PGGM’s Post

**KKR Raises $11 Billion for Global Infrastructure Fund** In a remarkable feat, KKR has successfully raised a staggering $11 billion for its fifth global infrastructure fund, marking significant progress towards its ambitious $20 billion target. This extraordinary fundraising effort, initiated in November, is a testament to the strong investor confidence in KKR's infrastructure strategy, despite the fund not yet having its first close. The impressive response from investors underscores the growing recognition of the potential in infrastructure investments. KKR's proven expertise and track record in this sector have resonated with investors, highlighting the attractiveness of infrastructure as an asset class. Investing in infrastructure holds tremendous promise, offering long-term stable returns and opportunities for diversification. As KKR's latest fundraising effort demonstrates, the demand for infrastructure investment is flourishing, making it an enticing avenue for individuals looking to grow their Health Savings Account (HSA). By strategically allocating a portion of their HSA towards KKR's global infrastructure fund, investors can access a highly specialized and lucrative market, while simultaneously promoting the well-being of their health and financial future. Don't miss out on the chance to capitalize on this exceptional opportunity to boost your HSA. Act now to invest in KKR's infrastructure fund and secure a prosperous and healthy future for you and your family. #hsa #investing #healthcare #health #family #wellness 💪💰🏥🌍

Schroders and Phoenix Group form a strategic partnership to launch Future Growth Capital (#FGC), the first private market investment manager to be established in the UK to promote the objectives of the #MansionHouseCompact. FGC aims to deploy a significant allocation of up to £2.5bn over three years from Phoenix Group, in line with its Mansion House Compact ambition, with an initial £1bn commitment. In total, FGC will aim to deploy £10-20bn of investor funds into private markets over the next decade. FGC will deliver improved outcomes for long-term pension savers in the UK by enabling efficient access to private markets investments and their potential for delivering higher long-term investment returns. FGC will invest in the British businesses of the future and provide long-term financing to help them grow. More info here: https://lnkd.in/gh7TAP49

#RIAs Do #alts have you scratching your head sometimes (or pulling your hair out?!)? Join us for an informal discussion about a solution to your alternative investment headaches! Tuesday, February 13th 12:30p PT / 3:30p ET The Buttonwood Centurion was formed to assist RIAs with some of the challenges of alternative investments: 👉 Lack of specific education and expertise relative to complicated Alternative Investments 👉 Lack of time and resources necessary to conduct thorough due diligence on Alternative investments 👉 Challenges comparing and evaluating investments when selecting the “best” investment 👉 The need to maintain continuous oversight and justify asset management fees when dealing with Alternative investments that often have very little information available on an ongoing basis 👉 Shortage of RIA-friendly structures in Alternative Investments 👉 Lack of influence and leverage with sponsors (struggle to get a call back??) The BW Centurion is a Buttonwood-founded consortium of Registered Investment Advisors (RIAs) formed to support each Member RIA in its pursuit of investing in alternative investments. Bringing education, due diligence support, leverage and influence to the RIA. Interested in learning more? Link in comments to register for the call. #RIA #Alternativeinvestments #duediligence #financialadvisor #wealthadvisor #investing

📢 New Edition Announcement! We are pleased to present the latest GP Stake market bulletin. This bi-weekly publication provides in-depth analysis of trends, market dynamics, and key insights. Stay tuned for more exclusive content and updates! 👉 CAZ Investments CAZ - GP Stakes A New Path to Private Equity CAZ describes GP stakes as a way to capitalize on the shift to the private market. https://lnkd.in/eufJy23N 👉 bfinance - GP Stakes Funds Seek $30bn With Promise of Private Equity Plus Yield https://lnkd.in/ehr5w9Gu 👉 Eurazeo to exit 25% stake in MCH Private Equity Eurazeo sold its 25% stake in MCH Private Equity to the MCH management team. Founded in 1998, Madrid-based MCH is a small-cap private equity investor with eight funds and €1.3 billion in AUM. Despite the sale, Eurazeo is keeping an €80m investment in the MCH V fund, having initially invested in the firm in 2019.  https://lnkd.in/erhCX4Am   👉 FUBON LIFE INSURANCE CO., LTD. backs Blue Owl Capital's GP Stakes Fund with $70m commitment Fubon Life Insurance, the insurance unit of the Taiwanese financial conglomerate Fubon Financial Holdings, has committed $70m to Blue Owl GP Stakes VI. Fubon Life had invested $50m to Blue Owl earlier in 2022.  https://lnkd.in/emrNDEHm 👉 Sustainable Development Capital, LLP announces Minority Investment from General Atlantic General Atlantic’s climate growth fund agreed to buy 24.9% of Sustainable Development Capital LLP (SDCL), which has $2.5bn AUM. SDCL develops and invests in projects focused on energy efficiency and decarbonization. The deal also involves an investment of up to $50m including an earnout.  https://lnkd.in/eSYMADNq 👉 AFLAC Global Investments takes a Different Approach to GP Stakes Aflac Global Investments, managing $100bn in assets, has adopted an opportunistic approach to acquiring stakes in asset managers, rather than a buy-and-hold strategy. Since 2017, Aflac has made five GP stake investments, already selling two: NXTCapital and Varagon Partners.  https://lnkd.in/eC9VxaDa #ARMEN #GPStakes #PrivateEquity #Investment #GPStakeBulletin

#RIAs Did you miss the last informational call? No worries! Join us for the next one! Tuesday, February 13th 12:30p PT / 3:30p ET The Buttonwood Centurion was formed to assist RIAs with some of the challenges of alternative investments: 👉 Lack of specific education and expertise relative to complicated Alternative Investments 👉 Lack of time and resources necessary to conduct thorough due diligence on Alternative investments 👉 Challenges comparing and evaluating investments when selecting the “best” investment 👉 The need to maintain continuous oversight and justify asset management fees when dealing with Alternative investments that often have very little information available on an ongoing basis 👉 Shortage of RIA-friendly structures in Alternative Investments 👉 Lack of influence and leverage with sponsors (struggle to get a call back??) The BW Centurion is a Buttonwood-founded consortium of Registered Investment Advisors (RIAs) formed to support each Member RIA in its pursuit of investing in alternative investments. Bringing education, due diligence support, leverage and influence to the RIA. Interested in learning more? Link in comments to register for the call. #RIA #Alternativeinvestments #duediligence #financialadvisor #wealthadvisor #investing

Great news! The entry deadline for the LGC Investment Awards has been extended by 3 weeks to midnight on 26 July!!!! https://lnkd.in/eaGac4ha This will allow you to either spend more time perfecting your current entry/entries and/or start new ones. Don't forget, to enter, you only have to tell us in up to 1,000 words why you should be a winner and you can enter as many categories as you like. <<<<Don't miss out on the opportunity to gain recognition for the excellence delivered by you and your team>>>> LGPS Categories - Pool of the Year - Fund of the Year (small) - Fund of the Year (large) - ESG Innovation - Innovation in Investment - Innovation in Administration - Rising Star - Outstanding Individual Contribution Service Provider Categories - Fund Manager of the Year - Lawyer of the Year - Consultant/Actuary of the Year - Private Markets Manager - Sustainability Manager - Impact Manager - Rising Star - Outstanding Individual Contribution View the criteria for entering here https://lnkd.in/e7H758bJ Register using the link below today in seconds and submit by midnight on 26 July. https://lnkd.in/eEzqFKaq If you need any help with your entry or for any further information please call Kieran McDougall on 020 3953 2019 or email him at Kieran.McDougall@emap.com. We look forward to receiving your entries. The LGC Investment Awards Team #Pensionfunds #Pensionfund #LGPS #Localgov #LGA #Investment #Investments #Pensions #Solace #Localgovernment #Localgovernmentpensionscheme #Publicsector #CIPFA #Pension #BordertoCoastPensionsPartnership #Assetmanagement #Councilchiefexecutives #CouncilDirectorsofFinance #LondonCIV #Localpensionspartnership #LGPScentral #Brunelpensionpartenrship #Northernpool #Walespensionpartnership #Access #Netzero #Infrastructure #Investing #Councils #TCFD #NIESR #Pooling #Fundmanagement #Fundmanager #ESG #Actuaries #Sustainability #Actuaries

LACERA seeks to expand its secondary strategy to include venture and growth equity. The Los Angeles County pension has also sought board approval to update its investment size for secondaries and co-investments. In a recent meeting, the pension also shared return data for its secondaries strategies and investments. #Secondaries #Secondary #SecondaryMarket #AlternativeInvestments #PrivateMarkets #PrivateEquity #PE https://lnkd.in/eubwniFf

Thinking differently about Social Value, Fair Funding Protocols and Commissioning Principles, and NHS GM Contract Review Activity: read about it all in the June VCSE Commissioning & Investment Update 👇 https://lght.ly/lhadch0

Trevor Garvin, Nedgroup Investments, Luzuko Nomjana CA(SA), MPhil (Stellenbosch Bus School), Prescient , Iqeraam Petersen, Futuregrowth Asset Management, and Bongi Mkize, KwaZulu-Natal Joint Municipal Pension / Provident Funds, join the panel in this video👉 https://lnkd.in/egZc9jUr The main topics of discussion are creating new models of investment and public-private partnerships for economic growth, the role of #Infrastructure investments, opportunities for growth in SA, and the greater need for collaboration.

BGF has participated in a new funding round to support the long term growth aspirations of RSK Group, a global leader in the delivery of sustainable solutions. As a current shareholder, BGF has provided an additional £20 million investment as part of a new equity package totalling £520 million. The total funding, which comes from a consortium of investors, will support RSK's 2030 Global Growth Strategy, which includes organic growth initiatives and the continued execution of the company's acquisition strategy. RSK Group has successfully acquired over 100 businesses in the last five years and continues to deliver crucial environmental and engineering services to help government and businesses achieve a more sustainable future. With this additional capital, RSK is well-positioned to lead the transition to sustainable infrastructure in the UK and beyond. Read more here: https://lnkd.in/gCKTQ5Sp #BGF #GrowthCapital #Investment #SustainableSolutions