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Doing the homework on fossil-fuel divestment
The past year has seen a sharp increase in activity by students across the United States advocating for divestment from fossil fuels by school endowments. For the investors struggling to address these requests, there are no easy answers.
Arizona Public Safety Personnel goes with emerging markets energy infrastructure
Arizona Public Safety Personnel Retirement System, Phoenix, committed up to $50 million to Actis Energy 3, an emerging markets energy infrastructure fund.
Exxon Mobil energy outlook: Demand to be driven by natural gas, nuclear and renewables
Exxon Mobil's latest energy outlook forecasts that power generation in the U.S. will continue to shift toward natural gas, nuclear and renewables over the next few decades. U.S. use of nuclear power is projected to rise 25% from 2025 through 2040 and overtake coal as a source of energy production.
Iowa Municipal Fire and Police selects 2 for MLPs, commits to Neuberger Berman
Iowa Municipal Fire and Police Retirement System, West Des Moines, hired Harvest Fund Advisors and Tortoise Capital Advisors to manage $50 million each in publicly traded master limited partnerships.
Montana Board of Investments commits to White Deer Energy fund
Montana Board of Investments committed $20 million to White Deer Energy II, a buyout fund focusing on the energy sector managed by White Deer Management.
EnCap Investments closes upstream oil and gas fund at $5 billion
EnCap Energy Capital Fund IX closed with $5 billion, confirmed Hallie Kim, managing director at EnCap Investments.
U.S. oil production highest in two decades
On Nov. 12, the International Energy Agency released its widely followed World Energy Outlook. The report projected that around 2020, the U.S. could become the largest oil producer in the world. The IEA's projections show U.S. oil production rising to 11.1 million barrels per day in 2020. Within a
A global perspective on tectonic shifts in energy and the current bull market
The equity market has been surprising forecasters since it hit bottom in March 2009, as market seers have repeatedly shortchanged this relentless bull market by underestimating the resilience of business and consumer fundamentals and overestimating the global risks.
El Paso Fire & Police commit $2 million to energy fund
El Paso (Texas) Firemen & Policemen's Pension Fund committed $2 million to EnCap Energy Capital Fund IX, a private equity oil and gas fund managed by EnCap Investments.
BNP Paribas Clean Energy Partners to become Glennmont Partners after MBO
BNP Paribas Investment Partners agreed to a management buyout of BNP Paribas Clean Energy Partners, which will be renamed Glennmont Partners.
Arizona Public Safety commits $30 million to EnCap energy fund
Arizona Public Safety Personnel Retirement System committed up to $30 million to EnCap Energy Capital Fund IX, an oil and gas fund.
Kayne Anderson closes 6th energy fund at $1.6 billion
Kayne Anderson Capital Advisors' private equity arm, Kayne Anderson Energy Funds, has closed its sixth fund, the $1.6 billion Kayne Anderson Energy Fund VI, said Paul Blank, managing director for public affairs.The fund already has made $750 million in commitments to seven private oil and gas
GRT Capital taps ex-BlackRock manager as energy chief
Daniel Rice was named portfolio manager and head of the energy investment division at hedge fund GRT Capital Partners.
Oklahoma Police Pension rounds up EnCap Investments for energy fund
Oklahoma Police Pension & Retirement System committed $7.5 million to EnCap Energy Capital Fund IX, a private equity oil and gas fund managed by EnCap Investments.
Illinois Municipal Retirement Fund puts $25 million in oil and gas fund
Illinois Municipal Retirement Fund, Oak Brook, committed up to $25 million to EnCap Energy Capital Fund IX.