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Canada Pension Plan to pour C$1 billion into energy assets in new joint venture
trueCanada Pension Plan Investment Board agreed to invest more than C$1 billion ($756 million) in western Canada energy assets in a joint venture with energy infrastructure developer Wolf Infrastructure, said Dan Madge, CPPIB spokesman.
Orange County Employees places $100 million with Kayne Anderson, takes PIMCO off watch
trueOrange County Employees Retirement System committed $100 million to Kayne Anderson Capital Advisors for midstream energy investments, pending final due diligence and contract negotiations.
Commodities continue to slide
trueThe Bloomberg Commodity index is currently at levels not seen since 1999.
Contra Costa plugs into Ares energy fund
trueContra Costa County Employees’ Retirement Association committed $50 million to Ares Energy Investors Fund V, an energy infrastructure fund managed by Ares Management.
Arizona Public Safety allocates $371 million, names new retirement administrator
trueArizona Public Safety Personnel Retirement System made five new commitments and investments totaling up to $371 million.
Denver Employees slates $40 million for energy fund
trueDenver Employees Retirement Plan committed $40 million to Kayne Anderson Energy Fund VII, subject to successful contract negotiations.
Maine PERS commits to 2 funds
trueMaine Public Employees Retirement System, Augusta, made two new commitments totaling up to $100 million, said James Bennett, deputy chief investment officer, in an e-mail.
El Paso County reduces Tortoise's MLP portfolio
trueEl Paso County Retirement Plan reduced Tortoise Capital Advisors’ master limited partnership portfolio by half, leaving it with about $16 million.
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.