Among institutional investors that are diving into alternative assets, those investing in private equity are the most satisfied, according to a new survey by Preqin Ltd. The vast majority (93 per cent) of survey respondents said their private equity funds’ performance has either met or exceeded expectations in the last 12 months. Investors are also […]
For intergenerational investors like foreign pension plans that have been ramping up exposure to alternative assets and leveraging their patient capital, it’s worth paying attention to Indonesia’s potential. “If you follow the logic that the country’s going to be the fourth or fifth largest economy in the world . . . then to me it’s […]
A company controlled by the Canada Pension Plan Investment Board has acquired a 10.01 per cent equity stake in the 407 International Inc. The 407 International holds a concession over the 407 express toll route from SNC-Lavalin Group Inc. Under the terms of the agreement, the CPPIB agreed to pay $3 billion to SNC-Lavalin on closing, with an additional $250 […]
With India attracting the attention of Canadian pension plans, what opportunities and risks exist in the country? Across all asset classes, 2018 saw US$47 billion in foreign investment transactions into India, according to Sanjeev Krishan, deals and private equity expert at PwC India, during the Canadian Investment Review’s podcast “Pension Passport.” And this year could […]
The Canada Pension Plan Investment Board closed out the first quarter of its 2020 fiscal year with a 1.1 per cent net return. The fund added $8.6 billion to its assets, with $4.5 billion in CPP contributions and the other $4.1 billion in net income. “CPPIB’s investment programs performed well in the first quarter, achieving solid net income in […]
The Caisse de dépôt et placement du Québec, alongside Fengate Asset Management, is investing in eStruxture Data Centers. The Quebec-based data centre operator currently has five data centres, three in Montreal and two in Vancouver. The co-investment will allow the company to buy a new data centre from Shaw Communications Inc. in Calgary and help […]
SNC-Lavalin Group Inc. says an Ontario judge has cleared it to proceed with the $3.25-billion sale of a stake in the 407 toll highway, paving the way for the beleaguered company to pay off hundreds of millions in debt. The engineering giant says the Ontario Superior Court has dismissed an attempt by Cintra Global to […]
The Ontario Teachers’ Pension Plan and Australian superannuation fund AustralianSuper are investing up to US$1 billion each in the National Investment and Infrastructure Fund of India’s master fund. The agreement includes US$250 million from each pension fund, as well as investment rights of up to US$750 million each for ongoing opportunities alongside the master fund. In addition, the […]
In the first half of 2019, the Caisse de dépôt et placement du Québec has earned an average return on depositors’ funds of 6.1 per cent, generating more than $18 billion in net investment results. “From a market perspective, we are living in roller coaster times,” said Michael Sabia, the fund’s president and chief investment officer, […]
In the first half of 2019, the Caisse de dépôt et placement du Québec has earned an average return on depositors’ funds of 6.1 per cent, generating more than $18 billion in net investment results. “From a market perspective, we are living in roller coaster times,” said Michael Sabia, the fund’s president and chief investment […]