The Investment Management Corp. of Ontario has closed three private equity fund commitments totalling $1 billion. The three funds are: Kohlberg Investors IX, which aims to make control investments in North American middle-market companies in the business services, consumer, industrial manufacturing, health care and financial services sectors: Nordic Capital X, which aims to make control investments […]
The private equity market was on a hot streak coming into 2020 and despite the economic wreckage caused by the coronavirus, fundraising has generally held up, said Jamie Becker, counsel for private equity and pension fund investments at Torys LLP, when speaking at the Canadian Investment Review’s 2020 Global Investment Conference in September. “There was […]
As institutional investors increase allocations to alternative investments, it becomes increasingly challenging to understand risk. A new paper, co-authored by Spencer Couts, assistant professor of real estate at the University of Southern California; Andrei S. Goncalves, an assistant professor of finance at the University of North Carolina; and Andrea Rossi, an assistant professor of finance […]
The OPSEU Pension Trust is investing in Environmental 360 Solutions Inc., an eco-friendly waste management solutions company headquartered in Napanee, Ont. Furthering its commitment to responsible investing, the investment signals that environmental, social and governance factors remain a part of the pension fund’s long-term vision, noted a press release. “We are very pleased to announce our […]
The Ontario Teachers’ Pension Plan is leading a new US$360 million equity investment in a Singapore-based data centre developer. Founded in 2017, Princeton Digital Group has a current portfolio of 18 centres across China, India, Indonesia and Singapore. Global private equity firm Warburg Pincus LLC is also participating in the investment. “We’re excited to invest in […]
The Ontario Municipal Employees Retirement System’s infrastructure arm is selling its interest in the Detroit River tunnel partnership to Canadian Pacific. The sale, which will give CP full ownership of the rail tunnel, is expected to generate approximately US$312 million for the OMERS. “We are very proud of the value we have created with this […]
Manulife Investment Management Holdings (Canada) Inc. has been named to the Principles for Responsible Investment’s PRI leaders’ group 2020 in recognition of its ‘cutting edge’ practices in climate reporting, one of 36 signatories honoured this year. In its assessment, the PRI awarded Manulife Investment Management an A+ in the areas of strategy and governance, equity […]
The Canada Pension Plan Investment Board is selling its 50 per cent interest in the first phase of a real estate development in London, England. Phase one of Nova Victoria, a five-building, mixed-use development adjacent to London’s Victoria mainline and underground stations, was finished in April 2017. The sale, to Singapore’s Suntec Real Estate Investment Trust, is […]
The Caisse de dépôt et placement du Québec is among the investors raising $55 million in financing for Onapsis, an application cyber security and compliance company. The investment, alongside NightDragon Security and existing investors .406 Ventures, LLR Partners Inc. and Arsenal Venture Partners, will be used to significantly scale the company through expansion into the applications market, according to […]
The Ontario Municipal Employees Retirement System’s private equity arm is leading a $100 million round of Series E funding for Dialpad Inc. Dialpad provides businesses with a mobile communications platform that covers phone systems, conferencing and call centre needs. Its technology allows it to provide real-time transcription services, automated note-taking and live sentiment and voice […]