Sector Investment 8-Hour Briefing
×Last updated: March 13, 2026, 7:31 PM ET
Pension Fund Activity
California's MCERA launched an RFP for investment consulting services, joining a wave of pension funds reassessing their advisory relationships amid market volatility. The California-based public pension fund seeks to optimize its $40 billion portfolio allocation strategy through enhanced risk management frameworks.
Private Equity & Infrastructure
Blackstone secured a $1.2 billion credit facility for Air Trunk's Japanese data center expansion, signaling continued appetite for AI infrastructure assets in Asia-Pacific. The financing package includes both senior debt and mezzanine tranches, with construction slated to begin Q4 2024 in Tokyo's tech corridor.
Public Markets & IPOs
Madison Air filed for a Nasdaq IPO targeting a $500 million valuation, capitalizing on strong demand for private aviation services. The charter operator reported 18% revenue growth in Q1 2024, driven by corporate travel recovery and expansion into European markets.
Commodities & Wealth
A surge in aluminum prices propelled China Hongqiao's Zhang Bo to a $48 billion fortune, making him one of Asia's wealthiest industrialists. The price rally, up 23% year-to-date, reflects supply constraints and growing demand from electric vehicle manufacturers.