The Caisse de dépôt et placement du Québec and Samsung Securities Ltd. are signing a memorandum of understanding for joint investments.

The pension fund and the South Korean investment bank have been ramping up their global infrastructure investments, according to a press release. Through the memorandum, the two parties intend to jointly explore further infrastructure investments.

Read: Caisse investing in data centre operator, telecom infrastructure

“I am pleased to sign this MOU with CDPQ, a leading global institutional investor equipped with solid expertise, abundant experience and extensive networks,” said Seok-hoon Chang, chief executive officer of Samsung Securities. “We look forward to finding various joint investment opportunities with CDPQ for infrastructure assets in a variety of countries across the globe.”

Copyright © 2019 Transcontinental Media G.P. Originally published on benefitscanada.com

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