The Canada Pension Plan Investment Board is launching a growth equity team. The team, which will be led by Leon Pedersen as managing director and head of growth equity, will rely on some elements of the CPPIB’s traditional approach to private equity investing. This includes its focus on building direct relationships with promising companies before […]
Several of Canada’s largest pension funds have backed a proposal requesting that Amazon.com Inc. review how its actions against ongoing union organizing efforts align with its stated commitment to freedom of association and collective bargaining. The proposal by the Shareholder Association for Research and Education and the Catherine Donnelly Foundation was supported by the Alberta […]
Canada Pension Plan Investment Board generated returns of 6.8 per cent during its fiscal year, which ended on March 31, 2022. The institutional investor’s assets grew by $42 billion, rising from $497 billion to $539 billion. The $42 billion increase in net assets consisted of $34 billion in net income and $8 billion in net […]
The real estate arm of the Caisse de dépôt et placement du Québec is acquiring an 11.5 hectare warehouse in Germany. The facility — located in Hamburg, near Europe’s busiest freshwater freight port — serves as a distribution centre for the H&M Group, which will continue to lease the entire facility under its new ownership, […]
The Canada Pension Plan Investment Board is providing $300 million in credit to a global restructuring and investment advisory firm. The financing of Gordon Brothers, a Boston company that provides capital to businesses, will be delivered through the CPPIB’s subsidiary, CPPIB Credit Investments Inc. The funds will be used to fund capital investment offerings. In 2021, these offerings generated more […]
The Canada Pension Plan Investment Board is investing $31.25 million in a Toronto-based energy storage provider. Hydrostor Inc. provides utility integration services related to long-duration energy storage that enables grid operators to scale the renewable energy capacity of grids. The proceeds of the investment will be used to finance the development of compressed air energy […]
The Canada Pension Plan Investment Board is promoting Priti Singh to senior managing director and global head of capital markets and factor investing, effective May 2, 2022. In the new role, Singh will be responsible for leading the external portfolio management, active macro and quantitative strategies and risk premia groups. She takes over from Poul Winslow, […]
The Canada Pension Plan Investment Board is entering a joint venture to develop office space in major Indian cities. According to the terms of a deal reached with Tata Realty and Infrastructure Ltd., the joint venture seeks to developing a portfolio of yet-to-be-acquired properties with a targeted value of $800 million. The cities under consideration […]
The Canada Pension Plan Investment Board is investing US$425 million in an Indian content technology platform company. Following an initial equity investment of US$50 million in VerSe Innovation Private Ltd.’s previous funding round, the CPPIB was a lead investor in the latest round with a further US$375 million. Founded in 2007, the organization operates Dailyhunt, […]
The Canada Pension Plan Investment Board is partnering with New York-based data encryption firm Inpher Inc. to create a private network of asset managers and data contributors. The network will allow the CPPIB to derive insight from distinctive data sources to enhance investment research and generate returns above industry benchmarks, according to a press release, […]