Universities Superannuation Scheme (USS) related stories
All articles and analysis
Trends of the Year: LPs going directFrom sovereign wealth funds to family offices, limited partners bulked up direct investment teams and made large purchases in 2017.
Perspectives 2018: ESG rises up the LP agendaInvestors are placing increasing emphasis on environmental, social and governance factors in due diligence, our LP survey suggests.
USS staffs up to hunt for ‘low risk’ PE assetsThe £60bn UK pension fund believes it can deliver ‘deliver superior after-cost risk-adjusted returns’ by going direct.
7 ESG insights from the Responsible Investing ForumLPs are going to ask more of their managers when it comes to data gathering and reporting, the PEI Responsible Investment Forum in Berlin heard.
Caisse joins $807 mln investment in London's Heathrow AirportShareholders in Heathrow Airport Holdings Ltd have agreed to invest an additional £650 million (US$807 million) in the London-based international airport. The shareholders include Caisse de dépôt et placement du Québec, which currently holds a 12.62 percent interest. Initial plans for the funds raised include terminal expansion and the creation of an access tunnel. Heathrow is home to more than 80 airlines, connecting to more than 180 destinations. Its largest shareholder is Ferrovial SA.
Ontario Teachers', USS to buy crematoria developer WesterleighOntario Teachers' Pension Plan and Universities Superannuation Scheme (USS) have agreed to acquire Westerleigh Group, a British private developer and operator of crematoria and cemeteries. No financial terms were released for the deal, which is expected to close this year. The seller is European private equity firm Antin Infrastructure Partners, which first invested in Westerleigh in March 2013. Founded in 1991, Westerleigh today facilitates more than 30,000 funerals per year across its 22 sites. Ontario Teachers' Andrew Claerhout said the acquisition will support the company's continued growth.
Ardian picks up part of USS’s $1bn portfolioEvercore ran a limited process targeting a handful of secondaries buyers for USS in the second half of 2015, which was tapping the market as part of a rebalancing of its private equity exposure.
- CVC invests in Moto
CVC Capital Partners has acquired a 40 percent stake in Moto. The seller was Universities Superannuation Scheme. No financial terms were disclosed. UK-based Moto is a mortorway services provider.
- CVC acquires minority stake in Moto Group
CVC has announced the second investment from its longer term Strategic Opportunities Fund in three days.
- Breaking through the barrier
After a lacklustre 2009, the secondaries market is marking a return to (booming) business as usual.