OTPP – Benefits Canada.com

Ontario Teachers’ investing in U.K. energy network, CPPIB acquiring stake in Brazilian internet provider

Gideon Scanlon — Tue, 29 Nov 2022 17:00:50 +0000

The Ontario Teachers’ Pension Plan is acquiring a stake in a U.K. renewable electricity network. According to the terms of an agreement with Scottish and Southern Energy, the Canadian pension fund will pay £1.465 billion (approximately $2.45 billion) for a 25 per cent share in an electrical transmission network. The network carries power generated from […]

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Top 5 HR, pension and benefits stories of the week

mdunne — Fri, 11 Feb 2022 14:05:36 +0000

Diversity, equity and inclusion are top of mind during Black History Month, so it’s no surprise two of the top five stories over the past week on BenefitsCanada.com relate to efforts by organizations to address a range of DEI issues in February and beyond. Here are the five most popular news stories of the week: 1. How HOOPP is […]

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Canadian public pension plans lead in private equity investments: report

Gideon Scanlon — Tue, 14 Dec 2021 17:00:08 +0000

Canada’s largest public pension plans are more heavily invested in private equity than other global public pension plans, according to a new report by British think tank the Official Monetary and Financial Institutions Forum. “What really distinguishes the Canadian model is this large exposure to private equity, which stands out from across the sample, . […]

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Ontario Teachers’ investing in eye-care provider

mschmit — Wed, 02 Dec 2020 08:12:56 +0000

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 […]

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CPPIB earns 5% net return in fiscal Q2

mschmit — Tue, 17 Nov 2020 05:33:11 +0000

The Canada Pension Plan Investment Board ended its second quarter of fiscal 2021 with net assets of $456.7 billion, up from $434.4 billion at the end of the previous quarter, according to a new report. The $22.3 billion increase in net assets for the quarter consisted of $21.6 billion in net income after all costs […]

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What does coronavirus mean for the future of sustainable investing?

mschmit — Wed, 28 Oct 2020 04:24:05 +0000

Before the pandemic hit, momentum was building to fight climate change, said Eli Angen, a principal in responsible investing, strategy and risk at the Ontario Teachers’ Pension Plan. At the Canadian Investment Review’s 2020 Global Investment Conference in September, Angen pointed to the decreasing cost of the energy transition and greater societal and business awareness […]

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OTPP invests in data centre company, financial advisory firm, Caisse encourages diversity with new fund

mschmit — Thu, 22 Oct 2020 04:32:22 +0000

The Ontario Teachers’ Pension Plan is leading a new US$360 million equity investment in a Singapore-based data centre developer, operator and investor. Founded in 2017, Princeton Digital Group has a current portfolio of 18 centres across China, India, Indonesia and Singapore. Global private equity firm Warburg Pincus LLC is also participating in the investment. “We’re […]

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Caisse invests in agri-food sustainability, OMERS and Ontario Teachers’ sell stake in smart-metering company

mschmit — Wed, 23 Sep 2020 12:21:54 +0000

The Caisse de dépôt et placement du Québec and multi-stage investment firm S2G Ventures are creating a co-investment partnership whereby the Caisse will invest up to US$125 million over the next three years in ventures that aim to make the food and agriculture industry more sustainable and climate friendly. “By enabling investments in ventures and […]

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Canadian pensions sign pledge to tackle anti-Black systemic racism

mschmit — Fri, 24 Jul 2020 03:56:18 +0000

Several prominent players in Canada’s pension industry have signed onto the BlackNorth Initiative, pledging to take specific actions within their organizations to tackle anti-Black systemic racism. “The persistent inequities across our country underscore our urgent, national need to address and alleviate racial, ethnic and other tensions and to promote the elimination of anti-Black systemic racism […]

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EMPEA appointing CPPIB’s Suyi Kim to board of directors

mschmit — Mon, 06 Jul 2020 04:02:26 +0000

The Emerging Markets Private Equity Association is appointing Suyi Kim, head of Asia Pacific at the Canada Pension Plan Investment Board, to its board of directors. “Emerging markets are core to CPP Investments’ long-term strategy,” she said in a press release. “We have been investing in emerging markets for over a decade and currently have […]

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