💰SWF – 主权财富基金
San Francisco Pension Money Launches $1 Billion Carbon-Conscious Portfolio.
The San Francisco Employees’ Retirement System (SFERS) revealed with some fanfare the formation of a carbon constrained passive index equity strategy that will involve divesting itself of carbon-heavy emitters from its stock sheets over the next several months.
SFERS has subsequently moved US$ 1 billion worth of its US$ 5.1 billion in U.S. equities into a reduced-carbon index portfolio.
The portfolio’s creation involved the sale of some US$ 50 million worth of stock in U.S. petrol companies and is expected to have a minimal impact on returns, according to SFERS chief investment officer William (Bill) Coaker.
Clariant Saga Ends with SABIC Becoming the Largest Shareholder.
Saudi Basic Industries Corporation (SABIC) is now Clariant AG’s largest shareholder after buying a 25% stake in the Swiss chemicals company from American activist investors David Winter and David Millstone of 40 North Latitude Master Fund Ltd. (17.58%), and Corvex Master Fund Ltd.’s Keith Meister (7.56%), for an estimated US$ 2.4 billion.
Permira to Buy I-MED Radiology
Private equity firm Permira agreed to acquire the I-MED Radiology Network from EQT Partners, through its EQT Mid Market fund, and other investors for roughly A$ 1.26 billion. In 2014, EQT invested in I-MED Radiology with GIC Private Limited and CDPQ.
Permira presented a fully-financed offer back in the start of December 2017.
The transaction is expected to close in the first quarter of 2018.
https://www.swfinstitute.org/swf-news/permira-to-buy-i-med-radiology/