The British Columbia Investment Management Corp. is jointly sponsoring the launch of a company managing timberland assets located in the southeastern U.S. Together with the BTG Pactual Timberland Investment Group, the BCI will launch Caddo Sustainable Timberlands, which will manage 312,500 hectares of forests located in Texas and Louisiana. With the timberlands certified by the […]
The 2022 Defined Contribution Investment Forum, held virtually on Jan. 21, explored how generational priorities impact investment options and strategies, including the growing importance of environmental, social and governance factors; the introduction of liquid investments and real assets, helping all age groups set the right glide path to retirement; and ensuring communication reaches all plan members. […]
The Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board are part of a consortium acquiring an Australian infrastructure investment fund. The consortium, which also includes KKR, paid A$5.2 billion ($4.6 billion) to acquire all outstanding equities in Spark Infrastructure. The deal has been approved by Australian regulatory authorities. Spark’s assets provide electricity […]
The Caisse de dépôt et placement du Québec is increasing its stake in an energy company by 16.5 per cent. Following the transaction, the investment manager will control 80.9 per cent of Trencap, a limited partnership that controls Noverco Inc. The remaining shares in Trencap are held by the Fonds de solidarité FTQ, a Quebec-based […]
The Caisse de dépôt et placement du Québec is recapitalizing a U.S.-based medical services provider offering substance use disorders and mental-health treatments. The deal, between the Caisse and Crossroads Treatment Centers, is expected to accelerate the latter’s expansion into new U.S. markets, according to a press release. Private equity firm Revelstoke Capital Partners, another long-term […]
The Canada Pension Plan Investment Board is pursuing a new strategy that involves investing in businesses with high greenhouse gas emissions and a desire to reduce them. The strategy, which is published in a new report, aims to identify companies committed to creating value by lowering their emissions in a manner that’s consistent with the […]
Almost three-quarters (73 per cent) of global institutional investors expect interest rates to rise in 2022, according to a new outlook survey by Natixis Investment Managers. Concern about rising interest rates were also reflected in responses to questions about investment decision-making, with 71 per cent of respondents saying they believe the stock market’s current rate […]
The Ontario Teachers’ Pension Plan is acquiring a 50 per cent stake in a network of European ophthalmology clinics. The pension fund has entered a joint venture with French private equity investment firm PAI Partners to buy Veonet. Read: Ontario Teachers’ takes stake in autism therapy provider, Caisse entrusts properties to management firm The deal has been […]
Four undergraduates from the Copenhagen Business School have claimed the top prize at the 2021 McGill International Portfolio Challenge by designing a collective defined contribution plan aimed at balancing the needs of older and younger plan members. Since 2017, the MPIC has challenged university students around the world to propose solutions to societal issues. This […]
Oregon’s state employee retirement fund is coming under increased scrutiny as the U.S. state is facing increased calls for divestment from companies that have environmental, social and governance issues. Oregon residents are increasingly pushing for the state to divest from fossil fuel companies and other controversial investments, but the state treasury is resisting and putting […]