global infrastructure – Benefits Canada.com

Caisse investing $500MN in National Bank of Canada, backing EV charging station operator

bmcgovern — Fri, 14 Jun 2024 19:00:11 +0000

The Caisse de dépôt et placement du Québec is investing $500 million in National Bank of Canada to support its acquisition strategy for Canadian Western Bank. The acquisition deal is worth $5 billion and will give National Bank a presence in Western Canada. Following the Caisse’s investment in National Bank, it will become the second […]

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2024 Global Investment Conference: How institutional investors are navigating developed, emerging market trends

bmcgovern — Mon, 10 Jun 2024 11:48:03 +0000

During a panel at the Canadian Investment Review’s 2024 Global Investment Conference in April, three key thought leaders representing defined benefit pension plan sponsors shared their views on investment trends and challenges in developed and emerging markets. Investing in emerging markets brings a slate of challenges for investors, said Jean-Christophe Lermusiaux, (pictured centre) managing director of […]

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IMCO returns 5.6% for 2023, driven by public equities

bmcgovern — Thu, 11 Apr 2024 13:00:26 +0000

The Investment Management Corp. of Ontario is reporting a net return of 5.6 per cent for 2023, with net assets increasing to $77.4 billion. The investment organization’s year-end report found public equities returned 18 per cent in 2023, followed by global credit (7.7 per cent), fixed income (5.9 per cent), private equity (5.7 per cent), […]

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CPPIB and Ontario Teachers’ reinvesting in India infrastructure fund

bmcgovern — Fri, 22 Mar 2024 19:00:12 +0000

The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are reinvesting in an infrastructure trust sponsored by the National Highways Authority of India. The CPPIB and the Ontario Teachers’ renewed their financial commitment to the infrastructure fund through a new capital raise, contributing $297 million and $298 million, respectively. The total respective […]

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What does the Thames Water debacle mean for investment risk management?

Jennifer Paterson — Tue, 18 Jul 2023 13:00:08 +0000

As Thames Water Utilities Ltd. came under fire this month for its financial mismanagement and poor environmental record, the debacle highlights institutional investors’ responsibilities around due diligence and risk management. “Thames Water should act as a kind of warning,” says Andrew Clare, a professor and chair in asset management at the City, University of London’s […]

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OMERS to acquire Dutch energy infrastructure solutions business, Ontario Teachers’ investing in Australian industrial site

Jennifer Paterson — Tue, 11 Jul 2023 16:00:22 +0000

The Ontario Municipal Employees’ Retirement System’s infrastructure arm, alongside APG Asset Management on behalf of Dutch pension fund ABP, is signing an agreement to acquire an energy infrastructure solutions business. Kenter, which was previously owned by Alliander Corporate Ventures, provides medium-voltage infrastructure, including transformers and switchgear, and metres to more than 25,000 commercial and industrial […]

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Oxford Properties acquiring Banff hotel; OMERS, CPPIB funding Indian infrastructure acquisitions

Gideon Scanlon — Tue, 20 Jun 2023 16:30:58 +0000

The Ontario Municipal Employees’ Retirement System’s real estate arm is jointly acquiring a hotel in Banff National Park, Alta., alongside Accor, a French hospitality business. Oxford Properties Group and its partner will acquire the Rimrock Resort Hotel, a 333-room hotel in the Bow Valley. It’s the first hotel the real estate investor has acquired since […]

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IMCO energy storage business secures U.K. credit facility, Caisse’s Indian warehouse network receives solar upgrade

Gideon Scanlon — Tue, 30 May 2023 16:30:33 +0000

A renewable energy company owned by the Investment Management Corp. of Ontario is securing a £175 million credit facility. Pulse Clean Energy, which was formerly known as Green Frog Power, will use the three-year facility to fund the expansion of its battery storage capacity in the U.K. The battery storage facilities are used to store […]

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IMCO investing in digital infrastructure fund; Caisse, Ontario Teachers’ co-owned insurer acquiring Chilean annuity portfolio

Gideon Scanlon — Thu, 11 May 2023 16:30:01 +0000

The Investment Management Corp. of Ontario is entering into a new fund that owns a British fibre optic business. The fund was launched as part of a broader effort to recapitalize the EuNetworks Group, an internet infrastructure and network operator in which the IMCO holds a minority stake. The company, which manages 17 fibre internet […]

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CPPIB-backed green energy service provider launching in Brazil

Gideon Scanlon — Tue, 28 Mar 2023 16:30:03 +0000

The Canada Pension Plan Investment Board is entering a joint venture focused on providing services to support Brazil’s transition away from fossil fuel reliance. Alongside Votorantim Group, the CPPIB is launching Floen, which will support the scaling of innovative technologies and business models with the potential to accelerate the energy transition, according to a press […]

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