Alternatives

North America is consolidating alternative assets as region holds almost two-thirds of global AUM – Preqin reports

Retrieved on: 
Wednesday, March 20, 2024

LONDON, March 20, 2024 (GLOBE NEWSWIRE) -- Today, Preqin , the global leader in alternative assets data, tools, and insights, published its Alternatives in North America 2024 report.

Key Points: 
  • LONDON, March 20, 2024 (GLOBE NEWSWIRE) -- Today, Preqin , the global leader in alternative assets data, tools, and insights, published its Alternatives in North America 2024 report.
  • Preqin data shows that North American private capital AUM was $7.67tn, making up over 57% of the $13.43tn AUM globally, as of the end of June 2023* – the latest data available.
  • When including the hedge fund asset class alongside the private markets’ asset classes, this rises to 62% of global alternatives AUM.
  • $3.66tn, or 81%, of the overall $4.53tn hedge fund AUM globally was shared by North America-based managers as of the end of 2023.

Fullerton Fund Management raises US$100 million for anchor close of the Fullerton Carbon Action Fund

Retrieved on: 
Wednesday, March 20, 2024

SINGAPORE, March 20, 2024 /PRNewswire/ -- Fullerton Fund Management ("Fullerton") has successfully raised US$100 million in the anchor close of its Fullerton Carbon Action Fund (the Fund). The Fund captures the enormous climate market opportunity in Emerging Asia by investing in companies at the forefront of accelerating decarbonisation in the region.  

Key Points: 
  • SINGAPORE, March 20, 2024 /PRNewswire/ -- Fullerton Fund Management ("Fullerton") has successfully raised US$100 million in the anchor close of its Fullerton Carbon Action Fund (the Fund).
  • Asia accounts for over 50% of the world's carbon emissions and represents a US$5 trillion climate investment opportunity by 2030[1].
  • The region's climate sector is well-positioned for long-term growth driven by fundamentals that are critical in the world's transition to net zero.
  • The Fund will invest in market leading businesses in the rapidly growing manufacturing, industrials, energy, and electric vehicles/mobility sectors.

Fullerton Fund Management raises US$100 million for anchor close of the Fullerton Carbon Action Fund

Retrieved on: 
Wednesday, March 20, 2024

SINGAPORE, March 20, 2024 /PRNewswire/ -- Fullerton Fund Management ("Fullerton") has successfully raised US$100 million in the anchor close of its Fullerton Carbon Action Fund (the Fund). The Fund captures the enormous climate market opportunity in Emerging Asia by investing in companies at the forefront of accelerating decarbonisation in the region.  

Key Points: 
  • SINGAPORE, March 20, 2024 /PRNewswire/ -- Fullerton Fund Management ("Fullerton") has successfully raised US$100 million in the anchor close of its Fullerton Carbon Action Fund (the Fund).
  • Asia accounts for over 50% of the world's carbon emissions and represents a US$5 trillion climate investment opportunity by 2030[1].
  • The region's climate sector is well-positioned for long-term growth driven by fundamentals that are critical in the world's transition to net zero.
  • The Fund will invest in market leading businesses in the rapidly growing manufacturing, industrials, energy, and electric vehicles/mobility sectors.

Global Long Duration Energy Storage Industry Report 2023-2044: Materials, Equipment Markets, Technology Roadmaps, Manufacturers, Winners, Losers, Alternatives - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 28, 2024

The "Long Duration Energy Storage LDES Reality: Materials, Equipment Markets in 35 Lines, Technology Roadmaps, Manufacturers, Winners, Losers, Alternatives" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Long Duration Energy Storage LDES Reality: Materials, Equipment Markets in 35 Lines, Technology Roadmaps, Manufacturers, Winners, Losers, Alternatives" report has been added to ResearchAndMarkets.com's offering.
  • The Long Duration Energy Storage (LDES) report provides in-depth look at the future landscape of the industry – from materials and equipment markets to technology roadmaps, and company profiles.
  • The report delves into the reality of LDES, revealing potential winners and losers and exploring a wide array of alternatives through analytical forecasts stretching from 2024 to 2044.
  • Similar in-depth analysis is provided for other storage technologies like Compressed Air Energy Storage (CAES), Chemical Intermediary LDES (hydrogen, ammonia, methane), and Pumped Hydro Storage.

Voices for Non-Opioid Choices Coalition Applauds Introduction of Alternatives to PAIN Act in Senate

Retrieved on: 
Thursday, February 29, 2024

WASHINGTON, Feb. 29, 2024 /PRNewswire/ -- Today, the Senate took a crucial step forward in the fight to prevent opioid addiction by introducing the bipartisan Alternatives to Prevent Addiction in the Nation (PAIN) Act. The Alternatives to PAIN Act will ensure that all Americans can access safe, effective, non-addictive pain management approaches. In the process, the Alternatives to PAIN Act can prevent opioid addiction that occurs following an acute pain incident and save lives.

Key Points: 
  • The Alternatives to PAIN Act will ensure that all Americans can access safe, effective, non-addictive pain management approaches.
  • In the process, the Alternatives to PAIN Act can prevent opioid addiction that occurs following an acute pain incident and save lives.
  • "Over one million American seniors are diagnosed with opioid addiction every year," said Chris Fox, Executive Director of the Voices for Non-Opioid Choices Coalition .
  • In January, Representative Mariannette Miller-Meeks (R-IA) and Representative Tony Cárdenas (D-CA) introduced companion legislation, The Alternatives to PAIN Act (H.R.

LINGOTTO APPOINTS PAM CHAN TO LAUNCH MOSAIC, A NEW PRIVATE MARKET STRATEGY

Retrieved on: 
Thursday, February 15, 2024

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Lingotto Investment Management LLP, a $4.6bn1 investment management company owned by Exor N.V., today announces the launch of their US presence and appointment of Pam Chan as Managing Partner and Chief Investment Officer of Mosaic. This new private market strategy will invest across asset classes, industries, and capital structures, and will be anchored by Exor. With this move, Lingotto is further developing an organization that allows talented investment professionals to pursue their passion for investing in an environment of autonomy and structured support.

Key Points: 
  • This new private market strategy will invest across asset classes, industries, and capital structures, and will be anchored by Exor.
  • Prior to joining Lingotto, Ms. Chan was the Chief Investment Officer and Head of Direct Private Opportunities at BlackRock.
  • In 2022, Private Equity International included her on their list of Women of Influence in Private Markets.
  • We are excited to see Pam build out her new team and start to deploy capital for our investors."

LINGOTTO APPOINTS PAM CHAN TO LAUNCH MOSAIC, A NEW PRIVATE MARKET STRATEGY

Retrieved on: 
Thursday, February 15, 2024

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Lingotto Investment Management LLP, a $4.6bn1 investment management company owned by Exor N.V., today announces the launch of their US presence and appointment of Pam Chan as Managing Partner and Chief Investment Officer of Mosaic. This new private market strategy will invest across asset classes, industries, and capital structures, and will be anchored by Exor. With this move, Lingotto is further developing an organization that allows talented investment professionals to pursue their passion for investing in an environment of autonomy and structured support.

Key Points: 
  • This new private market strategy will invest across asset classes, industries, and capital structures, and will be anchored by Exor.
  • Prior to joining Lingotto, Ms. Chan was the Chief Investment Officer and Head of Direct Private Opportunities at BlackRock.
  • In 2022, Private Equity International included her on their list of Women of Influence in Private Markets.
  • We are excited to see Pam build out her new team and start to deploy capital for our investors."

KKR’s Henry McVey Says Leading Family Offices Plan to Allocate More to Alternatives in 2024

Retrieved on: 
Tuesday, February 13, 2024

“We hear the message ‘Loud and Clear’ that this segment of the market is changing – and for the better,” said McVey.

Key Points: 
  • “We hear the message ‘Loud and Clear’ that this segment of the market is changing – and for the better,” said McVey.
  • “These investors are diversifying across asset classes, and as they mature, they are getting better at harnessing the value of the illiquidity premium to compound capital.
  • Family offices are planning to allocate more to Private Credit, Infrastructure and Private Equity at the expense of Public Equities and Cash.
  • U.S. family offices allocated less to traditional Private Equity compared to counterparts in Latin America, Asia and Europe, while Asia-based family offices had relatively heavy allocations to Real Estate.

EQS-News: DWS Returned to Net Inflows in 2023 Supported by all Three Pillars – Passive including Xtrackers, Active and Alternatives

Retrieved on: 
Monday, February 5, 2024

Net flows ex Cash of EUR 1.8bn in Q4 resulting in EUR 22.6bn in FY 2023 (including Cash EUR 11.0bn in Q4 2023, EUR 28.3bn in FY 2023), supported by all three pillars – Passive including Xtrackers, Active and Alternatives.

Key Points: 
  • Net flows ex Cash of EUR 1.8bn in Q4 resulting in EUR 22.6bn in FY 2023 (including Cash EUR 11.0bn in Q4 2023, EUR 28.3bn in FY 2023), supported by all three pillars – Passive including Xtrackers, Active and Alternatives.
  • Supported by all three pillars – Passive including Xtrackers, Active and Alternatives – DWS recorded net inflows (ex cash) of EUR 22.6 billion.
  • The adjusted Cost-Income Ratio at 64.0 percent in 2023 comfortably meets DWS’ outlook of below 65 percent for 2023.
  • Total net inflows in 2023 were mainly driven by Passive including Xtrackers and supported by Cash, Active (ex Cash) and Alternatives.

Voices for Non-Opioid Choices Coalition Applauds Introduction of Legislation to Expand Access to Non-Opioid Pain Management Options for Seniors

Retrieved on: 
Tuesday, January 30, 2024

WASHINGTON, Jan. 30, 2024 /PRNewswire/ -- Today, Congress took a crucial step forward in the fight to prevent opioid addiction by introducing the bipartisan Alternatives to Prevent Addiction in the Nation (Alternatives to PAIN) Act. Championed by Representative Mariannette Miller-Meeks (R-IA) and Representative Tony Cárdenas (D-CA), the Alternatives to PAIN Act will prevent unnecessary exposure to opioids and open up access to innovative pain management therapies for American seniors.

Key Points: 
  • Championed by Representative Mariannette Miller-Meeks (R-IA) and Representative Tony Cárdenas (D-CA), the Alternatives to PAIN Act will prevent unnecessary exposure to opioids and open up access to innovative pain management therapies for American seniors.
  • "In order to save lives, the Alternatives to PAIN Act will ensure that seniors will have access to the full range of pain treatment modalities."
  • The NOPAIN Act expands patient and provider access to FDA-approved non-opioid pain management approaches in outpatient surgical settings beginning in 2025.
  • The Alternatives to PAIN Act builds on this by ensuring access to non-opioid approaches at the pharmacy counter.