💰SWF – Sovereign Wealth Fund
CDPQ and Ardian Fly Toward Deal Close on Alvest .
Canadian institutional investor Caisse de dépôt et placement du Québec (CDPQ) and French investment house Ardian have completed their acquisition of a significant stake in Paris-based Alvest SAS – one of the world’s leading providers of ground support equipment to the aviation industry – for an undisclosed amount from France-based Sagard Private Equity Partners, which acquired Alvest in 2015.
Sagard Private Equity Partners is the buyout arm of the Power Corporation of Canada.
https://www.swfinstitute.org/swf-news/cdpq-and-ardian-fly-toward-deal-close-on-alvest/
Texas Permanent School Fund Gets Greenlight on Internal Commodities Strategy.
The Texas Permanent School Fund (TPSF) received permission to invest US$ 175 million internally for a passive commodities strategy.
TPSF currently has two commodity-focused external managers which are Pacific Investment Management Company (PIMCO) and Credit Suisse Asset Management.