Singapore’s Gic Cuts Investments With H2o Asset Management After Sanctions
Founded in July 2010, H2O Asset Management LLP is a global macro investment management company. The asset manager got an initial 50% ownership backing from Natixis Asset Management (Natixis SA). In January 2023, France’s market regulator Autorite des Marches Financiers (AMF) fined H2O Asset Management €75 million, fined Bruno Crastes €15 million and sanctioned him,…
Nov Inc. (nov) Q4 2022 Earnings Call Transcript
Good day, ladies and gentlemen. Welcome to the NOV Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. As a reminder, this conference call is being recorded. I would now like to introduce your host for today’s conference call, Mr. Blake McCarthy, Vice President of Corporate Development and Investor Relations. Sir, you may begin. With me today are Clay Williams, our Chairman, President and CEO; and Jose Bayardo, our Senior Vice President and CFO.
Harvest Partners President Jay Wilkins Dies
John C. “Jay” Wilkins Jr. was the President of New York-based Harvest Partners LLC, a private equity firm. He died unexpectedly February 4, 2023 following a brief illness. “Jay’s sudden death is a shock to everyone at Harvest Partners and is a great loss to all of us,” Harvest Partners said in a statement February…
White House Issues Statement On Crypto; Bitcoin Etf Rejected; Ofac Sanctions Public Keys; Regulators Address Digital Assets; Crypto Enforcement Continues | Bakerhostetler
White House Addresses Crypto Risks; Blockchain Firm Wins Air Force Contract - The White House issued a statement last week briefly outlining the Biden administration’s road map to mitigate the risks of cryptocurrencies, which relates to last year’s March 9, 2022 Executive Order on Ensuring Responsible Development of Digital Assets....By: BakerHostetler.
Ba Pension And Singaporean Sovereign Fund Partner With Blackrock On King’s Cross Tribeca Development
British Airways’ New Airways Pensions Scheme (NAPS) and Singapore’s GIC Private Limited entered a joint venture with BlackRock Alternatives Real Estate to develop Tribeca King’s Cross. Tribeca King’s Cross is being developed by the Reef Group. Tribeca King’s Cross is an 830,000 square foot life sciences development in London featuring laboratories alongside retail, restaurants, and…
Rest Appoints Head Of Property
Rest has welcomed a new head of property, hiring from TelstraSuper. :
Bambrook joins the $66 billion fund from TelstraSuper where he headed up the real assets team for six years. Reporting to Simon Esposito, Rest's deputy chief investment officer, the recruit will be responsible for investment strategy, portfolio management, manager selection, and asset acquisition across Rest's $6 billion-plus real estate portfolio. "Property and our other unlisted assets continue to be very important in providing diversification and a stable source of long-term income to our members.
Lambeth Is The First Local Authority To Invest In London Civ Uk Housing Fund
London LGPS CIV Limited (London CIV) received a £250 million commitment from the London Borough of Lambeth pension fund for its open-end London CIV U.K. Housing Fund (LCIV UK Housing Fund). Cllr Adrian Garden, Chair of Pension Committee, London Borough of Lambeth said in a press release, “Lambeth Pension Fund has for many years sought…
Brookfield Super-core Infrastructure Partners To Acquire Stake In Firstenergy Transmission
FirstEnergy Corp. (NYSE: FE) entered into a definitive agreement to sell an additional 30% ownership interest in its FirstEnergy Transmission, LLC (FET) business to Brookfield Super-Core Infrastructure Partners (Brookfield Asset Management). Upon closing of the transaction, proceeds from the US$ 3.5 billion all-cash deal. Brookfield Super-Core Infrastructure Partners is a perpetual fund that invests in…
World's Largest Pension Fund Posts Fourth Straight Quarterly Loss
Japan's massive public pension fund continued its longest ever losing streak, reporting on Friday a $14.2 billion loss for the third quarter, its fourth straight quarter of negative returns.
Clayton, Dubilier & Rice Seeks To Take Focus Financial Partners Private
Focus Financial Partners Inc. has entered into an exclusivity agreement for a limited period with private equity firm Clayton, Dubilier & Rice, LLC (CD&R) to engage in negotiations regarding the terms and definitive agreements whereby CD&R may potentially acquire Focus for US$ 53 per share in cash, which comes out to around US$ 4.1 billion.…