The Public Sector Pension Investment Board is investing in Alliant Insurance Services Inc., a U.S.-based independent insurance broker. The new cash infusion will aid in the insurance broker’s planned expansion. Along with the PSP, funds managed by private equity firm Stone Point Capital will make additional investments. Read: PSP takes majority stake in Australian farm business “Alliant is […]
The Caisse de dépôt et placement du Québec will make additional investments in Metro Supply Chain Group Inc., a Canadian third-party logistics services provider. The pension fund initially invested in the company in April 2018 when it began acquiring logistical and distribution companies linked to the e-commerce sector. “We are pleased to continue and strengthen […]
The Caisse de dépôt et placement du Québec, alongside equity firm Georgian Partners, is investing $45 million in Montreal-based technology startup TrackTik Software Inc. TrackTik, which provides cloud-based management software to security service companies, will use the financing to develop new products in artificial intelligence and machine learning technologies, with the aim of simplifying operations and maximizing profitability for […]
The Ontario Municipal Employees Retirement System’s real estate arm is investing $3.3 billion to acquire a portfolio of 19 office buildings across Australia. Oxford Properties Group and Investa Property Group, the Australian company that currently owns the properties, will jointly manage the office portfolio. “Oxford invests for the long term in global gateway cities with a […]
The Caisse de dépôt et placement du Québec’s real estate arm is forming a second investment vehicle for projects in the province’s urban centres. Ivanhoé Cambridge is partnering with investment firm Claridge Inc., as well as local developers, to grow its real estate portfolio in Montreal and Quebec City. Read: Ivanhoé Cambridge launches joint venture in Brazilian logistics […]
Mercer has completed the previously announced acquisition of Pavilion Financial Corp.’s investment consulting, alternatives consulting and wealth management operations. “We’re thrilled to be welcoming Pavilion to the Mercer family,” said Jean-Philippe Provost, senior partner and wealth business leader at Mercer Canada, in a press release. The deal will expand Mercer’s tools, research and investment programs, he said. ”Adding [Pavilion’s] strengths […]
The Canada Pension Plan Investment Board is buying shares in ChargePoint Inc., an electric vehicle infrastructure company, as part of a US$240 million funding round led by Quantum Energy Partners. “ChargePoint provides an attractive opportunity to invest in a market-leading business with room for expansion that aligns with our growing focus on the energy transition,” said Avik […]
The Caisse de dépôt et placement du Québec, along with the Republic of Colombia and infrastructure financier Financiera de Desarrollo Nacional, is launching an infrastructure co-investment platform. “We are very pleased to invest in Colombia with the private capital fund created by the FDN and pension fund administrators,” said Michael Sabia, president and chief executive officer of the […]
Country music icon Dolly Parton has learned through her career the value of even a small piece of intellectual property. In 1974, when Elvis Presley wanted to cover her song I Will Always Love You, she turned down the deal because Presley’s manager insisted on 50 per cent of all future royalties for the tune. […]
Seventy per cent of all capital committed to private credit is from institutional investors, according to a recent report by the Alternative Credit Council and Dechert LLP. Jiří Krόl, deputy chief executive officer of the Alternative Credit Council and the Alternative Investment Management Association, says that although private credit is a relatively new asset class, it has been […]