Friday SWFI News Roundup, October 23, 2015
Want to Lead a Massive SWF’s Real Estate Unit?
Norges Bank Investment Management (NBIM) is advertising a newly-created role of chief executive officer for Norges Bank Real Estate Management. The person will report to NBIM’s CEO.
OMERS Ventures Invests in Kaleo Software
OMERS Ventures, the venture capital arm of OMERS, invested in El-Segundo-based Kaleo Software, an enterprise cloud platform for capturing and sharing employee expertise. OMERS Ventures led the US$ 7 million venture capital round. Saturn Partners also participated in the round. Prior investors such as Karlin Ventures, Qualcomm Ventures, Double M Partners and Greycroft Partners, participated in the funding round as well. Founded in 2012 by Hui-Bon-Hoa, Kaleo Software’s clients include Dell, Randstand, Lennar, Toyota Financial Services, Bacardi and Viacom.
Imperial County Employees’ Retirement System Terminates Active Managers, Not Paying for Itself
Imperial County Employees’ Retirement System, a retirement system near the U.S.-Mexico border in El Centro, California, appointed BlackRock to manage a US$ 60 million passive, all-cap domestic equities portfolio. The pension’s investment consultant is Seattle-based Verus.
The pension terminated:
|Manager||Amount in Millions USD||Mandate|
|T. Rowe Price Group||28||Active Domestic Small-Cap Value Equity|
|TimesSquare Capital Management||32||Active Domestic Midcap Growth Equity|
|Franklin Templeton Investments||62||Active International Equity|
Legg Mason Finalizes RARE Infrastructure Acquisition
[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute