The British Columbia Investment Management Corp. is appointing Jon Salon as executive vice-president and global head of private equity, effective Feb. 2, 2026. Salon first joined the BCI’s private equity team in 2024 as senior managing director and global head of health care. He succeeds Jim Pittman, who has led the program since 2016 and is […]
Nearly all (97 per cent) of fees paid by institutional investors go to active managers, virtually unchanged from 2023 (98 per cent), according to a new report by Callan. The report analyzed mandates run by more than 300 investment firms for nearly 180 institutional investors, representing US$784 billion in assets under management and $1.9 billion […]
CPP Investments is pursuing investments in medical outpatient buildings through a new a joint venture with IRA Capital and an undisclosed global institutional investor. The investment organization will own a 47.5 per cent stake in the joint venture and allocated US$143 million of equity capital in the partnership. The joint venture will have an expected […]
A survey of older Canadian employees by the National Institute on Ageing at Toronto Metropolitan University was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. 22% of older Canadians have saved $5,000 or less for retirement: survey 2. […]
Over the last 80 years, the TTC Pension Plan has grown from a contribution of $250,000 and a small team within the Toronto Transit Commission to a Maple Middle pension fund with close to $10 billion and a team of 42 people serving 28,000 members. “We’ve built a model where we’ve tried to learn from […]
After an eventful 2025, there are several developments and trends affecting Canadian defined benefit pension plan sponsors in 2026. Focus on investment strategy Major equity markets performed well in 2025, which was a key driver for another year of improved funded positions for many DB pension plans. Although most pension plans are well funded today, […]
An article on Skip’s enhanced fertility and mental-health coverage was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Skip delivering enhanced fertility, mental-health coverage 2. Caisse acquiring minority stake in private credit platform, Ontario Teachers’ joins funding round […]
After another significant year of performance in the Canadian private equity market, 2026 is poised for another period of strong deal-making volumes, says Patrick Shea, partner and co-head of the national private equity group at McCarthy Tetrault. He sees 2026 as a strong year, like 2025 and 2024 before, based on the number and size […]
The British Columbia Investment Management Corp. is seeing higher returns in the private equity market following the adoption of an environmental, social and governance lens, according to a new study from the investment organization. The report’s co-author, Evan Greenfield, managing director and head of ESG for the private equity arm at the BCI, wants other […]
The Canada Pension Plan Investment Board is entering a 50/50 €8 billion European data centre partnership with Australian firm Goodman Group. The new business partnership has an initial total capital commitment of €2.2 billion to develop a portfolio of data centre projects in Frankfurt, Amsterdam and Paris. According to a press release, construction on these […]