Sun Life Financial Inc. is acquiring the remaining interests in global real estate investment management advisor BGO and global alternative credit investment manager Crescent Capital Group, in deals valued at $1.59 billion and $829 million, respectively. Read: Custom investment services preferred by asset owners, but can be costly for managers: report According to a press […]
Two of Canada’s largest pension funds are named in a US$4.6 billion class action by the employees of a New Zealand-based software company. About 200 financial technology workers at FNZ launched a lawsuit alleging the Caisse de dépôt et placement du Québec, CPP Investments and other institutional investors “used their control of the FNZ board […]
Major Canadian banks and pension funds provided tens of billions of dollars to American contractors for the U.S. Immigration and Customs Enforcement agency, an investigation by the non-profit Stand.earth has found. The group’s analysis of loan and share data found Canadian financial institutions backed multiple companies that have major contracts with ICE to provide equipment […]
The Caisse de dépôt et placement du Québec and Brookfield are acquiring renewable energy firm Boralex Inc. in a take-private deal, for a total equity value of roughly $3.8 billion. Together, Brookfield and the Caisse will acquire all issued and outstanding Class A common shares in Boralex at a price of $37.25 in cash per […]
More than half (55 per cent) of global institutional investors think the financial reporting they receive from private market managers needs to improve, a percentage that increases to 70 per cent among U.S. investment organizations, according to a new report by Crisil Coalition Greenwich. The report, which is based on interviews with 362 institutional investors […]
The infrastructure arm at the Ontario Municipal Employees’ Retirement System is appointing Luca Lupo as senior managing director and head of Europe, effective immediately. Lupo joined the OMERS in 2022 as part of the infrastructure team. In this new role he will lead the regional team based in London and will oversee regional origination activities […]
An article on the structural barriers Indigenous women continue to face in workplace retirement plans and benefits programs was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Indigenous women face persistent barriers to workplace retirement, benefits plans: expert 2. […]
The majority (85 per cent) of U.S. institutional asset owners rely on consultants to oversee manager selection, performance monitoring, asset allocation and even outsourced chief investment officer services, according to a new report by Crisil Coalition Greenwich. The report found the consulting industry has been reshaped following significant consolidation, adoption of the OCIO model, increased […]
The Caisse de dépôt et placement du Québec is partnering with Sagard Real Estate to pursue an industrial outdoor storage investment strategy across major U.S. infill markets. The partnership has an initial target gross asset value of $490 million with the option to scale through further commitments, according to a press release. The new platform […]
The Ontario Teachers’ Pension Plan achieved a 6.7 per cent net investment return as at Dec. 31, 2025, resulting in a total investment income of $18.5 billion. The investment organization’s total net assets increased to $279.4 billion at the end of last year, compared to $266.3 billion in 2024. The Ontario Teachers’ said the plan […]