The Canadian Pension Plan Board is appointing Suyi Kim as senior managing director and global head of private equity, effective September 15. In the new role, Kim will lead the team making private equity investments around the globe, managing assets valued at $125.1 billion. She joined the CPPIB in 2007 and most recently served as […]
The Caisse de dépôt et placement du Québec is participating in a $225 million Series D funding round of AlayaCare, a Montreal-based at-home health-care software provider. The company’s artificial intelligence-based software is used by more than 500 health-care organizations around the world. In the past two years, it’s seen its U.S.-based business grow seven-times over. […]
A report from the U.K.-based watchdog group Hong Kong Watch is criticizing three major Canadian pension funds for investing in Chinese businesses involved in human rights violations. The report says the Canadian Pension Plan Investment Board, the British Columbia Investment Management Corp. and the Ontario Teachers’ Pension Plan have invested more than $12 billion in companies reported […]
The Ontario Municipal Employees Retirement System is co-leading a US$2.75 billion ($3.3 billion) private placement to raise equity for Northvolt, a Swedish battery maker. Alongside the OMERS, four Swedish public sector pension funds, Goldman Sachs Asset Management and the Volkswagen Group also co-led the private placement. According to a press release, the equity injection will […]
The Canada Pension Plan Investment Board is investing 5.6 billion Indian rupees (about $93 million) to secure a 49 per cent equity stake in a regional retail centre in Kolkata, located in West Bengal. The nine-hectare mall will be a joint venture between the CPPIB and Phoenix Mills Ltd. Construction will begin this year in […]
The Caisse de Dépôt et Placement du Québec, the Indonesian Investment Authority, the Abu Dhabi Investment Authority and APG Asset Management have signed a memorandum of understanding to establish an infrastructure investment platform in the Southeast Asian nation. In the memorandum of understanding, the Indonesian sovereign wealth fund stated its intention to explore joint investment […]
The Institutional Limited Partners Association is publishing a deal-by-deal model limited partnership agreement and term sheet to serve as a template for the industry. “We are delighted to release the deal-by-deal model LPA, both for our members, who can have confidence in the balance and transparency it provides and for our industry partners who will […]
A joint-venture formed in 2019 by the Ontario Municipal Employees Retirement System, along with Altice, Allianz Capital Partners and AXA Investment Managers’ real assets division, is gearing up to purchase wholesale fibre operator, Covage. The venture, SFR FttH, has made an exclusivity agreement regarding Covage for a total cash consideration of €1 billion, with the […]