€140m) in predominantly core and core-plus retail properties.</p>
<p>The investment marks a departure for New Mexico PERA, which has only ever invested in value-added and opportunistic real estate. Last year, <a href="https://realestate.ipe.com/news/investors/new-mexico-pera-backs-harrison-street-and-eyes-private-core/10014847.article">IPE Real Estate reported</a> on its plans to move into core.</p>
New Mexico PERA Invests In Cheyne Capital £500M European Real Estate Debt Fund
2017-01-31T09:41:27.354600-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-pera-invests-in-cheyne-capital-500m-european-real-estate-debt-fund-20170131992/
<p>The Public Employees Retirement Association of New Mexico approved a £72m commitment to the Cheyne Real Estate Credit Holdings Fund V vehicle at its board meeting last week.</p>
New Mexico SWF Loses Private Equity Head
2017-01-24T10:53:34.344086-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-swf-loses-private-equity-head-20170124737/
<p>The New Mexico State Investment Council’s long-time private equity chief has retired, the fund confirmed Friday.</p>
<p>Greg Kulka had been at the $20.8 billion sovereign wealth fund for 15 years. He was responsible for the fund’s private equity investments, which make up roughly 9% of the total portfolio.</p>
New Mexico State Plans To Invest More Than $190M In Real Estate
2017-01-20T14:29:25.780119-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-state-plans-to-invest-more-than-190m-in-real-estate-20170120652/
<p>The New Mexico State Investment Council is planning to issue commitments of at least $190m (€179.3m) in real estate in 2017.</p>
<p>The sovereign wealth fund has the potential to invest more capital, with flexibility depending on opportunities that the investor finds attractive in the market.</p>
<p>New Mexico State works on its real estate portfolio along with assistance from its real estate consultant, the Townsend Group.</p>
<p>New Mexico is planning to invest through funds, as it lacks the size to consider separate-account relationships.</p>
Davos: Carlyle's David Rubenstein Say Dollar Could Economic Crash
2017-01-19T13:41:41.434689-05:00https://www.thetrustedinsight.com/investment-news/davos-carlyles-david-rubenstein-say-dollar-could-economic-crash-20170119579/
At least that's what David Rubenstein, head of giant private equity firm Carlyle Group (cg) , is worried about. On Tuesday, speaking on a panel at the World Economic Forum, Rubenstein called the U.S. dollar the greatest risk to the global economy in 2017. He said it has the potential to derail the Federal Reserve, which is trying to raise interest rates, and could throw Mexico and other countries into a financial crisis.
ACON Investments Invests In Grupo GMI
2017-01-04T11:58:49.935642-05:00https://www.thetrustedinsight.com/investment-news/acon-investments-invests-in-grupo-gmi-20170104117/
ACON Investments announced today that affiliates of ACON Latin America Opportunities Fund IV, L.P., have made an investment in Controladora GMI, S.A.P.I. de C.V., the leading manufacturer and provider of modular construction solutions in Mexico and Latin America serving the aeronautical, education, housing, retail and industrial sectors.
KKR In $208.3M Financing Deal With Dentix
2016-12-15T12:51:36.867637-05:00https://www.thetrustedinsight.com/investment-news/kkr-in-2083m-financing-deal-with-dentix-20161215530/
Dentix, a leading company in the dental industry in Spain, has signed a strategic financing agreement with KKR, a leading global investment firm, who will provide €200m of long-term credit financing to the Company to boost its international expansion plan.<br />
Dentix currently operates 251 clinics in four countries (Spain, Italy, Mexico and Colombia) and has set itself the goal of opening new clinics in the next 4 years in Europe, Latin America and Asia-Pacific. In 2015, Dentix reported revenues of €258m and expects to reach €350m in revenues in 2016.<br />
Dentix entrusted BBVA, as financial advisor, with the search of the best option to finance its strong international expansion. BBVA is also one of the reference banks of the company in consumer finance.
Mysterious Hedge Fund Billionaire Offers Rare Look At Finances
2016-12-13T13:57:29.435847-05:00https://www.thetrustedinsight.com/investment-news/mysterious-hedge-fund-billionaire-offers-rare-look-at-finances-20161213420/
In Mexico, where he was born and raised, and in Italy, where his Fintech Advisory Inc. earlier this year bought a stake in the world’s oldest bank, he’s known as a “ghost investor.” He’s very active but frustratingly opaque. His hedge fund, with an office on Manhattan’s Park Avenue, doesn’t have a website.
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.
New Mexico Governor Says Tapping Permanent Fund Off Limits
2016-11-28T10:45:21.689404-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-governor-says-tapping-permanent-fund-off-limits-20161128743/
New Mexico Gov. Susana Martinez wants incoming state lawmakers to know that the state's permanent investment fund should be off limits from efforts to resolve a state budget deficit.
New Mexico Educational Backs Kildare European Property Fund
2016-11-23T14:55:08.133649-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-educational-backs-kildare-european-property-fund-20161123688/
<p class="standfirst">The New Mexico Educational Retirement Board has approved a $100m (€94.1m) commitment to Kildare’s second European fund.</p>
Illinois Pension Shouldn't Invest In Trump's Wall
2016-11-23T14:24:58.070447-05:00https://www.thetrustedinsight.com/investment-news/illinois-pension-shouldnt-invest-in-trumps-wall-20161123686/
Any companies that may end up helping build a wall on the U.S. / Mexico border would stand to lose Illinois investments, under a proposal unveiled today. The legislation would forbid the state's pen...
Investment Returns Surge At New Mexico Pension Fund
2016-11-15T13:10:46.254882-05:00https://www.thetrustedinsight.com/investment-news/investment-returns-surge-at-new-mexico-pension-fund-20161115264/
SANTA FE, N.M. (AP) - Managers of New Mexico's public retirement fund for educators say investment returns surged by 3.7 percent during the three-month period ending in September....
Renewable Energy Capacity Overtakes Coal
2016-10-25T16:14:14.923578-04:00https://www.thetrustedinsight.com/investment-news/renewable-energy-capacity-overtakes-coal-20161025224/
The International Energy Agency says that the world's capacity to generate electricity from renewable sources has now overtaken coal....
500 Startups Announces 18 New Investments In Latin America
2016-10-18T14:41:19.733081-04:00https://www.thetrustedinsight.com/investment-news/500-startups-announces-18-new-investments-in-latin-america-20161018787/
500 Startups has announced 18 new investments in Latin American startups, following their LatAm Accelerator Batch program based in Mexico City. This is the 6th batch of Latin American startups that 500 has invested in, totally 91 companies to date.
New Mexico PERA Adds $150M To Real Assets Portfolio
2016-10-07T18:25:06.868464-04:00https://www.thetrustedinsight.com/investment-news/new-mexico-pera-adds-150m-to-real-assets-portfolio-20161007345/
Pension fund backs infrastructure, agriculture funds.
Tribute Portfolio Enters New Mexico Through Santa Fe
2016-10-05T16:50:10.383462-04:00https://www.thetrustedinsight.com/investment-news/tribute-portfolio-enters-new-mexico-through-santa-fe-20161005228/
The hotel had invested $1.7 million in upgrades in 2014 to meet Starwood’s standards.
Carl Icahn Praises Freeport-Mcmoran For $2B Gulf Of Mexico Asset Sale
2016-09-14T10:54:33.968734-04:00https://www.thetrustedinsight.com/investment-news/carl-icahn-praises-freeport-mcmoran-for-2b-gulf-of-mexico-asset-sale-20160914113/
Billionaire Carl Icahn‘s Icahn Capital LP recently filed a Form 13D with the Securities and Exchange Commission on Freeport-Mcmoran Inc (NYSE:FCX) in order to report a statement issued on September 13.
Freeport To Sell U.S. Gulf Assets To Anadarko For $2B
2016-09-13T18:20:10.266060-04:00https://www.thetrustedinsight.com/investment-news/freeport-to-sell-us-gulf-assets-to-anadarko-for-2b-20160913087/
Freeport McMoRan Inc said on Monday it will sell its deepwater Gulf of Mexico oil and natural gas assets to Anadarko Petroleum Corp.
Chesapeake Gold Director On One Of The Biggest Gold Projects In The World
2016-09-13T10:32:09.867590-04:00https://www.thetrustedinsight.com/investment-news/chesapeake-gold-director-on-one-of-the-biggest-gold-projects-in-the-world-20160913022/
Daniel Kunz, Director of Chesapeake Gold Corp. (TSXV: CKG | OTCQX: CHPGF), in an interview with InvestorIntel Sr. Editor Fred Cowans discuss Chesapeake Gold’s Metates Project.
Carlyle-Owned Array Marketing Acquires Stake In Vulkan Retail
2016-09-06T15:52:09.644783-04:00https://www.thetrustedinsight.com/investment-news/carlyle-owned-array-marketing-acquires-stake-in-vulkan-retail-20160906700/
Array Marketing, which is owned by The Carlyle Group, will acquire a 50 percent stake in Vulkan Retail. No financial terms were disclosed. Based in Mexico City, Vulkan develops and produces retail spaces for top […]
Top Global Pension Fund Assets Drop For First Time Since GFC
2016-09-06T10:54:32.887421-04:00https://www.thetrustedinsight.com/investment-news/top-global-pension-fund-assets-drop-for-first-time-since-gfc-20160906683/
The world’s leading 300 pension funds’ total assets dropped by over 3% last year to a figure of US$14.8 trillion overall. However, Asia-Pacific (APAC) pensions delivered growth of about 1% during the year, according to newly-released research from Willis Towers Watson and P&I.
The analysis of the top 300 global pension funds revealed that despite recording the first drop in assets since the beginning of the 2008 global financial crisis (GFC), cumulative asset growth is almost 19% since then. The research also shows that the assets of the top six APAC funds increased by around 1% during 2015, as compared to a decrease of 2% for the top 20 funds. The six largest funds in APAC contributed to 41% of the total fund assets of the top 20 in the ranking.
Shell Sells Gulf Of Mexico Assets To EnVen Energy
2016-08-31T18:30:13.651446-04:00https://www.thetrustedinsight.com/investment-news/shell-sells-gulf-of-mexico-assets-to-enven-energy-20160831514/
Shell Offshore has announced that it will sell all of its record title interest in Gulf of Mexico Green Canyon Blocks 114, 158, 202 and 248 to EnVen Energy.
Shell To Sell Certain Gulf Of Mexico Assets To EnVen Energy
2016-08-30T14:10:09.477603-04:00https://www.thetrustedinsight.com/investment-news/shell-to-sell-certain-gulf-of-mexico-assets-to-enven-energy-20160830446/
Shell agreed to sell certain assets in the Gulf of Mexico to EnVen Energy for $425 million, plus royalty interests.
New Mexico Developer Buying Isle Of Capri Casinos Property
2016-08-24T15:45:10.825376-04:00https://www.thetrustedinsight.com/investment-news/new-mexico-developer-buying-isle-of-capri-casinos-property-20160824191/
The Isle of Capri Casinos Inc. has agreed to sell its Westlake property for about $134.5 million to a New Mexico developer. … Click to Continue »
Mexico’s Richest Man Confronts A New Foe: The State That Helped Make Him Rich
2016-08-16T14:54:15.026048-04:00https://www.thetrustedinsight.com/investment-news/mexicos-richest-man-confronts-a-new-foe-the-state-that-helped-make-him-rich-20160816756/
<span style="line-height: 20.8px;">For more than 25 years, he has dictated the terms of Mexico’s telecommunications industry and built an empire, making him one of the world’s richest men.</span>
Gold Resource Acquires High Grade Nevada Project
2016-08-16T11:30:13.015289-04:00https://www.thetrustedinsight.com/investment-news/gold-resource-acquires-high-grade-nevada-project-20160816722/
Gold Resource Corporation (NYSE:GORO) has acquired a 100% interest in the Isabella Pearl gold project in Mineral County Nevada from a private party. Isabella Pearl is known to contain proven and probable reserves of nearly 200,000 ounces of gold grading an average of 2.18 grams per tonne.
New Mexico Pension Funds Miss Targets For Returns
2016-08-11T17:24:02.361535-04:00https://www.thetrustedinsight.com/investment-news/new-mexico-pension-funds-miss-targets-for-returns-1-20160811532/
New Mexico's two major public pension funds have missed targets for investment returns for a second straight year, likely pushing up unfunded liabilities that can extend the time it takes to meet obligations to public employees if benefits and contributions remain unchanged.
Y Combinator Visiting India, Israel, Nigeria, Russia And 7 Other Countries This Fall
2016-08-11T16:44:59.120557-04:00https://www.thetrustedinsight.com/investment-news/y-combinator-visiting-india-israel-nigeria-russia-and-7-other-countries-this-fall-20160811510/
Y Combinator (YC) is packing its bags for its latest whirlwind adventure, as it gears up to visit startups and entrepreneurs around the world. The startup accelerator plans to visit 11 countries this fall, including Nigeria, Denmark, Portugal, Sweden, Germany, Russia, India (for the first time), Argentina, Chile, Mexico City, and Israel.
New Mexico Pension Funds Miss Targets For Returns
2016-08-11T11:42:03.313504-04:00https://www.thetrustedinsight.com/investment-news/new-mexico-pension-funds-miss-targets-for-returns-20160811438/
SANTA FE, N.M. (AP) -- New Mexico's two major public pension funds have missed targets for investment returns for a second straight year, likely pushing up unfunded liabilities that can extend the ti...
Mexico's Walmart Selling Retail Chain And Real Estate For $852M
2016-08-11T10:45:50.323738-04:00https://www.thetrustedinsight.com/investment-news/mexicos-walmart-selling-retail-chain-and-real-estate-for-852m-20160811427/
Wal-Mart De Mexico y Centroamerica, also known as Walmex, will sell Suburbia with its 119 stores and real estate for 15.7 billion pesos ($852 million) including debt of 1.4 billion pesos.
Public Pensions Facing Worst Returns Since Recession
2016-08-04T13:23:10.261087-04:00https://www.thetrustedinsight.com/investment-news/public-pensions-facing-worst-returns-since-recession-20160804087/
Public pension plans are reporting dismal investment returns this year, a development that will likely mean governments will have to pony up more money in the coming years....
Yamana To Sell Mexico Mine Worth $140M
2016-07-29T16:43:31.189594-04:00https://www.thetrustedinsight.com/investment-news/yamana-to-sell-mexico-mine-worth-140m-20160729805/
Yamana Gold announces plans to sell its Mercedes gold operation to junior Premier Gold Mines in a deal worth US$140mn.
New Mexico SWF Sets Aside $193M For Non-Core Real Estate In Europe
2016-07-28T13:55:06.081146-04:00https://www.thetrustedinsight.com/investment-news/new-mexico-swf-sets-aside-193m-for-non-core-real-estate-in-europe-20160728703/
Sovereign wealth fund looks to invest capital on global basis.
Mexico To Team Up With Private Firms For Deep Water Oil
2016-06-13T16:10:12.017307-04:00https://www.thetrustedinsight.com/investment-news/mexico-to-team-up-with-private-firms-for-deep-water-oil-20160613415/
In a historic first, Mexico's struggling state-run Pemex energy company will team up with private firms for a deep-water oil project, officials said Friday.
EnerGulf Buys Into Six Gulf Of Mexico Prospects
2016-06-10T13:25:09.349512-04:00https://www.thetrustedinsight.com/investment-news/energulf-buys-into-six-gulf-of-mexico-prospects-20160610304/
Oil and gas exploration company EnerGulf Resources has signed a Letter of Intent to acquire certain interests in offshore Gulf of Mexico oil and gas prospects from Texas South Energy.
CPPIB And Ontario Teachers' Pension Plan To Invest In Mexican Infrastructure Assets
2016-06-10T11:55:08.523534-04:00https://www.thetrustedinsight.com/investment-news/cppib-and-ontario-teachers-pension-plan-to-invest-in-mexican-infrastructure-assets-20160610300/
The partnership brings together one of the leading infrastructure companies in Mexico with two of the largest investment management organizations globally through an initial investment in the Arco Norte toll road
Mexico Plans Next Bidding Round For Energy Opening By End-July
2016-06-09T19:30:13.455874-04:00https://www.thetrustedinsight.com/investment-news/mexico-plans-next-bidding-round-for-energy-opening-by-end-july-20160609252/
The next bidding round in the opening of Mexico's oil and gas sector will be called by the end of July and consist of 15 shallow water blocks for exploration and extraction in the Gulf of Mexico, Energy Minister Pedro Joaquin Coldwell says.
New Mexico CIO: Don’t ‘Pander’ To Asset Managers
2016-05-26T11:31:22.086946-04:00https://www.thetrustedinsight.com/investment-news/new-mexico-cio-dont-pander-to-asset-managers-20160526337/
Investment chief Jon Grabel says public pensions should continue to be wary of investment terms that overly benefit general partners....
Mexico Bets On Investor Appetite For $44B Deepwater Oil & Gas Auction
2016-05-23T11:20:25.580393-04:00https://www.thetrustedinsight.com/investment-news/mexico-bets-on-investor-appetite-for-44b-deepwater-oil-gas-auction-20160523020/
The government of Mexico is aiming to raise at least $44 billion in foreign direct investment via its inaugural sale of deepwater oil and gas exploration rights open to overseas bidders, despite the current turmoil in the oil market.
Researchers Find Vast Helium-3 Reserve In Space
2016-05-16T09:40:09.061049-04:00https://www.thetrustedinsight.com/investment-news/researchers-find-vast-helium-3-reserve-in-space-20160516541/
A team of astronomers from the University of Manchester in collaboration with researchers from Spain and Mexico have discovered a very rare and valuable gas 4,000 light-years from Earth, the web portal Phys.org reported.
Duke Energy Begins Construction On 25MW New Mexico Solar Plant Acquisition
2016-05-11T12:15:07.576298-04:00https://www.thetrustedinsight.com/investment-news/duke-energy-begins-construction-on-25mw-new-mexico-solar-plant-acquisition-20160511289/
The U.S. utility acquired the project from Infigen Energy and expect to complete and connect the solar farm in Quay County before the end of 2016.
Developing Countries' Renewables Markets More Attractive
2016-05-10T13:05:22.728274-04:00https://www.thetrustedinsight.com/investment-news/developing-countries-renewables-markets-more-attractive-20160510213/
In an annual ranking of the 40 most attractive renewable energy markets worldwide, emerging markets such as Argentina, Brazil, China, Chile, India and Mexico represented half of the countries listed. That compares to just China and India on the list 10 years ago.
How U.S. Natural Gas Export Boom Will Boost Pipelines And LNG
2016-05-09T12:05:06.684935-04:00https://www.thetrustedinsight.com/investment-news/how-us-natural-gas-export-boom-will-boost-pipelines-and-lng-20160509092/
Increased flow, transportation and electricity projects continue to make a more robustNorth American natural gas market place. Less imports from Canada and more exports to Mexico mean that the U.S. will become a net exporter of natural gas this year or next.
New Mexico Public Employees To Exit Ackman's Pershing Square
2016-05-09T11:51:19.005043-04:00https://www.thetrustedinsight.com/investment-news/new-mexico-public-employees-to-exit-ackmans-pershing-square-20160509081/
NEW YORK (Reuters) - New Mexico's public employees are taking their final chunk of money out of billionaire investor William Ackman's hedge fund Pershing Square Capital Management, the pension fund's...
China-Mexico $1.2B PE Fund Investing In Energy Firm
2016-05-05T14:28:55.750245-04:00https://www.thetrustedinsight.com/investment-news/china-mexico-12b-pe-fund-investing-in-energy-firm-20160505919/
The investment in Citla Energy shows that Beijing is looking across continents in its quest for energy but it's still got a long way to go.
Dutch Pension Fund Withdraws €250M From Mexico Wind Farm Project
2016-04-29T15:11:02.681527-04:00https://www.thetrustedinsight.com/investment-news/dutch-pension-fund-withdraws-250m-from-mexico-wind-farm-project-20160429451/
PGGM has withdrawn its 250mn-euro financing of the Eólica del Sur wind farm in Mexico's Oaxaca state.
Chesapeake Gold's President, Randy Reifel, On One Of The World's Largest Gold, Silver And Zinc Reserves
2016-04-22T14:19:47.809757-04:00https://www.thetrustedinsight.com/investment-news/chesapeake-golds-president-randy-reifel-on-one-of-the-worlds-largest-gold-silver-and-zinc-reserves-20160422159/
April 15, 2016 -- Randy Reifel, President and Director of Chesapeake Gold Corp. (TSXV: CKG | OTCQX: CHPGF) in an interview with Tracy Weslosky, Publisher for InvestorIntel speaks about the results of the prefeasibility study, which as Hallgarten & Company Mining Strategist Christopher Ecclestone recently wrote “…has achieved the feat in shrinking its capex in a quantum leap, while maintaining its ounces and expanding its minelife.” They also discuss the Metate’s project in Western Mexico, which is one of the largest gold, silver and zinc reserves in the world.
Exxon Makes First Shipment Of Crude To Europe After Obama Lifted Export Ban
2016-04-15T10:51:59.658906-04:00https://www.thetrustedinsight.com/investment-news/exxon-makes-first-shipment-of-crude-to-europe-after-obama-lifted-export-ban-20160415927/
Exxon Mobil shipping crude from its deepwater Julia field in the Gulf of Mexico to Rotterdam refinery, marking the first export of offshore oil to leave a US port since a ban was lifted.
Mexico Solar Capacity To Surge 521% This Year, Says GTM Research
2016-04-06T17:50:16.746111-04:00https://www.thetrustedinsight.com/investment-news/mexico-solar-capacity-to-surge-521-this-year-says-gtm-research-20160406693/
Encouraging PV performance in the country's first Clean Energy Auction prompts GTM to revise its forecast; analysts now expect Mexico to add 646 MW of PV in 2016.
KKR-Backed Monterra Energy Announces Strategic Pipeline Project In Central Mexico
2016-03-31T10:46:22.969978-04:00https://www.thetrustedinsight.com/investment-news/kkr-backed-monterra-energy-announces-strategic-pipeline-project-in-central-mexico-20160331484/
<span style="color: rgb(2, 37, 68); font-family: Helvetica, 'Helvetica Neue', Arial, Geneva, sans-serif; font-size: 13.3333px; line-height: 21.3333px; text-align: justify;">Monterra Energy, a firm that received an equity commitment from KKR in May 2015, announced its plan to build a refined products pipeline in Central Mexico.</span>
Despite Weak Currency, Wealthy Mexicans Are Buying U.S. Real Estate
2016-03-30T11:36:57.918066-04:00https://www.thetrustedinsight.com/investment-news/despite-weak-currency-wealthy-mexicans-are-buying-us-real-estate-20160330422/
Mexicans spent $4.9 billion on U.S. real estate in the year through March 2015, despite Mexico's economic woes and a declining currency.
Overhauls Led To Record Year For Mexican Private Equity
2016-03-20T11:00:17.514593-04:00https://www.thetrustedinsight.com/investment-news/overhauls-led-to-record-year-for-mexican-private-equity-20160320872/
<span style="line-height: 20.8px;">Excitement over structural reforms led to a record year for Mexican private equity for 2015, with funds raising roughly $8 billion--nearly double what they raised in 2014--to invest in infrastructure, real estate and other promising sectors, said the leader of Mexico's private equity association.</span>
Beckmann Family May Go Public With Jose Cuervo, World’s Biggest Tequila Producer
2016-03-17T12:14:50.293832-04:00https://www.thetrustedinsight.com/investment-news/beckmann-family-may-go-public-with-jose-cuervo-worlds-biggest-tequila-producer-20160317699/
Jose Cuervo, the world’s largest producer of tequila, has approached banks to discuss a possible initial public offering (IPO) in Mexico, according to reports. The Mexico City-based company, owned by the Beckmann family, may sell its shares in late 2016 or early 2017, Bloomberg reported, citing unidentified sources.
Gulf Of Mexico Pumping Oil Like Never Before
2016-03-14T16:50:08.909012-04:00https://www.thetrustedinsight.com/investment-news/gulf-of-mexico-pumping-oil-like-never-before-20160314534/
Despite the crash in crude prices, oil production in the Gulf of Mexico is on track to rise this year and shatter records in 2017. This new supply is set to offset declines in shale oil fields.
New Mexico Educational To Invest $160M In Real Estate
2016-03-10T14:30:57.254128-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-educational-to-invest-160m-in-real-estate-20160310330/
The New Mexico Educational Retirement Board could invest as much as $160m (€146m) in real estate during 2016. Funding will be moved out of the pension fund’s existing $300m REIT portfolio into private real estate.
Mexico City The Next Silicon Valley? How Mexicans Became Obsessed With Unicorns
2016-03-10T11:39:08.218720-05:00https://www.thetrustedinsight.com/investment-news/mexico-city-the-next-silicon-valley-how-mexicans-became-obsessed-with-unicorns-20160310297/
When Manuel Emilio Morato Mungaray started hosting hackathons in Mexico City two years ago, he wanted to persuade a generation of Mexican entrepreneurs that they could be the next Mark Zuckerberg.
Pemex Warns On Liquidity As Losses Mount
2016-03-09T14:30:21.980462-05:00https://www.thetrustedinsight.com/investment-news/pemex-warns-on-liquidity-as-losses-mount-20160309245/
<span class="s1" style="line-height: 20.8px;"><a href="http://www.ft.com/intl/cms/s/0/1ad11a30-db34-11e5-9ba8-3abc1e7247e4.htmlaxzz41YzPm2uF">Pemex,</a></span><span class="s2" style="line-height: 20.8px;"> Mexico’s state-owned energy company, saw its net loss last year almost double to 522bn pesos ($30.3bn) amid what its chief executive calls a liquidity crunch because of the <a href="http://www.ft.com/intl/topics/themes/Oil"><span class="s1">oil price collapse</span></a>.</span>
Beijing Passes New York City as Billionaire Capital of the World
2016-02-29T15:09:09.791388-05:00https://www.thetrustedinsight.com/investment-news/beijing-passes-new-york-city-as-billionaire-capital-of-the-world-20160229706/
Beijing is home to more billionaires than any other city in the world, according to a new global wealth report....
Peter Thiel Invests In Digital Marketing Platform AppCard $20M Series B Round
2016-02-29T11:04:21.645435-05:00https://www.thetrustedinsight.com/investment-news/peter-thiel-invests-in-digital-marketing-platform-appcard-20m-series-b-round-20160229683/
<a href="http://www.appcard.com/" target="_blank">AppCard</a>, a US-based digital marketing and loyalty platform, has secured $20 million in Series B Funding led by PLDT Capital — the venture capital firm of Philippine telco giant <a href="http://www.pldt.com/">PLDT</a>.
Lux Capital’s Josh Wolfe Scored A 43X Venture Return On Kurion’s $400M Acquisition
2016-02-25T16:30:18.235341-05:00https://www.thetrustedinsight.com/investment-news/lux-capitals-josh-wolfe-scored-a-43x-venture-return-on-kurions-400m-acquisition-20160225521/
<span style="line-height: 20.8px;"> Lux just scored a fund-making, record-breaking 43X return on its initial investment when Veolia acquired Kurion for approximately $400 million to provide "nuclear facility cleanup and treatment of low- and medium-level radioactive waste." Kurion was incubated by Lux Capital with investment from Firelake Capital and private investor Arthur Samberg.</span>
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.
Saudi, Russian Oil Ministers Plan Talks In Doha Tuesday
2016-02-16T09:54:09.273520-05:00https://www.thetrustedinsight.com/investment-news/saudi-russian-oil-ministers-plan-talks-in-doha-tuesday-20160216068/
Saudi Arabia’s oil minister plans to meet with his Russian counterpart in Doha on Tuesday to discuss the oil market, according to a person familiar with the talks.
Top Silver Mining CEO: Don’t Laugh, We Could See $100+ Silver
2016-02-11T10:30:12.236729-05:00https://www.thetrustedinsight.com/investment-news/top-silver-mining-ceo-dont-laugh-we-could-see-100-silver-20160211876/
Exclusive Interview with First Majestic CEO Keith Neumeyer on Metals, Mining, and Manipulation. Keith has an extensive background in the resource and finance sectors, and has been an outspoken voice about concerns that there is some level of price suppression going on in the silver futures market.
The Dark Side Of The Global Super-Rich
2016-02-01T14:31:15.608673-05:00https://www.thetrustedinsight.com/investment-news/the-dark-side-of-the-global-super-rich-20160201282/
Foreign investors buy U.S. financial assets because of faster economic growth in the U.S. and rising interest rates. Last year, foreign holdings of U.S. financial assets reached a record of over $12 trillion. However, Washington also seems to be pursuing a deliberate policy of making itself a global haven for the super-rich.
Iowa Caucuses Affect Iowa Commercial Real Estate
2016-01-28T12:00:14.726915-05:00https://www.thetrustedinsight.com/investment-news/iowa-caucuses-affect-iowa-commercial-real-estate-20160128131/
In Iowa, the stability of the commercial real estate market gets indirect and direct economic boosts from the Iowa caucuses every four years, especially in years like 2016 when the races are wide open.
WEF: Mexico To Invest US$146B In Electricity
2016-01-22T16:30:20.696424-05:00https://www.thetrustedinsight.com/investment-news/wef-mexico-to-invest-us146b-in-electricity-20160122938/
Mexico is ramping up its generation capacity using natural gas and renewables and expanding its T&D network.
Renewed Life For New Mexico Private Equity Program To Help Fuel Startups
2016-01-19T11:30:20.221792-05:00https://www.thetrustedinsight.com/investment-news/renewed-life-for-new-mexico-private-equity-program-to-help-fuel-startups-20160119717/
<span style="line-height: 20.8px;">The floodgates are not yet open, but New Mexico may finally be emerging from a six-year venture capital drought thanks to renewed vigor at the State Investment Council to embrace private equity programs.</span>
Goldman Sachs Inks Joint Mexico Energy, Infrastructure Deal
2016-01-19T10:04:10.562743-05:00https://www.thetrustedinsight.com/investment-news/goldman-sachs-inks-joint-mexico-energy-infrastructure-deal-20160119688/
The private equity arm of Goldman Sachs Group Inc has teamed up with Mexican consulting firm Ainda to jointly invest in energy and infrastructure projects in Mexico, a person familiar with the matter said.
Committed: New Mexico Anchors Seed Fund Of Funds
2016-01-15T16:39:09.020729-05:00https://www.thetrustedinsight.com/investment-news/committed-new-mexico-anchors-seed-fund-of-funds-20160115637/
<p style="line-height: 20.8px;">The New Mexico State Investment Council is planning to be the anchor investor for a roughly $20 million fund of funds that will back firms targeting early-stage and microcap businesses in the state.</p>
<p style="line-height: 20.8px;">The fund, New Mexico Catalyst Fund LP, is expected to launch by March as one of the few funds of funds focused on New Mexico startups. It will address the funding needs of fledgling companies by backing funds that support startups spawned from incubators and pushing technologies developed in universities to market.</p>
Energy Project Finance Platform Sees Mexico As Priority
2016-01-08T11:30:50.190359-05:00https://www.thetrustedinsight.com/investment-news/energy-project-finance-platform-sees-mexico-as-priority-20160108281/
Chile-based project financing startup CAAAPITAL sees Mexico as a priority market within Latin America as the country's energy reform stimulates investment in energy infrastructure.
Winter Weather 2015: Severe Storms Disrupting US Oil, Gas Production
2015-12-30T13:52:55.146146-05:00https://www.thetrustedinsight.com/investment-news/winter-weather-2015-severe-storms-disrupting-us-oil-gas-production-20151230949/
Severe winter weather this week in the central United States is disrupting the region's oil and gas production. And with frigid temperatures expected in January, energy producers may see even more weather-related hurdles in coming weeks as roads turn slick and equipment freezes, energy experts say.
Hoping For A Price Surge, Oil Companies Keep Wells In Reserve
2015-12-28T16:14:43.368549-05:00https://www.thetrustedinsight.com/investment-news/hoping-for-a-price-surge-oil-companies-keep-wells-in-reserve-20151228800/
Some drilled oil and natural gas wells across the country are currently not producing, but are ready to be tapped quickly if prices begin to rise.
OPEC Says Crude To Rise To $70 A Barrel By 2020
2015-12-23T14:56:07.957387-05:00https://www.thetrustedinsight.com/investment-news/opec-says-crude-to-rise-to-70-a-barrel-by-2020-20151223677/
HOUSTON – It may be a quarter century before crude prices return to the high levels that stimulated a domestic shale drilling boom until prices collapsed late last year, the Organization of Petroleum Exporting Countries said Wednesday.
BP Snaps Up Devon’s San Juan Basin Assets
2015-12-18T16:59:46.140592-05:00https://www.thetrustedinsight.com/investment-news/bp-snaps-up-devons-san-juan-basin-assets-20151218407/
HOUSTON — BP has purchased Devon Energy’s oil and gas land in New Mexico and Colorado in the British oil giant’s first major move to expand its U.S. shale business since separating it from the general corporation earlier this year.
Congress Will Lift The Oil Export Ban, Boost Clean Energy Subsidies. Is That A Good Trade?
2015-12-18T10:41:55.591226-05:00https://www.thetrustedinsight.com/investment-news/congress-will-lift-the-oil-export-ban-boost-clean-energy-subsidies-is-that-a-good-trade-20151218365/
Late Tuesday night, as part of a sweeping budget deal, congressional leaders forged an unexpected compromise around a few key energy provisions.
Mexico's Onshore Oil, Gas Bidding Round A Success
2015-12-17T16:32:02.086736-05:00https://www.thetrustedinsight.com/investment-news/mexicos-onshore-oil-gas-bidding-round-a-success-20151217336/
Mexico's onshore oil and gas bidding round beat initial expectations as the nation's government seeks to grow the diversity of players in Mexico's oil and gas industry.