The Caisse de dépôt et placement du Québec is investing in Vooban, a Quebec-based supplier of applied artificial intelligence services. The investment will aid Vooban’s growth through expansion plans in Ontario and the U.S, according to a press release, which noted the company currently has 135 employees, but is planning to expand by 30 per cent. The […]
Since joining the real estate investment arm of the Caisse de dépôt et placement du Québec in 2017, Michèle Hubert has held many titles — five, to be exact. “My career is much more consistent than that makes it sound,” says Hubert, Ivanhoé Cambridge’s chief operating officer. “I’ve always been involved in strategy and I’m […]
The Caisse de dépôt et placement du Québec is selling its ownership stake in a U.S.-based insurance and consulting firm. Through the agreement, the investment organization will sell more than 50 per cent of its shares in USI Insurances Services to USI and investment firm KKR Co. & Inc. The Caisse and KKR jointly acquired […]
The Canada Pension Plan Investment Board has laid off at least five investment professionals at its Hong Kong office as it steps back from deals in China, according to a report by Reuters. Most of the employees were on the fund’s private equity team and were informed early last month, said the report, citing three […]
The Caisse de dépôt et placement du Québec’s infrastructure arm is making key appointments on its management team, effective Sept. 5. CDPQ Infra, which acts as a principal contractor for major public infrastructure projects, is appointing Daniel Farina as the organization’s managing director; Sophie Lussier as executive vice-president and head of corporate services, organization performance and […]
The Caisse de dépôt et placement du Québec is reporting a net return of 4.2 per cent for the first half of 2023. The result is a small increase from its established benchmark portfolio of 4.1 per cent. As of June 30, 2023, the investment organization had $424 billion in net assets, a 5.3 per […]
Despite the prevalence of farming in its home province, the Alberta Investment Management Corp.’s agricultural portfolio is just 13 years old, the product of a 2010 investment in converted farmland held by Australian timber producer Great Southern Group. The properties proved too arid for tree growth and were converted back to croplands for canola, wheat […]
The Ontario Teachers’ Pension Plan is entering into a definitive agreement to sell its majority shareholding in Ireland’s national lottery operator. The pension fund is selling Premier Lotteries Ireland Ltd., which is headquartered in Dublin, to La Française des Jeux, a lottery and online gaming operator for an undisclosed amount. As part of the transaction, PLI’s other […]
Five Canadian pension funds are among the most transparent in the world, according to the global pension transparency benchmark, a collaboration between Top1000funds.com and CEM Benchmarking Inc. The benchmark, launched in 2021, measures the transparency of disclosures of 15 pension systems across measurements such as cost, governance, performance and responsible investing. The Canada Pension Plan […]
The Caisse de dépôt et placement du Québec is investing in a Quebec-based company that develops, sells and rents pre-fabricated modular buildings for the educational market. According to a press release, the investment will enable AMB Modulaire, in which Lise Bernier and Jacques Latreille have been shareholders for more 15 years, to finalize the transfer process […]