Tag: 爱上海XL

September 29, 2020 | |Post a Comment

first_imgThe ISIF, unlike the NPRF, will invest in Ireland with the aim of stimulating economic activity in the wake of the country’s bailout.As a result, the NPRF will gradually sell off its non-domestic holdings so the cash can be redeployed.In other news, a £650m (€790m) London pension fund is to increase its exposure to alternatives, investing £50m in the asset class.The London Borough of Barking & Dagenham Pension Fund has asked bfinance to oversee the diversified alternatives tender process, allocated more than a year ago after it decided to overhaul its investment strategy.As part of the shift, the fund said it would also invest an undisclosed amount in social housing or inflation-linked real estate – with manager interviews scheduled to be conducted for both mandates in March.“With these changes, it is hoped that the fund will be flexible and responsive to adapt to changes in the future,” the fund’s 2014 Business Plan said.Its tender said it would appoint one manager to the diversified alternatives portfolio, managing the money either as a segregated account or a pooled fund.Asset managers have until 10 March to apply, with further information available from bfinance’s London office. The National Pensions Reserve Fund has sold its entire private equity portfolio, most recently valued at €716m, to a US secondary private equity manager.In a statement, the fund said Lexington Partners had agreed to acquire an estimated €800m in fund holdings and outstanding commitments, spread across two dozen private equity funds.The sale, initiated in September last year, is expected to finalise in the coming months, the NPRF added.The reserve fund decided to sell its private equity holdings, comprising close to 11% of its discretionary portfolio, as part of a shift in asset allocation ahead of the €6.8bn portfolio’s transformation into the Ireland Strategic Investment Fund (ISIF).last_img read more

January 11, 2020 | |Post a Comment

first_imgL.A.’s Skid Row is a 50-square-block area where an estimated 3,700 homeless men and women lived in 2005. The area has the city’s largest concentration of single-room occupancy hotels and public or nonprofit services for the mentally ill and homeless. “Police and prosecutors are not the total answer. We need a regional commitment,” said Estela Lopez, executive director of the Central City East Association, which represents property owners in the neighborhood. “We are on the right track. It will take more than a few months.” rachel.uranga@dailynews.com (818) 713-3741160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! A five-month effort by the Los Angeles Police Department to clean up Skid Row was blasted Tuesday by critics who said it has led to widespread harassment of the city’s mostly African-American homeless population. For more than two hours, a dozen homeless people and service providers complained to the Police Commission about what they said is a hostile environment on the poverty-stricken streets. “We found instances in which Skid Row residents walking around the street doing nothing wrong were accosted by the police, ordered against the wall, handcuffed and searched without reason,” said Peter Bibring, an American Civil Liberties Union attorney. “This is happening on an ongoing basis. It appears that officers are stopping whoever they want, whenever they want.” After the hearing, however, Los Angeles Police Chief William Bratton said the effort has been successful and has led to fewer reported deaths in the area and more arrests. “I have every confidence that the department and its members are operating constitutionally, compassionately and consistently,” Bratton said. But Bibring, saying city government has not delivered on Mayor Antonio Villaraigosa’s promises to aid the homeless with low-income housing, insisted that an “enforcement-only approach” has not worked. Still, business owners praised the effort as a first step. And despite months of protests from a handful of disgruntled Skid Row residents, LAPD internal reports show that citizen complaints against officers were actually down in the Central Division. “There may be a perception that people are harassed more, but there’s been an infusion of more resources to the area,” which has led to more arrests, said City Councilwoman Jan Perry, who represents the area. last_img read more