EXCLUSIVE: Private equity firms face additional pressure to sell assets and return capital to their limited partners after two years of sluggish dealmaking, according to a senior executive at Evercore bloomberg.com/news/articles/… via Bloomberg Markets

New York-based Banner Ridge Partners raised $2.15 billion for a secondary fund that will buy stakes in existing funds that invest in distressed debt and special situations. bloomberg.com/news/articles/… via Bloomberg Markets

A small hedge fund, which bets on a Canadian housing market crisis, has lost 80% since its inception in 2014 Derek DeCloet bloomberg.com/news/articles/… via Bloomberg Markets

SCOOP: Private equity firm Onex hired Peter Brown to lead its client team, choosing the longtime UBS Group executive to reboot its fundraising efforts bloomberg.com/news/articles/… via Bloomberg Markets

DEEP DIVE: Plunging office values and rising borrowing costs have thrust the world's second-largest alternative asset manager into the center of a global real estate shakeout John Gittelsohn Jack Sidders bloomberg.com/news/articles/… via Bloomberg Wealth

SCOOP: Brookfield is exploring its next infrastructure product, two months after it closed a record fund that it’s deploying into transportation, telecom and other hard assets bloomberg.com/news/articles/… via Bloomberg

In an "unexpected" move, Brookfield Asset's CFO Bahir Manios will leave after about 20 years at the firm. Hadley Peer Marshall, co-head of Brookfield infrastructure debt group, will take over on May 31. Here are the details: bloomberg.com/news/articles/… via Bloomberg

READ: With 600 homes, rooftop solar and limited car use, Sustainable City is a lonely example in a country that lacks infrastructure to match its environmental goals by Zainab Fattah bloomberg.com/news/features/… via Bloomberg Green

Three active managers are beating the market at a time when passive investing is dominant. They run lower-profile operations and exhibit a patience that’s rare in today’s market, making big bets on a smallish number of stocks based on intense research bloomberg.com/news/articles/…

Latest with Mathieu Dion and Ye Xie

Watch: Canada has long prided itself on its social programs that provide access to health care, education, food and housing. Despite spending billions, the nation’s safety net is fraying bloomberg.com/news/videos/20… via Bloomberg

EXCLUSIVE: Brookfield Asset Management’s newly formed credit arm will cater to its parent’s insurance business and will also pitch other insurers on overseeing their assets, the unit’s CEO says bloomberg.com/news/articles/… via Bloomberg Markets

SCOOP: Ardian is near a deal to buy more than $1 billion of British Columbia pension fund’s private equity holdings ⁦Silas Brown⁩ bloomberg.com/news/articles/…

SCOOP: ADIA hired Brookfield's Julian Thomas as a senior member of its private equity business Dinesh Nair bloomberg.com/news/articles/… via Bloomberg Markets

SCOOP: Blackstone’s Strategic Partners unit sold a $1.1 billion portfolio of private equity fund interests to Ares Management Allison McNeely bloomberg.com/news/articles/… via Bloomberg Markets

It’s an open secret that Brookfield’s next billionaire CEO may be a 36-year-old striver. The main question is when trib.al/ShB3G6f

Thanks to Layan Odeh ليان عودة for covering this important and time sensitive topic. Appreciate that TBM Consulting Group was able to contribute to the article.

Great Read: The recent, shock leadership purge at Alberta's $120 Billion pension fund sent a clear message: The government is the boss, and it’s taking back control bloomberg.com/news/articles/… via Bloomberg Markets Layan Odeh ليان عودة Paula Sambo

A Canadian dealmaker who spliced and diced private equity stakes was a first mover in a $1.2 trillion corner of finance. Are cracks are emerging in a strategy of stacking more leverage on investments already laden with debt? bloomberg.com/graphics/2024-… Layan Odeh ليان عودة Jason Kao

BREAKING: Palestinian refugee from #Gaza among 3 scientists who won the @NobelPrizes in Chemistry for molecular constructions that limit impact of #climate change. Dr. Omar Yaghi is a chemistry professor at UC Berkeley