The Caisse de dépôt et placement du Québec is entering the digital currency sector by joining a US$400 million investment round for a cryptocurrency earning and borrowing platform. Alberta-based WestCap Group Inc. is the other co-lead investor in the funding round for Celsius Network, a blockchain-based investment platform aimed at high-net-worth retail and institutional investors. Read: AIMCo […]
The Caisse de dépôt et placement du Québec is launching a suite of financing solutions and support services designed to appeal to Quebec’s mid-market companies. Ambition ME is designed to support high-growth potential companies requiring between $5 million and $75 million financing in order to take them to their next stage of growth. The Caisse […]
More than 20 financial organizations in Quebec, including the Caisse de dépôt et placement du Québec and the Public Sector Pension Investment Board, are joining forces to tackle the climate emergency. The initiative, the Statement by the Quebec Financial Centre for a Sustainable Finance, aims to affirm Quebec’s leadership in sustainable finance and the financial institutions’ […]
The Ontario Teachers’ Pension Plan is entering into an agreement to buy a bank that offers reverse mortgage solutions. The acquisition of HomeQ Corp., the parent company of HomeEquity Bank, from Birch Hill Equity Partners Management Inc. and other minority shareholders, is subject to regulatory approvals, which are expected to take place in the first […]
Eight Indigenous groups and an Alberta-based energy company are becoming the co-owners of a pipeline in which the Alberta Investment Management Corp. has a majority stake. The TC Energy Corp. is selling its 15 per cent stake in the Northern Courier Pipeline, which transports bitumen along a 90 kilometer route between Fort Hills Mine and […]
The Ontario Teachers’ Pension Plan is investing in an Australian insurance distribution company. The pension fund acquired a 33.4 per cent stake in Greenstone and is now an investor alongside the Caisse de dépôt et placement du Québec, which first invested in the Australian company in 2016. Read: AIMCo investing in Australian agriculture firm, CPPIB in […]
The Public Sector Pension Investment Board is buying a majority stake in a passenger rail sector business it’s been invested in for the past 13 years. According to the terms of the deal, PSP Investments and asset management company Amber Infrastructure Group Holdings Ltd. will buy a 51 per cent stake in Angel Trains Ltd. […]
The Alberta Investment Management Corp. is investing in an Australian agricultural company. The AIMCo and Australian investment management firm New Forests Ltd. will co-own Lawson Grains. The company produces more than 200,000 tonnes of cereals and vegetable oils per year. It operates out of about 100,000 hectares of farmland spread across New South Wales and Western […]
The Caisse de dépôt et placement du Québec is taking a majority share in a California-based digital platform development company. The Caisse secured the shares in Wizeline Inc. through a transaction with the British private equity fund Apax Partners LLP. Wizeline, which was founded in 2014 as a cloud product development company, is also known […]
The Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board are part of a consortium making a binding offer to buy an Australian infrastructure investment company. The deal, which also includes the Toronto-based Kohlberg Kravis Roberts and Co., values the Spark Infrastructure Group at about AU$ 5.2 billion ($4.8 billion). It has already […]