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BBVA Expands ESG-Linked Risk Transfer Collaboration with PGGM and Alecta

BBVA Expands ESG-Linked Risk Transfer Collaboration with PGGM and Alecta
2 months ago

In a significant stride toward sustainability in the financial sector, BBVA has announced a tripling of its ESG-linked risk transfer agreement with PGGM and Alecta. This bold move aligns with the growing emphasis on environmental, social, and governance (ESG) criteria among institutional investors and highlights BBVA's commitment to promoting sustainable finance.

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Alecta Set to Divest Nordic Hotels Business to CapMan in Strategic Sale

Alecta Set to Divest Nordic Hotels Business to CapMan in Strategic Sale
3 months ago

In a significant move within the hospitality sector, Swedish pension fund Alecta is reportedly nearing the sale of its Nordic hotels business, Midstar, to CapMan, a prominent private equity firm. The anticipated transaction underscores a strategic shift as Alecta looks to streamline its portfolio and capitalize on favorable market conditions.

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