It’s important for institutional investors to view risk mitigation as a way to improve the risk-return proposition and not as a way to express a bearish view on markets, said Rémi Tétreault, associate vice-president at Trans-Canada Capital Inc., during the Canadian Investment Review‘s 2024 Global Investment Conference in April. “It’s about performing well in a […]
Some institutional investors are telling private equity managers they’ll only commit to upcoming fund raises if their capital tied up in old funds is released, according to reporting by Bloomberg. Additional requests range from fee discounts and more co-investment opportunities to greater information rights and representation on committees, said the report, noting some are even […]
The Ontario Teachers’ Pension Plan is investing $80 million in logistics service provider Xpressbees. The Indian packaging and shipping company, which offers its services across the country, is using cutting edge technology to advance its business, according to a press release. “India is a critical market for our [Teachers’ Venture Growth] Asia strategy, where we […]
The Ontario Teachers’ Pension Plan is acquiring a majority stake in a U.K.-based wealth and investment manager. Seven Investment Management oversees more than £21 billion in assets for 2,300 financial advisory firms and 7,000 private accounts, according to a press release, which noted the organization is pursuing a new strategy of growth over the next decade based in organic net […]
The Canada Pension Plan Investment Board is investing US$30 million in reforestation efforts in Brazil’s Amazon region through a private venture partnership. The Amazon Reforestation Fund, managed by Mombak Gestora de Recursos, will also receive an equity transfer of US$500,000 from the CPPIB. It’s the first time the CPPIB is investing in Brazilian reforestation. In […]
The Ontario Teachers’ Pension Plan is entering into a definitive agreement to sell its majority shareholding in Ireland’s national lottery operator. The pension fund is selling Premier Lotteries Ireland Ltd., which is headquartered in Dublin, to La Française des Jeux, a lottery and online gaming operator for an undisclosed amount. As part of the transaction, PLI’s other […]
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 […]
The Canada Pension Plan Investment Board is acquiring a significant stake in an experience management software provider. The investment organization and Silver Lake, a global private equity firm, are jointly acquiring Qualtrics for US$12.5 billion. The company designs cloud-based experience management tools used by more than 19,000 organizations. Following the acquisition, the company was de-listed […]
“If it’s in private equity or an alternative asset allocation, it’s a long-term investment strategy,” said Simon Oak, principal at Lexington Partners, during the Canadian Investment Review’s 2023 Global Investment Conference. “Typically, it’s a five-year investment period followed by five years of harvest. Only then can investors measure their returns.” This causes a problem for […]
The British Columbia Investment Management Corp. is acquiring a minority stake in a corporate consultant and fund administration provider. Zedra, which provides wealth, governance and administrative services for corporations, pensions, trusts and funds, was launched in the Isle of Man in 2016. It now conducts operations in Asia, Australia, Europe, North America and South America. […]