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Investments in energy up despite freefall in prices
trueAs low oil and gas prices are cutting into alternative investment returns, some investors are doubling down, pouring more capital into the sector.
Distressed investors eyeing the energy sector
trueAs oil and gas prices continue to fall, much of the capital being raised today is for distressed energy investments.
Ridgewood Energy closes third oil and gas fund at $1.94 billion
trueRidgewood Energy Corp. closed its $1.94 billion Ridgewood Energy Oil & Gas Fund III, surpassing its $1.5 billion target.
Ontario Teachers acquiring oil and gas royalty business for C$3.3 billion
trueOntario Teachers’ Pension Plan, Toronto, on Tuesday announced it has agreed to acquire Heritage Royalty LP from Cenovus Energy for C$3.3 billion ($2.67 billion) in cash.
Massachusetts Water pension plan wants private energy manager
trueMassachusetts Water Resource Authority Employees' Retirement System is searching for a private energy fund manager, said an announcement on the website of investment consultant NEPC, which is assisting in the search.
Indiana to launch record-keeper search for annuity plan, allocates $190 million from DB plan
trueIndiana Public Retirement System will reissue an RFP on June 29 for a record keeper for its $7 billion Annuity Savings Plan.
EIG Global Energy Partners names U.S. oil and gas direct lending chief
trueRob Johnson joined energy infrastructure firm EIG Global Energy Partners as managing director and U.S. head of oil and gas direct lending.
Texas County & District commits to Quantum Energy Partners fund
trueTexas County & District Retirement System committed $15 million to Quantum Parallel Partners VI-C.
Connecticut earmarks $115 million for 2 alternatives funds
trueConnecticut Treasurer Denise L. Nappier, principal fiduciary for the $29.6 billion Connecticut Retirement Plans & Trust Funds, is considering committing a total of up to $115 million to two alternatives funds.
Minnesota State Board of Investment commits $500 million to 4 funds
trueMinnesota State Board of Investment, St. Paul, on Wednesday approved commitments of up to $150 million each to two managers and $100 million each to two others.
Louisiana State Employees earmarks $75 million for energy infrastructure fund
trueLouisiana State Employees' Retirement System committed $75 million to ArcLight Energy Partners Fund VI.
Norfolk County Retirement System reissues energy private equity RFP
trueNorfolk County Retirement System reissues energy private equity RFP
2 Canadian pension funds start renewable energy, water infrastructure firm with Santander
trueOntario Teachers’ Pension Plan, Toronto, and the Public Sector Pension Investment Board, Montreal, teamed up with Banco Santander to launch a firm to manage and invest in renewable energy and water infrastructure assets globally.
Quebec's Caisse takes different path on energy
trueCaisse de Depot et Placement du Quebec, Montreal, which oversees investments of Quebec's public pension funds, is focusing on distribution instead of production as a way to gain returns from energy when oil prices are sinking.
Louisiana Teachers selects WEDGE Capital for midcap equities, commits to 2 energy funds
trueLouisiana Teachers’ Retirement System hired WEDGE Capital Management to run $315 million in active domestic midcap value equities.