The Public Sector Pension Investment Board is among investors taking part in a $250-million round of financing for Tradeshift, a global supply chain digital payments company. With the new round of financing, co-led by Goldman Sachs and totalling $400 million, the company is aiming to help buyers and suppliers digitize their trade transactions. “Given the rapid increase in […]
The Ontario Teachers’ Pension Plan and the California Public Employees’ Retirement System are expressing their support for the U.S. Security and Exchange Commission’s proposal for a transaction fee pilot. In a letter to the SEC indicating their support, along with the support of several other Canadian and U.S. public plans, the funds argued that technical advancements and regulatory changes […]
The Caisse de dépôt et placement du Québec is joining the Quebec government and Investissement Québec in financing a distribution facility for retailer La Maison Simons. The Caisse’s investment totals $27 million, with $17 million coming from Investissement Québec. In addition, the Quebec government is lending Simons $81 million, $51 million of which is for the purchase of automated […]
How big data can help with investment selection
Institutional investors are keeping an eye on the political instability in Italy as premier-designate Carlo Cottarelli prepares to present his ministerial picks and the market opened down 1.8 per cent on Tuesday. Last week, Italy’s president Sergio Mattarella invited the anti-establishment Five Star Movement and the League, formerly known as the Northern League, to form a coalition […]
The Caisse de dépôt et placement du Québec and the Ontario Teachers’ Pension Plan are part of a consortium of investors acquiring global energy service provider Techem GmbH. Joined by private equity firm Partners Group and Techem’s management team, the consortium is buying the Germany-based company from Macquarie European Infrastructure Fund 2, which acquired it in […]
Global institutional investors’ assets under management rose 7.3 per cent in 2017 to US$36.2 trillion, the largest increase in five years, according to the Official Monetary and Financial Institutions Forum. The London, England, and Singapore-based independent think-tank’s report tracks 750 global public pension, sovereign funds and central banks, holding assets equivalent to 45 per cent of the […]
The Caisse de dépôt et placement du Québec is increasing its stake in Chicago-based Invenergy to a 52.4 per cent ownership of the company. The company has developed renewable energy projects producing about 14,000 megawatts of power, including wind and solar power generation facilities, as well as advanced energy storage, around the world. “CDPQ is leading […]
The Canada Pension Plan Investment Board posted a net annual return of 11.6 per cent as the end of its fiscal year on March 31, 2018. Adding $39.4 billion to its overall holdings, the fund now boasts $356.1 billion in assets under management. The increase included a $36.7-billion return after all expenses and $2.7 billion in […]
The carbon footprint of Bâtirente’s overall equities portfolio is 35 per cent lower than its benchmark, according to a report by the Quebec-based pension fund. The report also shows that the carbon footprint for Bâtirente’s three equity funds — global, small-cap and Canadian — is lower than their respective benchmarks. In the case of the small-cap fund, it […]