Speaking to the Economic Club of Toronto this morning, he said unlike private equity firms, pension funds are looking for strong, stable returns over a long period of time.
“Pension funds are very large, they create an interesting dynamic,” he said, adding that a lot of so-called “dull” industries are very exciting for pension funds because of the consistent returns they provide.
To learn more about private equity, check out our special guide, A Trustee’s Guide to Alternative Investments. To read it, click here.
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