USS
USS opens up DC section to PE investments
Move comes as funds invested in DC have exceeded £1bn, but exposure to private markets assets was already available to DB members
USS promotes Horsnall to head of direct private equity
Move forms part of the limited partner's strategy to increase its focus on direct investments
Ardian picks up $940m PE portfolio from USS
Transaction marks one of Ardian's largest purchases from a UK pension fund
CVC buys 40% Moto stake from USS
Deal marks second transaction for CVC's Strategic Opportunities Platform
Booth leaves USS
Booth joined USS in July 2007 as co-head of private equity and credit
Institutional investors raise the bar on climate change
The Copenhagen Climate Summit is widely considered a failure in terms of regulation, as no real consensus was reached. This is not to say, however, that all hope should be lost. By Francinia Protti-Alvarez