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Latest news in DB

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DB pension returns power through a difficult autumn

For the first time since the Financial Services Commission of Ontario began monitoring defined benefit pension solvency in 2009, the province’s DB plans posted a…

  • By: Staff
  • November 6, 2018 January 13, 2021
  • 16:07
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Ivanhoé Cambridge launches joint venture in Brazilian logistics real estate

The Caisse de dépôt et placement du Quebec’s real estate investment arm, together with Prologis Inc., is launching a joint real estate venture in Brazil. The Prologis Brazil…

  • By: Staff
  • November 6, 2018 January 13, 2021
  • 15:27

OMERS sells U.S. health-care tech company

The Ontario Municipal Employees Retirement System’s private equity arm is selling MatrixCare Holdings Inc., a health-care technology company, to ResMed Operations Inc. for about $982 million. “We first acquired…

  • By: Staff
  • November 5, 2018 January 13, 2021
  • 15:45
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Former OTPP staff launch private equity firm

Two of the Ontario Teachers’ Pension Plan’s former managing directors are opening a new private equity firm, Peloton Capital Management. Founding managing partners Steve Faraone…

  • By: Staff
  • November 5, 2018 January 13, 2021
  • 15:31
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CPPIB to partner with science-based seeding platform

The Canada Pension Plan Investment Board is partnering with the Creative Destruction Lab to deepen its knowledge of cutting-edge technologies. Founded by Ajay Agrawal, a…

  • By: Staff
  • November 5, 2018 January 13, 2021
  • 15:15
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Canadian DB pension plans see weak but positive gains in Q3

Canadian defined benefit pension plans saw a median return of 0.42 per cent in the third quarter of 2018, according to BNY Mellon Asset Servicing’s universe…

  • By: Staff
  • November 2, 2018 January 13, 2021
  • 10:16
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AIMCo, BCI, PSP close agreement to affiliate timber investments

The Alberta Investment Management Corp., the British Columbia Investment Management Corp. and the Public Sector Investment Board have closed a previously announced plan to conglomerate their long-term timber…

  • By: Staff
  • November 2, 2018 January 13, 2021
  • 10:08

OPTrust invests in Dutch green commodities specialist

The OPSEU Pension Trust, together with British private equity firm Three Hills Capital Partners, has invested more than $89 million into ACT Commodities. The Dutch…

  • By: Staff
  • October 31, 2018 January 13, 2021
  • 15:45

Caisse buys shares in Canadian precious-metals miner

The Caisse de dépôt et placement du Quebec is entering into an agreement with Osisko Mining Inc. to acquire 9,259,260 common shares at $2.70 per share. “We are very…

  • By: Staff
  • October 31, 2018 January 13, 2021
  • 09:15

Caisse launches program to support Quebec’s women entrepreneurs

La Caisse de dépôt et placement du Québec is launching an initiative to support the growth of companies owned by women. The program, Cheffes de…

  • By: Staff
  • October 29, 2018 January 13, 2021
  • 10:05
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Ivanhoé Cambridge acquires eco-friendly office building

Ivanhoé Cambridge, the real estate subsidiary of the Caisse de dépôt et placement du Québec, has acquired an office building in Nanterre, France. The building,…

  • By: Staff
  • October 29, 2018 January 13, 2021
  • 09:01
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Defined benefit pension returns flat in third quarter: surveys

Pension managers’ pooled funds posted meagre returns in the third quarter of 2018, according to Morneau Shepell Ltd.’s performance universe. Markets were less synchronized during the latter…

  • By: Staff
  • October 26, 2018 January 13, 2021
  • 16:45
CAAT wins pension performance award for membership growth strategy

CAAT wins pension performance award for membership growth strategy

The Colleges of Applied Arts and Technology pension plan’s plan to share its expertise with as many Canadian workers as possible nabbed it the award…

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Ontario Teachers’ makes three senior investment appointments

Three new senior appointments at the Ontario Teachers’ Pension Plan include new roles for Gillian Brown, Danilo Simonelli and Saurabh Rastogi. Brown will lead the pension fund’s capital markets group…

  • By: Staff
  • October 23, 2018 January 13, 2021
  • 15:00
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CPPIB invests in Brazilian hydro company in joint venture

The Canada Pension Plan Investment Board is acquiring a controlling stake in Companhia Energética de São Paulo, a Brazilian hydro-generation company, through a joint venture with Votorantim Energia. The 80.2…

  • By: Staff
  • October 22, 2018 January 13, 2021
  • 10:10
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NAV Canada pension sees investment opportunities, risks in ESG

Factoring environmental, social and governance considerations into investment decisions is good risk management, according to one pension plan sponsor. “Definitely for real assets, we see it…

CPPIB not yet interested in cannabis investments

The Canada Pension Plan Investment Board says it isn’t yet interested in making direct investments in Canada’s newly legalized recreational marijuana industry. Michel Leduc, global head of…

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Caisse ups stake in Indian solar company

The Caisse de dépôt et placement du Québec is increasing its investment in an Indian solar power company to 40 per cent. The Caisse is contributing US$100…

  • By: Staff
  • October 17, 2018 January 13, 2021
  • 10:09

Construction starts on Ivanhoé Cambridge’s California logistics centre

The Caisse de dépôt et placement du Québec’s real estate investment arm, Ivanhoé Cambridge, along with CapRock Partners, is announcing the start of construction for a Californian development in…

  • By: Staff
  • October 15, 2018 January 13, 2021
  • 16:00
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Ontario Teachers’ finances waste solutions merger, PSP parcels out stakes in ports

Following a recapitalization led by the Ontario Teachers’ Pension Plan and BC Partners, GFL Environmental Inc. is merging with Waste Industries. The two companies will…

  • By: Staff
  • October 12, 2018 January 13, 2021
  • 09:00
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Fintech deal kicks off Caisse’s equity partnership with Generation Investment

The Caisse de dépôt et placement du Québec is teaming up with Generation Investment Management to acquire General Atlantic’s and H.I.G. Capital’s investment in FNZ, a…

  • By: Staff
  • October 9, 2018 January 13, 2021
  • 10:31
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Caisse invests in travel app, PSP in British ports group

The Caisse de dépôt et placement du Québec is investing about $128 million in further supporting Hopper, a Montreal-based travel booking app. The app, which topped 30 million…

  • By: Staff
  • October 3, 2018 January 13, 2021
  • 15:30
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Canadian DB pensions reach highest solvency in nearly two decades

In the third quarter of 2018, Canadian defined benefit pension plans reached their highest solvency ratio of any quarter since November 2000, according to Mercer’s latest…

  • By: Staff
  • October 1, 2018 January 13, 2021
  • 16:00
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Ontario Teachers’ signs tobacco-free investment pledge

The Ontario Teachers’ Pension Plan has signed an agreement promising to divest from the tobacco industry as part of a wider pledge supported by multiple global…

  • By: Staff
  • September 26, 2018 January 13, 2021
  • 16:15
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PSP sells London mixed-used property post redevelopment

The Public Sector Pension Investment Board, together with its investment partner Tishman Speyer Properties, is selling a mixed-use property in the west end of London.…

  • By: Staff
  • September 26, 2018 January 13, 2021
  • 14:30