The Caisse de dépôt et placement du Québec is continuing its investment partnership with MacKinnon, Bennett & Company Inc. in the form of a new joint $150-million investment in late-venture and early growth-stage companies focused on the decarbonization and transition to renewable-energy-powered transportation. The Caisse initially invested in the company in 2016 and again in […]
The Ontario Teachers’ Pension Plan is committing to achieving net-zero greenhouse gas emissions by 2050. The commitment includes the establishment of concrete targets for portfolio emissions as well as increased investments in climate solutions, according to a press release, which noted the Ontario Teachers’ will also ensure portfolio companies manage and report their emissions annually. […]
The Canada Pension Plan Investment Board is one of three investors entering a partnership with real estate developer SKR to develop, own and operate a purpose-built rental multi-family project in São Paulo, Brazil. The 220-unit mixed-use project is expected to be completed in 2023, according to a press release. Other investors include Cyrela Brazil Realty […]
The Ontario Teachers’ Pension Plan and Ares Management Corp. are both acquiring a majority interest in U.S.-based packaging company TricorBraun. The packaging company’s management team will continue to lead TricorBraun following the close of the transaction and its leadership team will also retain a significant investment in the company, as will its current majority owner, AEA […]
An environmental coalition is appealing to Ontario teachers to pressure their pension fund to divest from companies that develop or transport fossil fuel products. In a four-minute YouTube video, a group of students from across Ontario read a letter to their teachers, asking them to push the Ontario Teachers’ Pension Plan to stop investing their […]
The Ontario Teachers’ Pension Plan is among the investors contributing more than US$1.6 billion in Series E+ financing to Zuoyebang, a China-based online education start-up. Other investors in this round include Alibaba Group Holding Ltd., FountainVest Partners (Asia) Ltd., Sequoia Capital China, Softbank Vision Fund and Tiger Management Corp. The funding will be used to […]
The Caisse de dépôt et placement du Québec and local investor Cathay PE are jointly acquiring a 50 per cent interest in the Greater Changhua 1 Offshore Wind Farm, a 605-megawatt facility in Taiwan. The majority of the approximately $3.4-billion deal will be used to pay for the engineering, procurement and construction services for the […]
The Ontario Teachers’ Pension Plan is appointing Nick Jansa as senior managing director for its Europe, Middle East and Africa markets. Jansa will be based in the London office and will report to Ziad Hindo, the pension fund’s chief investment officer. As a member of the investment executive team, Hindo will lead the investment activities […]
Wellington Management Co. is joining the net zero asset managers’ initiative as a founding member. The company is committing to working with clients on their decarbonization goals and setting an interim target for the proportion of assets to be managed in line with the attainment of net-zero emissions by 2050. Wellington is headquartered in Boston […]
The Ontario Teachers’ Pension Plan is acquiring a majority stake in NVISION Eye Centers, a U.S.-based provider of eye-care services. As part of the transaction, Dr. Tom Tooma, NVISION’s founder, will retain a significant minority position in the company, serving as its chief medical officer and as a member of the board of directors. “Our […]