The Caisse de dépôt et placement du Québec is selling its 17,628,911 remaining shares of Quebecor Media Inc. back to Quebecor Inc. for $1.69 billion, representing 18.47 per cent stake in the company. The media organization operates broadcasters, publications and an internet access provider among other assets in Quebec. The agreement marks the final chapter in Quebecor’s plan to gain […]
Investments from pension funds accounted for 25 per cent of Canadian investment in the Asia-Pacific region between 2013 and 2017. Their share was up from just one per cent between 2003 and 2007, according to a new report. The report, released by the Asia Pacific Foundation of Canada, found that between 2003 and 2017, Canadian […]
The Caisse de dépôt et placement du Québec is entering into a financing agreement with Metro Supply Chain Group Inc., an Ontario-based third-party logistics services provider. While the pension fund didn’t disclose the terms of the financing, a press released noted Metro intends to use the capital to pursue further growth, particularly in business acquisitions. The […]
Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, has appointed Karim Habra as head of Europe, effective July 2, 2018. In the role, Habra will be responsible for Ivanhoé Cambridge’s European platform and will be based in Paris. Previously, Habra served in a number of positions at LaSalle […]
The Caisse de dépôt et placement du Québec has appointed Emmanuel Jaclot as executive vice-president of infrastructure. In the new role, Jaclot will manage the Caisse’s infrastructure portfolio, which totals more than $16 billion in assets. He will also eventually head up CDPQ Infra, a subsidiary that’s responsible for developing and operating the pension fund’s infrastructure […]
The Caisse de dépôt et placement du Québec has invested approximately $26 million in Fundamentum, a venture capital fund company based in India. The initial investment is in Fundamentum’s first growth fund. The fund has a target size of about $130 million and will to focus on investments in consumer and enterprise technology businesses in the areas of […]
The Caisse de dépôt et placement du Québec is shaking up its leadership team to address a rapidly changing and increasingly competitive market. Macky Tall, formerly the head of the Caisse’s infrastructure portfolio, will be head of liquid markets and the Réseau express métropolitain project, the 26 station rail system currently under construction in Montreal. In addition, Tall will continue […]
When Sears Canada Inc. announced it was going to liquidate its stores in 2017, the chain’s demise was a big concern for pension plan members worried about a big deficit in the company’s defined benefit plan. But also among the parties affected were some of Canada’s largest pension funds, which own more than two dozen […]
The Caisse de dépôt et placement du Québec is investing in Quebec-based software company Poka to help its expansion into the United States and Europe. Poka, a training and knowledge platform for manufacturers, has raised $10 million in this round of financing, which also includes original seed investors iNovia Capital and Uncork Capital. Read: Caisse leads $20 million financing for […]
Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, has appointed Nathalie Palladitcheff as president and Alfonso Graceffa as head of business units. Palladitcheff joined Ivanhoé Cambridge in 2015 as executive vice-president and chief financial officer. Previously, she was the acting chief executive officer at Icade, a Paris-based real estate investment company. Read: Ivanhoé Cambridge […]