The Canada Pension Plan Investment Board and the Caisse de dépôt et placement du Québec were ranked No. 3 and No. 8, respectively, among the top 10 global institutional investors with the highest total deal values in 2024, according to a new report by data platform Global SWF. Last year, the CPPIB invested US$21.1 billion while […]
The Ontario Teachers’ Pension Plan is selling its stake in Copenhagen Airports A/S to co-shareholder Arbejdmarkedets Tillægspension. The Denmark-based investor has been a joint venture partner with the investment organization and co-owner of the airport since 2017. The financial details of the transaction weren’t disclosed. “We would like to thank ATP for their collaboration and […]
Despite the turbulent environment shaped by the coronavirus pandemic, aggressive interest rate hikes and liquidity issues, institutional investors taking a long-term perspective can uncover strong opportunities in the real estate market. Speaking at the Canadian Investment Review’s 2024 Defined Benefit Investment Forum, Alexandra Katz, managing partner and head of institutional sales at Hazelview Investments, highlighted […]
Taking an institutional toolbox to the typically retail closed-end fund market is providing institutional investors with an entry point into an obscure asset, according to Scott Eldridge, senior portfolio manager of closed-end fund strategies at Allspring Global Investments. During a session at the Canadian Investment Review’s 2024 Defined Benefit Investment Forum, he noted the low […]
While Canada needs an additional 5.8 million housing units by 2030 to restore affordability in the marketplace, the country only averages about 200,000 new housing completions per year, said Aaron Pittman, senior vice-president and head of Canadian institutional investments at Equiton. “From concept to occupancy in Canada, on the residential build side, you’re looking at […]
The pullback from traditional lenders in the real estate market is poised to create a serious need for capital. “To a certain extent, banks [and other large capital providers] have generally been overexposed to real estate,” said Ken McKinnon, senior managing director and equity partner at Institutional Mortgage Capital, during a session at the Canadian […]
The Public Sector Pension Investment Board is reporting its London-based office real estate asset is fully leased. “We are delighted that 22 Bishopsgate has reached full occupancy, marking a significant milestone for this asset,” said Stéphane Jalbert, managing director and head of Asia-Pacific and Europe, real estate investments at PSP Investments, in a press release. […]
The Canada Pension Plan Investment Board is creating a new joint venture alongside Cyrela Brazil Realty to explore opportunities in the Brazilian real estate market. The two partners have established an investment target of $400 million, primarily to develop residential condominiums in São Paulo. In a press release, Ricardo Szlejf, managing director and head of […]
User personalization and an ease-of-use approach are key in the adoption of artificial intelligence technology tools by pension plan sponsors, according to a new report by the CFA Institute Research & Policy Centre. It found the application of AI has the potential to revolutionize plan sponsors’ administrative duties but will require a collaborative approach that […]
The Canada Pension Plan Investment Board has confirmed the departure of Frank Su as managing director and head of Asian private equity, effective immediately. In an emailed statement to Benefits Canada, a CPPIB spokesperson said the investment organization has “a strong team in Asia who will continue to build on the important portfolio in the […]