The infrastructure investment manager of the Ontario Municipal Employees Retirement System has joined a consortium that’s investing in Britain’s largest water company. OMERS’ Borealis Infrastructure and Wren House Infrastructure Management Ltd., the infrastructure investing arm of the Kuwait Investment Authority, will be acquiring a 26 per cent stake in Kemble Water Holdings Ltd. from Macquarie Infrastructure […]
Institutional investors are turning to riskier assets for better returns in order to cope with the current environment of low yields and volatile markets, according to a new study by Natixis Global Asset Management. Its survey of 500 global institutional investors with $15.5 trillion in assets found while increasing their exposure to riskier assets, organizations are still […]
The Ontario Teachers’ Pension Plan has announced a new partnership with a U.S.-based developer of clean-energy transmission projects. The partnership with Wakefield, Mass.-based Anbaric will create a new development company, Anbaric Development Partners, with the aim of refreshing aging transmission networks in North America through clean-energy infrastructure projects. While the Anbaric management team will lead the […]
The Ontario Pension Board and its partner Cadillac Fairview are set to begin construction of a new 32-storey office tower at 16 York St. in Toronto. The building, comprising 879,000 square feet of first-class office space, three underground parking levels with nearly 300 parking stalls and ground level retail space, is slated to open June […]
The Caisse de dépôt et de placement du Québec has invested $90 million in part of the construction of the Mont Sainte-Marguerite wind farm in the Chaudière-Appalaches region of Quebec. The project is being developed by Pattern Energy Group LP, along with three local municipalities: Sacré-Coeur-de-Jésus, Saint-Sylvestre and Saint-Séverin. The completed wind farm will have 46 turbines […]
Investors have long had a fascination with emerging markets and their prospect for higher growth rates, leading to a variety of investments in everything from bonds and equities, both public and private, to real estate, infrastructure and agriculture. Emerging market equities haven’t delivered on their expected promise, underperforming developed markets in the five-year period ending December 2016. […]
The Ontario Municipal Employees Retirement System improved its net investment return to 10.3 per cent at the end of 2016 compared to 6.7 per cent at the end of 2015, citing a strong performance from its public investments. The pension fund increased its net assets to $85.2 billion in 2016 from $77.1 billion in 2015, […]
Ivanhoé Cambridge, the real estate subsidiary of Caisse de dépôt et placement du Québec, is partnering with a diversified company based in India to invest in urban residential developers across the country. Ivanhoé Cambridge is allocating an initial $329.68 million in the investment, while Piramal Enterprises Ltd., which has a large presence in pharmacy, health-care […]
More than a third (34 per cent) of global institutional investors invest in four or more alternative asset classes, according to a new report by data and intelligence company Preqin Ltd. This represents a significant increase over the past 12 months as only a quarter of respondents invested in at least four alternative asset classes […]
The Canada Pension Plan Investment Board is acquiring a 24.5 per cent interest in an office tower and plaza in Houston, Texas for about $185 million. The properties are part of an office portfolio that comprises 11 office buildings totalling about 4.9 million square feet in office space. The portfolio’s owner, Parkway Inc. will continue […]