Greystar Real Estate Partners is joining the Canada Pension Plan Investment Board and Cyrela Brazil Realty in a joint venture that will develop, own and operate purpose-built multifamily rental housing in São Paulo, Brazil. The platform and partnership, first created by the CPPIB and Cyrela in November 2019, continues to target an investment of up […]
ComplyAdvantage, a technology company focused on detecting and preventing financial crime, is closing a US$50 million series C round of funding that was led by the Ontario Teachers’ Pension Plan. The Ontario Teachers’ is investing through its Teachers’ Innovation Platform, which makes late-stage venture and growth equity investments in companies that use disruptive technology. The […]
The value of total global assets under management grew by 15 per cent in 2019, with institutional investors’ assets reaching $52 trillion, according to a report from the Boston Consulting Group. The growth was primarily driven by market performance, contributing to about three-quarters of the expansion in 2019. Looking to specific asset classes, alternative products […]
The Canada Pension Plan Investment Board is strengthening its partnership with property group Lendlease through an agreement to invest in a new building in south London. The CPPIB is set to invest about £40 million, or 50 per cent of the total investment, with Lendlease supplying the rest. “The fundamentals continue to support the Build-to-Rent […]
A joint-venture formed in 2019 by the Ontario Municipal Employees Retirement System, along with Altice, Allianz Capital Partners and AXA Investment Managers’ real assets division, is gearing up to purchase wholesale fibre operator, Covage. The venture, SFR FttH, has made an exclusivity agreement regarding Covage for a total cash consideration of €1 billion, with the […]
While investors may remember playing with LEGO during childhood, it’s unlikely they’ve ever thought to include it in their portfolios. However, LEGO could possess some genuinely attractive defensive properties as an alternative asset class, according to a paper by researchers at the University of Northumbria at Newcastle. “People have been collecting rarities and luxury items […]
While the amount of alternative assets in institutional portfolios is holding relatively steady, the type of investments making up allocations to alternatives are shifting. Current allocations to alternatives rose just one per cent to 25 per cent since 2018, according to the latest research from EY. While hedge funds remain the largest contributor to the […]
Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, is acquiring a strategic equity stake in German real estate vehicle, Golden Capital. Focusing on manage-to-core office investments, Golden’s portfolio consists of 39 properties in major German cities. The vehicle is run by asset manager, Lianeo Real Estate. “This investment […]
The Caisse de dépôt et placement du Québec is investing a further US$75 million in Azure Power Global Ltd., an independent solar power developer in India. Once the deal is approved by Azure shareholders, the investment will raise the Caisse’s stake in the company, from 41.4 per cent to 49.4 per cent. In October 2018, […]
New research from Greenwich Associates has found that institutional players have allocated US$47 billion to liquid alternative exchange traded funds, comprising a fair chunk of their allocation to liquid alternatives overall, which comes to US$882 billion. That said, only about one in 10 institutions have experience investing in liquid alternative ETFs. “However, about the same […]