private equities – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 15 Jul 2024 20:34:28 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Canadian public pension plans’ average funding ratio increased to 116% in 2023: report https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-public-pension-plans-average-funding-ratio-increased-to-116-in-2023-report/ Thu, 04 Jul 2024 19:00:35 +0000 https://www.benefitscanada.com/?p=157428 Canadian corporate pension funds reported an average funding ratio of 117 per cent, while public pension funds reported an average of 116 per cent, according to a new report by Coalition Greenwich. The study, based on interviews more than 150 of the largest tax-exempt funds in Canada, found in 2023, these investors reported that, on average, six […]

The post Canadian public pension plans’ average funding ratio increased to 116% in 2023: report appeared first on Benefits Canada.com.

]]>
PSP Investments generates 7.2% annual return, net assets increase to $264.9BN https://www.benefitscanada.com/news/cir-news-news/psp-investments-generates-7-2-annual-return-net-assets-increase-to-264-9bn/ Tue, 18 Jun 2024 13:00:09 +0000 https://www.benefitscanada.com/?p=157067 The Public Sector Pension Investment Board ended its fiscal year on March 31, 2024, generating a net return of 7.2 per cent, up from 4.4 per cent the previous fiscal year, according to its latest annual report. The investment organization held $264.9 billion in net assets under management, up 8.7 per cent from the end […]

The post PSP Investments generates 7.2% annual return, net assets increase to $264.9BN appeared first on Benefits Canada.com.

]]>
Caisse investing $500MN in National Bank of Canada, backing EV charging station operator https://www.benefitscanada.com/news/cir-news-news/caisse-backs-new-funding-for-electric-vehicle-charging-station-operator-sells-stake-in-budapest-airport/ Fri, 14 Jun 2024 19:00:11 +0000 https://www.benefitscanada.com/?p=156778 The Caisse de dépôt et placement du Québec is investing $500 million in National Bank of Canada to support its acquisition strategy for Canadian Western Bank. The acquisition deal is worth $5 billion and will give National Bank a presence in Western Canada. Following the Caisse’s investment in National Bank, it will become the second […]

The post Caisse investing $500MN in National Bank of Canada, backing EV charging station operator appeared first on Benefits Canada.com.

]]>
Caisse enters share capital increase deal with transportation company, agrees to share repurchase deal with consulting firm https://www.benefitscanada.com/news/cir-news-news/caisse-enters-share-capital-increase-deal-with-transportation-company-agrees-to-share-repurchase-deal-with-consulting-firm/ Wed, 29 May 2024 19:00:28 +0000 https://www.benefitscanada.com/?p=156244 The Caisse de dépôt et placement du Québec is participating in a share capital increase deal with Alstom, a sustainable transportation solutions company. The investment organization, which currently holds a 17.4 per cent stake in the company, will receive a pro-rata share of the capital increase for a total amount of €173.8 million. The Caisse […]

The post Caisse enters share capital increase deal with transportation company, agrees to share repurchase deal with consulting firm appeared first on Benefits Canada.com.

]]>
Caisse invests up to €300 million in European data centre operator, CPPIB sells Amitra Capital https://www.benefitscanada.com/canadian-investment-review/alts/caisse-invests-up-to-e300-million-in-european-data-centre-operator-cppib-sells-amitra-capital/ Fri, 17 May 2024 18:25:39 +0000 https://www.benefitscanada.com/?p=155703 The Caisse de dépôt et placement du Québec is among a group of investors providing up to €750 million in financing to Vantage Data Centers. The Caisse and Ares Management are each contributing up to €300 million, while Schroders Capital’s private debt and credit alternatives team is contributing up to €150 million. The investment will […]

The post Caisse invests up to €300 million in European data centre operator, CPPIB sells Amitra Capital appeared first on Benefits Canada.com.

]]>
BCI sells $1 billion worth of private equity holdings to investment firm https://www.benefitscanada.com/canadian-investment-review/alts/bci-sells-1-billion-worth-of-private-equity-holdings-to-investment-firm/ Wed, 15 May 2024 19:00:21 +0000 https://www.benefitscanada.com/?p=155613 The British Columbia Investment Management Corp. is selling more than US$1 billion worth of private equity funds to Ardian, a France-based independent private equity investment company, according to reporting by Bloomberg. Although it’s unclear which assets the BCI intends to sell, last June, Bloomberg also reported the investment manager was considering the sale of roughly $2 […]

The post BCI sells $1 billion worth of private equity holdings to investment firm appeared first on Benefits Canada.com.

]]>
Expert panel: Cessation of real return bonds increases risk profile for Canadian pension fund model https://www.benefitscanada.com/canadian-investment-review/fixed-income/expert-panel-cessation-of-real-return-bonds-increases-risk-profile-for-canadian-pension-fund-model/ Thu, 09 May 2024 13:00:48 +0000 https://www.benefitscanada.com/?p=155359 The recent pressure put on Canadian pensions plans from private managers and governments to re-discover an investment home bias has been met with little enthusiasm, despite special interest by both federal and provincial governments to potentially tap pension fund capital for infrastructure given that current expenditure eats up a large share of the budget. Infrastructure […]

The post Expert panel: Cessation of real return bonds increases risk profile for Canadian pension fund model appeared first on Benefits Canada.com.

]]>
CPPIB establishes student housing real estate investment platform, sells holdings in sports management firm https://www.benefitscanada.com/canadian-investment-review/alts/cppib-establishes-student-housing-real-estate-investment-platform-sells-holdings-in-sports-management-firm/ Fri, 05 Apr 2024 19:00:21 +0000 https://www.benefitscanada.com/?p=153952 The Canada Pension Plan Investment Board is investing up to $40 million in the creation of a real estate investment platform dedicated to purpose-built student accommodation opportunities in Europe. The new group is being created through the CPPIB’s acquisition of Nido Living (which will be a wholly owned but independently-operated portfolio company), as well as its […]

The post CPPIB establishes student housing real estate investment platform, sells holdings in sports management firm appeared first on Benefits Canada.com.

]]>
CalPERS doubling down on allocations to private market assets https://www.benefitscanada.com/canadian-investment-review/alts/calpers-doubling-down-on-allocations-to-private-market-assets/ Fri, 22 Mar 2024 19:00:21 +0000 https://www.benefitscanada.com/?p=153306 The California Public Employees’ Retirement System is increasing its investments in private market assets to maximize returns from its highest-performing asset classes. The pension fund said it’s increasing its private market allocations from 33 per cent to 40 per cent, according to a press release, which noted CalPERS is increasing private equity allocations from 13 […]

The post CalPERS doubling down on allocations to private market assets appeared first on Benefits Canada.com.

]]>
HOOPP returns 9.38% for 2023, driven by equities, fixed income https://www.benefitscanada.com/news/bencan/hoopp-returns-9-38-for-2023-driven-by-equities-fixed-income/ Wed, 13 Mar 2024 19:00:42 +0000 https://www.benefitscanada.com/?p=153062 The Healthcare of Ontario Pension Plan is reporting an annual return of 9.38 per cent for 2023, partly due to the performance of equities and fixed income, says Michael Wissell, chief investment officer at the HOOPP. The investment organization finished the year with $112.6 billion in net assets, compared to $103.7 billion and a return of […]

The post HOOPP returns 9.38% for 2023, driven by equities, fixed income appeared first on Benefits Canada.com.

]]>