The Canadian private equity market raised $4 billion through 140 deals in the first quarter of 2024, a 52 per cent increase in deal values from the previous quarter, according to a new report by the Canadian Venture Capital & Private Equity Association. It found the average deal size in the Canadian private equity market […]
The real estate investment arm of the Alberta Investment Management Corp. has completed the sale of $900 million in green bond offerings. The Series 6 and Series 7 unsecured notes, each valued at $450 million, are AIMCo Realty’s second and third green bond issuances under its green financing framework, according to a press release, which […]
An article highlighting CGI Group’s initiatives for Mental Health Awareness Month was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. CGI Group promoting mental-health support through compassion tool, employee recognition 2. Gen Z reports worsened communication skills due to remote working, […]
The Canada Pension Plan Investment Board earned an eight per cent return last year but significantly underperformed the 19.9 per cent return of its reference portfolio. The lower return can be explained in part by higher volatility in the stock-focused benchmark portfolio compared with the diversified, long-term return focus for the pension fund, says John Graham, the […]
The federal government’s promise to encourage Canadian institutional investors to invest more domestically is taking shape with two key initiatives found in the 2024 budget. The first involves the creation of a working group led by Stephen Poloz, former Governor of the Bank of Canada, to explore domestic opportunities for Canadian institutional investors in various […]
Amid a challenging private market fundraising landscape, the flow of co-investment deals increased dramatically in 2023, according to a report by alternative investment management and advisory firm Hamilton Lane. The report found the total value of co-investment deal flows reached US$8.87 billion in 2023, an increase from US$5.21 billion in 2022. The fourth quarter of […]
The Alberta Investment Management Corp.’s total fund generated a net return of 6.9 per cent in 2023, 1.8 percentage points below its 8.7 per cent benchmark. As of Dec. 31, 2023, the AIMCo’s total assets under management were $160.6 billion, compared to $158 billion in 2022. Its balanced fund generated a net return of eight per […]
The Ontario Teachers’ Pension Plan is considering selling Amica Senior Lifestyles in a deal that could be worth $5 billion, according to report by Bloomberg. The Ontario Teachers’ acquired the senior luxury residence operator in 2015 through a transaction by its subsidiary BayBridge Seniors Housing Inc., which includes more than 30 assets in British Columbia and Ontario. […]
A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Organon launching initiative to support women’s career, health journey in the workplace 2. Survey finds 38% of Canadian employees […]
The Colleges of Applied Arts and Technology pension plan saw a net return of 9.5 per cent for 2023, with net assets of $20.1 billion, up from $18.2 billion in 2022, according to its latest annual report. As of Jan. 1, 2024, the investment organization maintained a healthy funding level of 124 per cent on a going-concern […]