The Caisse de dépôt et placement du Québec ended 2018 with a return of 4.2 per cent, beating its benchmark portfolio, which returned 2.4 per cent, and bringing the portfolio to a net asset total of $309.5 billion. “In 2018, our investment strategy was put to the test. For the first time in several years, global stock […]
The Caisse de dépôt et placement du Québec is making investments totalling $127 million to two new funds formed by iNovia Capital, a Quebec venture capital firm. Initially, the Caisse will invest $100 million towards the fund targeting growing technology companies, while the remaining $27 million will be set aside for iNovia Capital’s startup fund. Read: […]
As alternative investments become ubiquitous among institutional portfolios, harnessing the right strategies will make all the difference in an environment where returns are proving harder to find, said John Gray, partner at Adams Street Partners. “In a world where everybody needs return . . . people are ramping up their allocations to private equity,” he […]
The Canada Pension Plan Investment Board grew its net assets by $0.2 billion during its third fiscal quarter, pushing overall assets up to $368.5 billion, off a 1.1 per cent return. “Broad declines in global public equity markets created a challenging investment environment during the quarter,” said Mark Machin, president and chief executive officer of […]
The Caisse de dépôt et placement du Québec will make additional investments in Metro Supply Chain Group Inc., a Canadian third-party logistics services provider. The pension fund initially invested in the company in April 2018 when it began acquiring logistical and distribution companies linked to the e-commerce sector. “We are pleased to continue and strengthen […]
The Public Sector Pension Investment Board, alongside global alternative investment manager Investcorp, is taking a strategic minority stake in United Talent Agency. The capital from the two investors is aiming to boost the global talent and entertainment company’s continuing growth, expanding its core business of talent representation. Indeed, UTA recently amped up acquisitions in areas including live […]
Globally, sovereign investors have enjoyed the hefty returns stemming from almost a decade of charging equity markets, but they’re set to make major moves into alternatives going forward, according to Invesco’s latest study. The study, which surveyed 126 sovereign investors and central bank reserve managers representing $17 trillion in assets, found an average equity return of 8.7 per […]
Home Capital Group Inc. will end its $2-billion credit agreement with the Healthcare of Ontario Pension Plan just months after it entered into the deal in late April. The troubled mortgage lender announced Thursday it has received a $2-billion credit line and a $400-million investment from Columbia Insurance Co., a wholly-owned subsidiary of Berkshire Hathaway […]
Caisse de dépôt et placement du Québec is investing for the third time in Fix Auto World as it expands by acquiring several competitors. The automotive repair company has agreed to buy 11 glass and automotive aftermarket companies from Skidmore Group, a diversified holding company that invests in retail, distribution and service businesses. The companies […]
The Ontario Teachers’ Pension Plan will sell its majority stake in the world’s biggest manufacturer of commercial laundry equipment, Alliance Laundry Systems. Read: New addition at Teachers’ After the transaction is completed later this year, Teachers’ is expected to retain a minority interest in the company, which produces commercial washing machines, dryers and ironers. Teachers’ […]