The Caisse de dépôt et placement du Québec is investing US$500 million in Laboratorios Sanfer, an independent Mexican pharmaceutical company. The company, which currently maintains a presence in 25 countries, has been focusing on growth through acquisitions for the past two decades, according to a press release. The investment from the Caisse will enable further […]
Daniel Fournier, the chief executive officer of Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, is retiring in October. “As I look back at the last 10 years, I realize just how much we have accomplished at Ivanhoé Cambridge,” said Fournier in a press release. “We elevated this Quebec company […]
The Caisse de dépôt et placement du Québec is making a share capital investment in Quebec-based Golf Avenue. The investment will allow the online pre-owned golf equipment retailer to continue its U.S. and European expansions, add new technology to its digital platforms and increase its offerings by launching a platform dedicated to cycling equipment, according to […]
The Caisse de dépôt et placement du Québec, alongside Fengate Asset Management, is investing in eStruxture Data Centers. The Quebec-based data centre operator currently has five data centres, three in Montreal and two in Vancouver. The co-investment will allow the company to buy a new data centre from Shaw Communications Inc. in Calgary and help […]
SNC-Lavalin Group Inc. says an Ontario judge has cleared it to proceed with the $3.25-billion sale of a stake in the 407 toll highway, paving the way for the beleaguered company to pay off hundreds of millions in debt. The engineering giant says the Ontario Superior Court has dismissed an attempt by Cintra Global to […]
In the first half of 2019, the Caisse de dépôt et placement du Québec has earned an average return on depositors’ funds of 6.1 per cent, generating more than $18 billion in net investment results. “From a market perspective, we are living in roller coaster times,” said Michael Sabia, the fund’s president and chief investment officer, […]
The Caisse de dépôt et placement du Québec and Beaudier Inc. are among a group providing $500 million in private capital refinancing to Quebec-based McInnis Cement. Alongside a $200-million loan from the Caisse and Beaudier, a syndicate of 11 Canadian and international banks will be providing $300 million. The pension fund’s last investment in McInnis was $125 […]
Indian-based infrastructure conglomerate IndInfravit Trust, whose owners include the Canada Pension Plan Investment Board and the infrastructure investment arm of the Ontario Municipal Employees’ Retirement Plan, is buying nine operational road projects from Sadbhav Infrastructure Project Ltd. The portfolio of roads, which was valued at more that $66 million rupees, or about $1.2 billion, includes seven toll roads […]
The Caisse de dépôt et placement du Québec is leading a $40-million round of financing for Canadian virtual health-care platform Dialogue. Venture capital firm Holtzbrinck Ventures is also a leader in the financing, accompanied by First Ascent Ventures, Portag3 Ventures, White Star Capital, Walter Capital and National Bank of Canada. “This transaction aligns well with our Quebec investment strategy,” […]
The Caisse de dépôt et placement du Québec is partnering with private equity firm Australis Partners and the International Finance Corp., a part of the World Bank Group, to acquire 50 per cent stakes in Colombia-based Alianza Fiduciaria and Alianza Valores. Both firms are owned by Advent International, a British private equity firm. Alianza Fiduciaria is a […]