fintech – Benefits Canada.com

AIMCo-backed venture acquiring U.K. rental assets, OMERS buying stake in drug royalty rights

Gideon Scanlon — Tue, 19 Jul 2022 16:30:40 +0000

The Alberta Investment Management Corp. is part of a joint venture acquiring a portfolio of U.K.-based residential apartment assets under construction. In a deal reached with Angelo, Gordon and Co., the joint venture, which also includes Ridgeback Capital Management, will secure five under-construction apartment complex properties. The portfolio includes properties in Birmingham, Cardiff and Sheffield, […]

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Caisse venture capital hub partners with innovative funds, Ontario Teachers’ backs AI-powered credit platform

Gideon Scanlon — Thu, 10 Mar 2022 18:20:46 +0000

The Caisse de dépôt et placement du Québec’s venture capital hub is partnering with seven venture capital funds representing $8.6 billion in assets under management. Espace CDPQ, which targets innovative businesses in the credit sector, will partner with five Canadian firms — Accelia Capital, Amplify Capital, BKR Capital, Fonds Ecofuel and Framework Venture Partners — […]

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DeFi poses technological, regulatory challenges for institutional investors: expert

Gideon Scanlon — Thu, 27 Jan 2022 16:45:03 +0000

While blockchain-based decentralized finance technology has a lot to offer institutional investors, taking full advantage of these tools will require significant technological and regulatory hurdles to be overcome, says Andreas Park, professor of finance at the Rotman School of Management. “There’s lots of cool things you can do in the DeFi space. There’re genuinely new […]

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CPPIB-backed fintech stock rebounds after disappointing IPO

Gideon Scanlon — Tue, 30 Nov 2021 14:00:10 +0000

Shares in a Canada Pension Plan Investment Board-backed financial technology company have rebounded following a disastrous first week on the Bombay Stock Exchange. In the four days that followed One97 Communication Ltd.’s Nov. 18 debut, its stock price dropped by more than 37 per cent. By Nov. 29, following the release of a third quarter report […]

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Finding yield and diversification opportunities in small-balance credit

mschmit — Tue, 22 Dec 2020 05:02:31 +0000

Small-balance credit—a subset of alternative credit gaining traction in the United States as fintech makes modest consumer and business loans more investable—could be a yield generator for institutional investors. In addition, this type of credit could be a solid diversification tool, says Colin Kilgour, principal at Kilgour Williams Capital in Toronto. His firm runs the […]

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Ontario Teachers’ investing in financial crime-prevention technology company

mschmit — Tue, 28 Jul 2020 08:53:49 +0000

ComplyAdvantage, a technology company focused on detecting and preventing financial crime, is closing a US$50 million series C round of funding that was led by the Ontario Teachers’ Pension Plan. The Ontario Teachers’ is investing through its Teachers’ Innovation Platform, which makes late-stage venture and growth equity investments in companies that use disruptive technology. The […]

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Tech platform helping connect institutional investors with private credit opportunities

mschmit — Mon, 06 Jul 2020 04:30:59 +0000

In the current low-yield environment, many pension funds are looking for alternatives to fixed income to earn the returns required to pay pension obligations. The answer for some may be private credit. “We like private credit because we see a lot of excess yield compared to the same risk and return that you can achieve […]

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How will technology change investment landscape going forward?

mschmit — Tue, 16 Jun 2020 05:09:39 +0000

While technological change is accelerating at a rapid rate, the financial system isn’t keeping pace, says Campbell Harvey, professor of finance at Duke University’s Fuqua School of Business. Traditional systems make it difficult for those trying to raise capital or invest. Yet new technology is coming to market that can resolve many barriers and dramatically […]

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Canadian VC activity continues to rise: report

mschmit — Fri, 07 Feb 2020 03:05:12 +0000

Canadian venture capital funding continues to rise for the third year in a row, according a report from MoneyTree Canada Over the course of 469 deals in 2019, Canadian VC-backed companies raised US$4.1 billion, representing a 16 per cent rise in capital raised from 2018, but an 11 per cent drop in deal activity. “Canadian […]

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Machine learning is the new world of statistics

mschmit — Wed, 16 Oct 2019 04:38:09 +0000

Traditionally, all finance students had to learn statistics, and, in the future, this will likely shift into finance students requiring machine learning, said John Hull, professor of finance and Maple Financial Group Chair in derivatives and risk management at the University of Toronto’s Rotman School of Management. “It’s not that our students are actually going […]

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