The boom in private credit has been accompanied by a spike in lighter covenants, reducing protection and guardrails for lenders says Jennifer Shum, senior managing director, structured and private credit at HOOPP, and warns of mounting risks in private credit.
A new approach to holding the major oil companies to account will see the West Yorkshire Pension Fund, together with a cohort of other UK and European pension funds, demand BP and Shell explain their business plans in a world of declining demand for fossil fuels.
An economically fragmented world, where different economic blocs refuse to collaborate, impose tariffs and restrict foreign investments, would have disastrous consequences on the $2.2 trillion portfolio of Norges Bank Investment Management. Its latest stress test offers a rare glimpse into the concrete portfolio impact of deglobalisation.
Oregon State Treasury is one of the longest-standing investors in private equity but as allocations pushed beyond the outer policy limit and a maturing asset class puts pressure on returns, a recalibration was necessary. Amanda White spoke to Oregon State Treasurer, Elizabeth Steiner, about the future of private equity.
ESG integration in BCI’s $25 billion private equity portfolio produces meaningful, double-digit percentage increases in value through focusing on strengthening operational resilience, unlocking growth, and building more valuable businesses. A paper by BCI and Stanford University’s Long-Term Investing Initiative showcases the findings through case studies.
An investment banking expert has warned the CalPERS board of the risks inherent in AI, emphasising the importance of investors understanding how their exposure to AI is at risk because of Chinese competitors.
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