alternative assets – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 22 Nov 2024 22:16:07 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 CPPIB reinvesting $532M in Brazilian water firm, OMERS increasing stake in Indian infrastructure fund https://www.benefitscanada.com/canadian-investment-review/emerging-global-markets-canadian-investment-review/cppib-reinvesting-532m-in-brazilian-water-firm-omers-increasing-stake-in-indian-infrastructure-fund/ Wed, 11 Sep 2024 19:00:45 +0000 https://www.benefitscanada.com/?p=160008 The Canada Pension Plan Investment Board is reinvesting $532 million in its majority-owned Brazilian water and sanitation company Iguá Saneamento. The new financial commitment will fund the company’s growth in the Brazilian state of Sergipe, according to a press release. “This sector has significant room for growth while also providing opportunities to invest in long-term, […]

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]]> Canadian public pension plans’ average funding ratio increased to 116% in 2023: report https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-public-pension-plans-average-funding-ratio-increased-to-116-in-2023-report/ Thu, 04 Jul 2024 19:00:35 +0000 https://www.benefitscanada.com/?p=157428 Canadian corporate pension funds reported an average funding ratio of 117 per cent, while public pension funds reported an average of 116 per cent, according to a new report by Coalition Greenwich. The study, based on interviews more than 150 of the largest tax-exempt funds in Canada, found in 2023, these investors reported that, on average, six […]

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]]> Canada has third largest share of global pension wealth for the first time: report https://www.benefitscanada.com/canadian-investment-review/research-markets/canada-has-third-largest-share-of-global-pension-wealth-for-the-first-time-report/ Thu, 23 Feb 2023 14:00:06 +0000 https://www.benefitscanada.com/?p=134361 Global pension assets fell 16.7 per cent to US$47.9 trillion in 2022, driven largely by a correction in fixed income and equities markets, according to a new report by WTW’s Thinking Ahead Institute. While the report found Canada’s pension asset values dropped by about 18 per cent in 2022, as of last August, it held roughly six […]

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]]> PSP Investments returns 10.9% due to strong alternatives performance https://www.benefitscanada.com/canadian-investment-review/research-markets/strong-alternatives-performance-push-psp-annual-returns-to-10-9/ Fri, 10 Jun 2022 13:00:07 +0000 https://www.benefitscanada.com/?p=122534 The Public Sector Pension Investment Board returned 10.9 per cent — or $19.7 billion — across is total portfolio in the 2022 fiscal year. Between April 1, 2021 and March 31, 2022, the institutional investor’s assets under management grew from $204.5 billion to $230.47 billion, an increase of 12.7 per cent. The results raised PSP […]

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]]> Caisse exposure to fraud, corruption risks exacerbated by investment strategy: Quebec auditor general https://www.benefitscanada.com/pensions/governance-law/caisse-exposure-to-fraud-corruption-risks-exacerbated-by-investment-strategy-quebec-auditor-general/ Tue, 29 Mar 2022 13:00:49 +0000 https://www.benefitscanada.com/?p=118849 While Quebec’s Auditor General Guylaine LeClerc says the Caisse de Dépôt et Placement du Québec’s exposure to international and private markets is increasing fraud and corruption risks, the institutional investor is describing its strategy as “essential.” “Diversification, both in terms of geography and asset classes, is essential to meet the return needs of our depositors over […]

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]]> HOOPP exchanges property portfolio for stake in new REIT https://www.benefitscanada.com/canadian-investment-review/cir-news/hoopp-exchanges-property-portfolio-for-stake-in-new-reit/ Thu, 06 Jan 2022 14:00:49 +0000 https://www.benefitscanada.com/?p=114428 The Healthcare of Ontario Pension Plan is exchanging a property portfolio for a stake in a new real estate investment trust. Under the terms of the deal, eight properties — which a recent appraisal valued at $800 million — were given by the HOOPP to the Toronto-based Primaris Management Inc. In exchange, the HOOPP received […]

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]]> Caisse invests in B2B technology platform, CPPIB to build four London office towers https://www.benefitscanada.com/canadian-investment-review/cir-news/caisse-invests-in-b2b-technology-platform-cppib-to-build-four-london-office-towers/ Wed, 22 Dec 2021 20:00:48 +0000 https://www.benefitscanada.com/?p=114212 The Caisse de dépôt et placement du Québec is investing $100 million in a subscription commerce platform company. The investment in AppDirect Capital will be used to accelerate the growth of the AppSmart Invest program, a recently launched business-facing online technology marketplace that connects buyers with expert advisors. The marketplace is designed to help subscribing […]

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]]> CPPIB invests in clean energy provider, OMERS subsidiary enters industrial property joint venture https://www.benefitscanada.com/canadian-investment-review/alts/cppib-invests-in-clean-energy-provider-omers-subsidiary-enters-industrial-property-joint-venture/ Tue, 14 Dec 2021 14:00:24 +0000 https://www.benefitscanada.com/?p=113431 The Canada Pension Plan Investment Board is investing US$300 million in a British alternative energy company. According to the terms of the strategic partnership agreement, the CPPIB’s initial capital contribution will be used to fund the expansion of the Octopus Energy Group’s Kraken platform, a licensed software used to grow the company’s retail strength and […]

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]]> T. Rowe Price buys Oak Hill Advisors, Franklin Templeton buys Lexington Partners https://www.benefitscanada.com/news/t-rowe-price-buying-oak-hill-advisors-for-up-to-us4-2bn/ Tue, 02 Nov 2021 18:00:07 +0000 https://www.benefitscanada.com/?p=110719 T. Rowe Price Group Inc. is buying Oak Hill Advisors for up to about US$4.2 billion with $3.3 billion payable at closing. The global investment management organization is buying the alternative credit manager with about 74 per cent in cash and 26 per cent in T. Rowe Price common stock and up to an additional $900 million in […]

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]]> CPPIB invests in German ceramics firm, Caisse to redesign central London building https://www.benefitscanada.com/canadian-investment-review/cir-news/cppib-invests-in-german-ceramics-firm-caisse-to-redesign-central-london-building/ Thu, 19 Aug 2021 13:00:10 +0000 https://www.benefitscanada.com/?p=105902 The Canada Pension Plan Investment Board is investing in a German ceramics manufacturing business. The CPPIB joined the U.K.-based alternative investment management group BC Partners to jointly acquire CeramTec. For its 50 per cent share in the company, the pension fund paid €800 million ($1.18 billion). Read: CPPIB investing in oilfield drilling company, Caisse in SAP […]

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