The Caisse de dépôt et placement du Québec is appointing Martin Longchamps as executive vice-president and head of private equity, effective Nov. 14, 2022. Based in the Caisse’s Montreal office, Longchamps will be responsible for the investment organization’s international private equity portfolio, which includes investments in various sectors around the world. Before joining the Caisse, […]
The Caisse de dépôt et placement du Québec alongside several partners are participating in a US$120 million Series B funding round for a global job search platform. The new funding will allow Talent.com to further expand to further its platform by improving the relevancy and efficiency of the search experience for job seekers, according to a […]
The Healthcare of Ontario Pension Plan is investing in a Toronto-based fintech company offering an alternative to payday loans. The HOOPP joined the Business Development Bank of Canada as a participant in a $210 million funding round for Koho Financial Inc. The funds raised will be used to expand Koho’s workforce from 250 to 400 […]
The Caisse de dépôt et placement du Québec and Fondaction are committing $4.5 million to a Canadian venture capital fund dedicated to Black-led businesses. BKR Capital, formerly known as Black Innovation Capital, is opening an office in Montreal at Espace CDPQ, a venture capital hub created by the Caisse. Launched in 2021, the fund aims to invest […]
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 Canada Pension Plan Investment Board is entering a joint venture to develop, acquire and manage rental communities in the U.S. The agreement, between the CPPIB and Greystar Real Estate Partners, involves a combined capital commitment of US$840 million. Profits from the joint venture will be unevenly split, with the CPPIB entitled to a 95 […]
The Healthcare of Ontario Pension Plan and Swiss Re Investments Holding Co. Ltd. are purchasing common shares in a Canadian property and casualty insurance company in its initial public offering. The gross proceeds from Definity Financial Corp.’s IPO are expected to be about $2.1 billion. The IPO is being made in connection with the conversion […]
The Caisse de dépôt et placement du Québec is investing in a Canadian mortgage broker. The investment in M3 Financial Group will allow the organization to continue its strategic growth plan around acquisitions and help expand its digital footprint, according to a press release, which noted the mortgage broker most recently acquired Pinch Financial, a technology […]
The Caisse de dépôt et placement du Québec is investing in a fund focused on supporting innovative technology companies. The New York-based White Star Capital, a multi-stage global technology investment platform, raised $360 million from investors during an investment round for its most recent flagship fund. The platform, which projected securing $300 million from investors, […]
The Ontario Teachers’ Pension Plan is putting its investment dollars and its Teachers’ Innovation Platform to use for a cryptocurrency exchange. During a funding round hosted on the Ontario Teachers’ TIP, FTX Trading Ltd. received just over $420 million from investors, driving up the company’s valuation to $25 billion. The Ontario Teachers’ were among 69 […]