Chicago Teachers' Pension Fund Identifies Good (& Bad) Trends In Today’s PE, VC Market | Andrew Kelsen, Portfolio Manager | Q&A
Andrew Kelsen has served as portfolio manager of alternative investments at Public School Teachers' Pension & Retirement Fund of Chicago since 2014. He has over 30 years of broad investment and global capital markets experience and has held senior roles throughout his investment career. In this interview, he discusses the qualitative and quantitive metrics that CTPF looks for in managers; the many good trends in today's PE, VC market; and why he's interested in inefficient spaces like forestry, agribusiness and mining, among other areas.
Bridgewater Associates' Ray Dalio: How To Have Productive Meetings
"I learned to pause and review the ground rules," Dalio says. : Everyone knows what it's like to suffer through a long, pointless meeting at work, one where you restlessly count the minutes until you can go back to your desk and actually get something done. For Ray Dalio, a billionaire investor who founded Bridgewater Associates, the world's largest hedge fund, lousy meetings are unacceptable.
Matrix Partners China Raises $750m For Fifth Venture-capital Fund
Matrix Partners China has raised $750 million for a fifth venture-capital fund, according to a filing with the SEC. Fifty three LPs contributed capital. The filing is available here.
Guggenheim Said To Weigh Stake Sale For $250b Manager
Guggenheim Partners Investment Management has been in talks with global insurers, sovereign wealth funds and investment pools in Europe, the Middle East and Asia.
Abraaj, A Private-equity Firm, Files For Provisional Liquidation - After Pride, The Fall
UNTIL recently the Abraaj Group, a private-equity firm based in Dubai, was riding high. It was one of just a few such firms focused on emerging markets, and a darling of "impact investors", who seek social or environmental returns, not just financial ones. Assets under management of $13.6bn made it the largest private-equity firm in the Middle East, and the 42nd-largest globally in 2017. Its Pakistani founder and boss, Arif Naqvi, a regular at Davos and a patron of the arts, had won awards for philanthropy.
Green Ontario Cancellation Means Solar Investment Is Moving West
As anxious homeowners in Ontario were checking with their window installers Wednesday after incoming premier Doug Ford announced he was canceling the Green On fund, the solar industry began focusing on Alberta and the U.S.
Cape Analytics Raises $17m Series B To Bring Its Ai-driven Property Intelligence Solution To More U.s. Insurers | Business Wire
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Today, Cape Analytics, the provider of the most accurate and up-to-date property data for insurers and reinsurers, is announcing it has raised $17M in new financing, led by XL Innovate, an insurance technology-focused venture fund. The round also includes backing from innovative insurance customers and partners, including The Hartford, Nephila, CSAA Insurance Group (a AAA insurer), The Cincinnati Insurance Company, and State Auto Labs Fund. These insurers.
Hedge Funds Worry About The Legal Risks Of Using "alternative" Data - Wary Scouts
"QUANT" (quantitative) hedge funds, which craft elaborate algorithms to make trading decisions, rely on access to information. That used to mean market data, such as prices and trading volume. But some now seek an edge in novel sources. An industry has sprung up to serve them with, and help them analyse, "alternative" data, such as those gleaned from satellite images or by scraping websites. Many of these data firms have been founded by entrepreneurs, but some quant funds themselves are getting involved. Winton, a large London-based fund, is spinning off Hivemind, a data-analysis unit.
Shale Markets, Llc / Poland's Port Of Gdynia, Pgnig Plan Lng Bunkering Barge
By LNG World News Poland's state-owned gas company PGNiG and the port of Gdynia located on the country's northern Baltic coast have signed a deal on liquefied natural gas bunkering that includes the construction of an LNG fueling barge. The duo signed a letter of intent on June 19 under which they agreed to work...
Amazon, Jpmorgan And Berkshire Crown Gawande: Does He Have The Business Chops? - Health Care News - Crain's Chicago Business
Top execs of some of the most successful businesses in the U.S. think he does. But other responsibilities and a limited business background could stymie his impact.
Shale Markets, Llc / Qatari Lng Cargo Heading For Belgium
By LNG World News Fluxys-operated Zeebrugge LNG terminal in Belgium is awaiting a cargo of liquefied natural gas from Qatar at the start of July. Read Full Article Here For more great articles: LNG World News.