Teachers’ Private Capital, the private investment department of the Ontario Teachers’ Pension Plan (Teachers’) has made a US$150 million equity commitment to help launch NXT Capital, LLC, a privately held commercial finance company based in Chicago. NXT targets senior financing opportunities of up to $100 million—with typical holds ranging from $10 million to $30 million—through […]
A three-person panel chaired by Rob Brown will review the 25th Actuarial Report on the Canada Pension Plan (CPP), the office of the Chief Actuary announced Wednesday. Brown, an experienced leader in the industry, also chairs the International Actuarial Association’s Social Security Committee, and has reviewed the CPP Actuarial Report in the past. He also […]
Canadian employers are giving workers reason for optimism, expecting a steady hiring climate for the fourth quarter of 2010, according to the latest results of the Manpower Employment Outlook Survey. There’s even more good news when it comes to the Manufacturing-Durables industry, as that sector is reporting its strongest outlook in the past decade, anticipating […]
Executives are losing confidence in their corporate leaders, according to a recent study from the Korn/Ferry Institute. The firm’s Confidence in Leadership Index looked at perceptions over the last five quarters, and reveals a sharp decline in the trust and confidence executives have for corporate heads, and their leadership direction. The index measures four key […]