One Of The Most Valued PE Firms Isn't On Wall Street
Talk about the titans of private equity and you’ll probably think Blackstone Group LP, KKR & Co. or Carlyle Group LP. But hidden in the small Swiss town of Baar, in a glass building opposite a McDonald’s and a couple of gas stations, resides a firm that by some measures is more highly valued than its big U.S. competitors.
Swiss State Pension Fund Stops Investing In Arms Firms
The leading Swiss state pension fund, Publica, has announced that it plans to disinvest from five weapons companies. This follows a national campaign by a responsible investment pension group to blacklist 15 international arms firms.
Adams Street Partners Recruits Vom Hagen To Lead New Munich Office
Global private equity manager Adams Street Partners has formed a new office in Munich, Germany and brought aboard veteran industry professional and former AllianceBernstein executive Martin vom Hagen to lead it. In his new role, vom Hagen will focus on the development of institutional client and consultant relationships within Germany, Austria, and Switzerland as the firm expands its efforts in the region, Adams Street said in a statement. He will join the firm as a partner.
Anthony Scaramucci Is This Year's Surprise Davos Star
Hedge fund manager Anthony Scaramucci once entertained the Davos elite by hosting a sampling of expensive wines in the Swiss ski resort’s fabled Piano Bar. Returning this year as the lone attendee from Donald Trump’s incoming administration, he’s being more careful about what he consumes.
Ray Dalio: 'I Want To Be Loud And Clear, Populism Scares Me.'
DAVOS, Switzerland -- The world today looks very much the way it did in the 1930s, and Ray Dalio doesn't like it one bit. Referring to increasing wealth inequality, the rise of nationalism, and a rebellious middle-class voting for Donald Trump and Brexit, the founder of the massive Bridgewater Associates hedge fund warned that Europe and the US face a dark future unless they turn back the rising tide of populism. Populism usually devolves into extremism, Dalio said.
Sweden’s AMF, AP1 And Folksam Buy SEK5B Of New Volvo Shares
<p>Three Swedish pension funds – AMF, Folksam and AP1 – have agreed to buy SEK5bn (€514m) of newly issued preference shares in Chinese-owned but traditionally Swedish carmaker Volvo Cars, hoping the issue marks a step on Volvo’s path back to stock market listing.</p>
<p>AMF has signed up to buy SEK2.5bn of the new shares – which include the right to have them converted into new ordinary shares in a possible future initial public offering (IPO) – AP1 has agreed to buy SEK1.5bn, and Folksam is to buy SEK1bn of the investments.</p>
Investors Increasing Control Over PE Terms And Conditions, Study Shows
Switzerland is engaged in a debate not just about its pension reforms, but also wider issues of intergenerational fairness and the stability of the second-pillar pension system
NN Investment Partners Gets Green Light On General Pension Fund
Switzerland is engaged in a debate not just about its pension reforms, but also wider issues of intergenerational fairness and the stability of the second-pillar pension system
Quants Move From Hedge Fund In Switzerland To The UK
Quants in Switzerland are deciding they're better off in London.
French Pension Investors Call For Moratorium On Arctic Oil, Gas Activity
Switzerland is engaged in a debate not just about its pension reforms, but also wider issues of intergenerational fairness and the stability of the second-pillar pension system.