The Caisse de dépôt et placement du Québec is investing $500 million in National Bank of Canada to support its acquisition strategy for Canadian Western Bank. The acquisition deal is worth $5 billion and will give National Bank a presence in Western Canada. Following the Caisse’s investment in National Bank, it will become the second […]
The Caisse de dépôt et placement du Québec’s $200 million loan to Gildan Activewear Inc. is in question amid a dispute within the company on the appointment of a new executive leader and the formation of a new board of directors, according to a report by the Canadian Press. Chief executive officer Glenn Chamandy told […]
The Canadian private equity market raised $4 billion through 140 deals in the first quarter of 2024, a 52 per cent increase in deal values from the previous quarter, according to a new report by the Canadian Venture Capital & Private Equity Association. It found the average deal size in the Canadian private equity market […]
The Caisse de dépôt et placement du Québec is participating in a share capital increase deal with Alstom, a sustainable transportation solutions company. The investment organization, which currently holds a 17.4 per cent stake in the company, will receive a pro-rata share of the capital increase for a total amount of €173.8 million. The Caisse […]
The Caisse de dépôt et placement du Québec is among a group of investors providing up to €750 million in financing to Vantage Data Centers. The Caisse and Ares Management are each contributing up to €300 million, while Schroders Capital’s private debt and credit alternatives team is contributing up to €150 million. The investment will […]
The Caisse de dépôt et placement du Québec and Gildan Activewear Inc. have reached an agreement that will see the Montreal-based apparel manufacturer issue $200 million in senior unsecured notes on a private placement basis to the investment organization. Gildan will issue notes with an annual interest rate of six per cent and will mature […]
The Ontario Teachers’ Pension Plan is considering selling Amica Senior Lifestyles in a deal that could be worth $5 billion, according to report by Bloomberg. The Ontario Teachers’ acquired the senior luxury residence operator in 2015 through a transaction by its subsidiary BayBridge Seniors Housing Inc., which includes more than 30 assets in British Columbia and Ontario. […]
The Caisse de dépôt et placement du Québec is reporting $53 billion in low-carbon assets, including $15 billion in Quebec, representing an overall increase of $35 billion in low-carbon assets since 2017, according to the investment organization’s latest sustainable investing report. It found the investment organization has more than $330 billion in assets with a […]
The Canada Pension Plan Investment Board is investing up to $40 million in the creation of a real estate investment platform dedicated to purpose-built student accommodation opportunities in Europe. The new group is being created through the CPPIB’s acquisition of Nido Living (which will be a wholly owned but independently-operated portfolio company), as well as its […]
The Caisse de dépôt et placement du Québec is appointing Rana Ghorayeb as executive vice-president and head of real estate, effective April 29, 2024. She’ll oversee the overall Ivanhoé Cambridge portfolio and investment team, which has assets of over $77 billion. Ghorayeb joined the Caisse in 2012 and previously served as president and chief executive officer of Otéra […]