Pension

For the 5th Year in a Row Star Mountain Capital Named One of Pensions & Investments Best Places to Work in Money Management

Retrieved on: 
Tuesday, December 19, 2023

With over $3.8 billion in assets under management, alignment of interest is a core value of Star Mountain, including being 100% employee-owned and sharing investment profits with 100% of its U.S.-based full-time team.

Key Points: 
  • With over $3.8 billion in assets under management, alignment of interest is a core value of Star Mountain, including being 100% employee-owned and sharing investment profits with 100% of its U.S.-based full-time team.
  • Star Mountain is a purpose-built business with one of the largest teams focused on investing in established, profitable, small and medium-sized private North American businesses (the “lower middle-market”).
  • This has helped attract and develop a highly focused, talented and committed team of over 85 professionals in multiple offices nationwide,” says Star Mountain Capital Founder & CEO, Brett Hickey .
  • Our alignment and specialized platform allow us to bring distinctive value to our portfolio investments and our investors.

Aegon’s trading update for third quarter 2023

Retrieved on: 
Thursday, November 16, 2023

We expect the full-year 2023 operating capital generation from the units to be around EUR 1.2 billion; up from the previous guidance of more than EUR 1.0 billion.

Key Points: 
  • We expect the full-year 2023 operating capital generation from the units to be around EUR 1.2 billion; up from the previous guidance of more than EUR 1.0 billion.
  • As outlined at our Capital Markets Day 2023 in June, a key strategic focus is to ensure that our US business, Transamerica, reaches its full potential.
  • In the third quarter, Transamerica’s Strategic Assets have continued to deliver growth.
  • Second half 2023 results – March 1, 2024
    First quarter 2024 trading update – May 16, 2024
    Annual General Meeting – June 12, 2024
    First half 2024 results – August 22, 2024
    The conference call and Q&A can be followed via a live audio webcast on our website.

Argonaut Private Equity Closes Fifth Fund at $500 Million

Retrieved on: 
Monday, December 18, 2023

Argonaut Private Equity , a private equity firm focused on investing in Middle America, today announced the final closing of Argonaut Private Equity Fund V (“APE V” or “the Fund”) with $500 million in capital commitments, exceeding its initial target of $400 million and reaching its hard cap for the fund.

Key Points: 
  • Argonaut Private Equity , a private equity firm focused on investing in Middle America, today announced the final closing of Argonaut Private Equity Fund V (“APE V” or “the Fund”) with $500 million in capital commitments, exceeding its initial target of $400 million and reaching its hard cap for the fund.
  • Since the Fund’s first close in 2022, Argonaut has continued to invest in its specialty niche of diversified industrial businesses across Middle America.
  • APE V is comprised of leading institutional investors, including pensions, endowments, foundations, sovereign wealth funds, and family offices, among others.
  • “Like the companies we partner with, Argonaut is both geographically and culturally part of Middle America,” said Kelby Hagar, President and Managing Director of Argonaut.

Bailard Wins First in Its Category for Pensions & Investments' Best Places to Work in Money Management Award

Retrieved on: 
Thursday, December 14, 2023

Bailard , a values-driven asset and wealth manager in the San Francisco Bay Area, is recognized as one of the 2023 Best Places to Work in Money Management , announced by Pensions & Investments.

Key Points: 
  • Bailard , a values-driven asset and wealth manager in the San Francisco Bay Area, is recognized as one of the 2023 Best Places to Work in Money Management , announced by Pensions & Investments.
  • The firm is honored to be ranked first in its category (of companies with 50-99 employees).
  • Notably, this marks the sixth consecutive year Pensions & Investments has recognized Bailard as a Best Place to Work.
  • Presented earlier this week by Pensions & Investments , the global news source of money management and institutional investing, the 12th annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.

Sound Point Capital Partners With iCapital Marketplace

Retrieved on: 
Thursday, December 14, 2023

Sound Point Capital Management, LP ("Sound Point"), an alternative asset management firm with approximately $46 billion of assets under management, announced today they have joined iCapital’s Marketplace, a platform offering a robust suite of alternative investment solutions to financial advisors and their clients.

Key Points: 
  • Sound Point Capital Management, LP ("Sound Point"), an alternative asset management firm with approximately $46 billion of assets under management, announced today they have joined iCapital’s Marketplace, a platform offering a robust suite of alternative investment solutions to financial advisors and their clients.
  • With iCapital Marketplace, asset managers may now also choose to fundraise through iCapital Marketplace and manage distribution themselves.
  • The integration onto iCapital Marketplace reflects Sound Points strategic commitment to expanding its alternative credit platform, particularly within the wealth channel.
  • Merrill Martin, Head of Independent Wealth at Sound Point expressed, “this exciting partnership will help pave the way for our institutional quality solutions to be more readily accessible to the wealth channel.”
    To access the Sound Point’s Marketplace page, please click the following link: icapital.com/soundpoint
    To learn more about the Sound Point Capital, please reach out to [email protected]
    About Sound Point Capital Management, LP
    Sound Point is an alternative asset management firm founded in 2008 with particular expertise in credit strategies.

AustralianSuper increases Churchill Asset Management partnership to US$1.5 billion

Retrieved on: 
Wednesday, December 13, 2023

AustralianSuper, Australia’s largest superannuation fund, today announced it has increased the program size of its partnership with Churchill Asset Management, an investment specialist affiliate of Nuveen, to US$1.5 billion.

Key Points: 
  • AustralianSuper, Australia’s largest superannuation fund, today announced it has increased the program size of its partnership with Churchill Asset Management, an investment specialist affiliate of Nuveen, to US$1.5 billion.
  • Churchill is the US$47 billion U.S. private capital investment-specialist of Nuveen, the asset manager of TIAA.
  • In 2022, Nuveen expanded its private debt platform with the acquisition of Arcmont Asset Management, covering the European market.
  • Ken Kencel, President and CEO of Churchill said:
    “We are excited to grow our partnership with AustralianSuper, Australia’s largest superannuation fund, and increasingly an investment leader on the global stage.

Faced With Largest Retirement Savings Gap, Majority of Generation X Believe Dream Retirement Is Out of Reach

Retrieved on: 
Wednesday, December 13, 2023

The resulting savings gap of $451,170 tops the expected shortfall facing Millennials and Baby Boomers.

Key Points: 
  • The resulting savings gap of $451,170 tops the expected shortfall facing Millennials and Baby Boomers.
  • Millennials (ages 27-42) believe they will need $1,280,892 to retire comfortably and expect to have $877,266 saved, leaving a savings gap of $403,626.
  • Non-retired Baby Boomers (ages 59-77), believe it takes $924,897 to retire comfortably, which exceeds the amount expected to be saved ($633,401) by $291,496.
  • Notably, 61% of non-retired Gen Xers are not confident in their ability to achieve a dream retirement compared to 49% of Millennials and 53% of non-retired Baby Boomers.

Principal® Named a Best Place to Work in Money Management by Pensions & Investments for Twelfth Consecutive Year

Retrieved on: 
Tuesday, December 12, 2023

Principal Asset ManagementSM , the global investments business for Principal Financial Group® , announced today it has been named a Best Place to Work in Money Management among the largest employers by Pensions & Investments.

Key Points: 
  • Principal Asset ManagementSM , the global investments business for Principal Financial Group® , announced today it has been named a Best Place to Work in Money Management among the largest employers by Pensions & Investments.
  • “We’re honored to be recognized on the list of Best Places to Work in Money Management for a twelfth consecutive year, highlighting our commitment to the employee experience,” said Pat Halter, president, Principal Asset Management.
  • Presented by Pensions & Investments, the annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.
  • For a complete list of the 2023 Pensions & Investments’ Best Places to Work in Money Management winners and profiles of the top 100 firms across size categories, go to www.pionline.com/BPTW2023

Churchill Asset Management Named A Best Place to Work in Money Management for the Third Consecutive Year by Pensions & Investments

Retrieved on: 
Tuesday, December 12, 2023

Presented by P&I, the global news source of money management and institutional investing, the 12th annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.

Key Points: 
  • Presented by P&I, the global news source of money management and institutional investing, the 12th annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.
  • Churchill employee responses highlighted the firm’s highly inclusive culture, learning and development programs, empowering management team and volunteer opportunities, among other strengths.
  • “Pensions & Investments is proud to honor the Best Places to Work in Money Management for the 12th year.
  • For a complete list of the 2023 Pensions & Investments’ Best Places to Work in Money Management winners, and profiles of the top 100 firms across size categories, go to www.pionline.com/BPTW2023 .

WisdomTree Named as a 2023 Best Places to Work in Money Management by Pensions & Investments for Fourth Consecutive Year

Retrieved on: 
Tuesday, December 12, 2023

WisdomTree, Inc. (NYSE: WT), a global financial innovator, announced today it has been named a 2023 Best Places to Work in Money Management by Pensions & Investments for the fourth year in a row and the seventh year since the award was created.

Key Points: 
  • WisdomTree, Inc. (NYSE: WT), a global financial innovator, announced today it has been named a 2023 Best Places to Work in Money Management by Pensions & Investments for the fourth year in a row and the seventh year since the award was created.
  • The annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.
  • “Pensions & Investments is proud to honor the Best Places to Work in Money Management for the 12th year.
  • For a complete list of the 2023 Pensions & Investments’ Best Places to Work in Money Management winners and profiles of the top 100 firms across size categories, go to www.pionline.com/BPTW2023 .