BlackRock Private Markets has raised EUR774 million (USD844 million) in initial investor commitments for the BlackRock Europe Property Fund VI (“EFVI” or the “Fund”) at its first close, with capital provided by a diverse set of global institutional investors, including new clients and LPs from prior vintages.
A new survey conducted by the independent global investment consultancy, bfinance, on the topic of endowment and foundation investment has revealed a challenging investment climate, asset allocation intentions, and the importance of ESG. The Endowment & Foundation survey, dated November 2023, features data from 61 asset owners from 16 countries.
Sustainable infrastructure is proving an attractive asset class for long-term investors with an eye on the green transition. According to figures from the Bloomberg New Energy Finance Renewable Energy Investment Tracker, in the first six months of 2023, investors channelled USD358 billion of new capital to renewable energy projects.
Digital asset business Fineqia International has announced its strategic investment in Criptonite Asset Management SA, a digital asset management firm, regulated by the Swiss Financial Market Supervisory Authority (FINMA).
Jupiter Asset Management has announced that it has hired Adrian Gosden and Chris Morrison. They will join in January 2024 from GAM where they co-manage the ~GBP400 million GAM UK Equity Income Fund.
Morgan Stanley Investment Management (MSIM) has announced the launch of the Morgan Stanley Funds (UK) American Resilience Equity Fund, following the launch of the Luxembourg vehicle in 2022.
Benjamin Morton, head of global infrastructure at Cohen & Steers writesthat investors’ search for diversification and inflation protection has put a spotlight on infrastructure, made brighter by massive public investment programs and the accelerating transition to a digitised, decarbonised economy.
Van Lanschot Kempen Investment Management UK has announced it has appointed State Street Global Advisors (SSGA) to manage its Liability Driven Investment (LDI) strategies.
Climate change could wipe out the value of 50 per cent of the value of some institutional investors’ infrastructure portfolios before 2050, yet these risks are neither fully understood nor properly priced in, according to the EDHEC Infrastructure and Private Assets Institute.
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