Ontario Teachers’ Pension Plan – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 26 Apr 2024 20:02:31 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Ontario Teachers’ considers selling seniors’ residence operator, Ivanhoé Cambridge forms Australian student housing joint venture https://www.benefitscanada.com/canadian-investment-review/alts/ontario-teachers-considers-selling-seniors-residence-operator-ivanhoe-cambridge-forms-australian-student-housing-joint-venture/ Fri, 19 Apr 2024 19:00:26 +0000 https://www.benefitscanada.com/?p=154426 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. […]

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]]> How will growing anti-ESG sentiment in the U.S. impact Canadian institutional investors? https://www.benefitscanada.com/archives_/benefits-canada-archive/how-will-growing-anti-esg-sentiment-in-the-u-s-impact-canadian-institutional-investors/ Fri, 12 Apr 2024 12:56:50 +0000 https://www.benefitscanada.com/?p=154012 A growing wave of opposition to environmental, social and governance factors has turned life in the sustainable finance industry into something of a roller coaster over the last couple of years. But a little turbulence is to be expected, says Alyson Slater, managing director of sustainable investment at Manulife Investment Management, encouraging institutional investors to […]

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]]> Ontario Teachers’ gains minority stake in new alternative lender, UPP backs U.K. locomotive operator https://www.benefitscanada.com/canadian-investment-review/alts/ontario-teachers-gains-minority-stake-in-new-alternative-lender-upp-backs-u-k-locomotive-operator/ Mon, 01 Apr 2024 19:00:47 +0000 https://www.benefitscanada.com/?p=153640 The Ontario Teachers’ Pension Plan is gaining a minority stake in a new financial entity resulting from a merger between Fairstone Bank of Canada and Home Trust Company. The new group will have a national branch and broker network to offer residential and commercial mortgages, personal loans, credit cards, retail financing, auto financing, digital lending […]

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]]> Tim Deacon leaving Ontario Teachers’ for Sun Life Financial https://www.benefitscanada.com/notice/appointment-notice/tim-deacon-leaving-ontario-teachers-for-another-role/ Tue, 26 Mar 2024 19:00:10 +0000 https://www.benefitscanada.com/?p=153650 Tim Deacon is leaving his role as chief financial officer at the Ontario Teachers’ Pension Plan for a leadership role at another financial institution, effective April 5. Effective April 8, Deacon will begin a new role as Sun Life Financial Inc.’s chief financial officer. He joined the Ontario Teachers’ in 2021, succeeding David McGraw after serving as […]

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]]> CPPIB and Ontario Teachers’ reinvesting in India infrastructure fund https://www.benefitscanada.com/canadian-investment-review/alts/cppib-and-ontario-teachers-reinvesting-in-india-infrastructure-fund/ Fri, 22 Mar 2024 19:00:12 +0000 https://www.benefitscanada.com/?p=153489 The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are reinvesting in an infrastructure trust sponsored by the National Highways Authority of India. The CPPIB and the Ontario Teachers’ renewed their financial commitment to the infrastructure fund through a new capital raise, contributing $297 million and $298 million, respectively. The total respective […]

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]]> Ontario Teachers’ returns 1.9% for 2023 https://www.benefitscanada.com/canadian-investment-review/research-markets/ontario-teachers-returns-1-9-for-2023-buoyed-by-real-estate-public-equities-allocations/ Thu, 21 Mar 2024 13:00:44 +0000 https://www.benefitscanada.com/?p=153097 The Ontario Teachers’ Pension Plan is reporting a net return of 1.9 per cent for 2023, according to its latest annual report. The investment organization underperformed its benchmark return of 8.7 per cent, a 6.8 per cent difference or $15.8 billion in negative value add. In 2022, the plan beat the benchmark by 1.8 per […]

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]]> Ontario Teachers’ backs Indian financial software company, invests in German logistics assets https://www.benefitscanada.com/canadian-investment-review/alts/ontario-teachers-backs-indian-financial-software-company-invests-in-german-logistics-assets/ Fri, 15 Mar 2024 19:00:44 +0000 https://www.benefitscanada.com/?p=153141 The Ontario Teachers’ Pension Plan’s late-stage venture and growth investment arm is investing $80 million in India-based financial software company Perfios. The company serves the banking, financial service and insurance industries across 18 countries and will use the investment to expand its international footprint. As part of the transaction, Darius Vakil, a director at Teachers’ Venture […]

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]]> Ontario Teachers’ making key appointments on investment team https://www.benefitscanada.com/notice/appointment-notice/ontario-teachers-making-key-appointments-on-investment-team/ Wed, 06 Mar 2024 20:00:57 +0000 https://www.benefitscanada.com/?p=152775 The Ontario Teachers’ Pension Plan is making three key appointments to its executive team, effective immediately. Its appointing Bernard Grzinic as executive managing director of capital markets, Steve Saldanha as executive managing director of total fund management and Robert Sturgeon as senior managing director of global investment strategy. Read: Ontario Teachers’ making key appointments to […]

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]]> Caisse sells 1.3% of shares in insurance firm, BCI buys ownership stake in Australian agriculture operator https://www.benefitscanada.com/canadian-investment-review/alts/caisse-sells-1-3-of-shares-in-insurance-firm-bci-buys-ownership-stake-in-australian-agriculture-operator/ Thu, 29 Feb 2024 20:00:55 +0000 https://www.benefitscanada.com/?p=152500 The Caisse de dépôt et placement du Québec is selling 1.3 per cent of the issued and outstanding common shares it holds of insurance provider Intact Financial Corp. The investment organization will sell about 2.3 million shares at a price of $227.10 per share, resulting in gross proceeds of approximately $525 million. Once the transaction […]

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]]> Caisse acquires 80% stake in Japanese solar power plant, AIMCo opens New York office https://www.benefitscanada.com/canadian-investment-review/alts/caisse-acquires-80-stake-in-japanese-solar-power-plant-invests-125-million-in-digital-consultants-expansion-plans/ Fri, 16 Feb 2024 20:00:04 +0000 https://www.benefitscanada.com/?p=151839 The Caisse de dépôt et placement du Québec is acquiring an 80 per cent stake in a Japanese solar power generation plant alongside its portfolio company Shizen Energy Inc. The solar power plant generates 31 megawatts, or enough energy to power 7,850 homes, according to a press release. The Caisse first invested $186 million in the energy […]

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