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 […]
The Caisse de dépôt et placement du Québec, alongside private equity firm Novacap, is part of a partnership helping Eddyfi Technologies acquire NDT Global. Headquartered in Dublin, NDT Global supplies inline inspection for ultrasonic pipelines and data analysis for onshore and offshore pipelines. Combined, Eddyfi and NDT Global will have more than 1,000 employees in global 20 offices. Read: Caisse part of […]
The British Columbia Investment Management Corp. is buying a stake in U.K.-based investment analytics provider ClearMacro Ltd. The company provides analytics tools designed for asset managers and other professional investors. “BCI has, in recent years, firmly established our in-house investing capabilities across asset classes,” said Mihail Garchev, vice-president of total fund management at the BCI, in a press […]
Discovering moments of mispricing is the soul of generating active returns, says Wylie Tollette executive vice-president of client portfolio solutions at Franklin Templeton Investments. But some investors, eager to discover opportunities to add alpha to their portfolio mix, may accidentally harness so many sources that their efforts to diversify actually hinder the benefits of doing […]
The British Columbia Investment Management Corp. is acquiring a significant minority stake in Waterlogic, a company that designs, manufactures, distributes and services purified drinking water dispensers. The investment is providing Waterlogic with capital to support growth and become a leader in bottleless workplace hydration. “We are pleased to be working alongside a talented management team […]
Private equity firms appear to be having a tough time attracting younger talent to their teams and an even tougher time getting that talent to stick around, according to EY’s 2020 global private equity survey report. More than half (60 per cent) of those surveyed by EY said they experience some difficulty in attracting employees […]
The investment industry has been talking a lot about our position in the economic cycle and our proximity to a recession. In fact, I wrote about it last year with respect to interest rates and the economy. The current situation remains somewhat tenuous, with ever-present geopolitical tensions, rising populism (and hence protectionism), slowing global economic growth, monetary […]
The Caisse de dépôt et placement du Québec is joining Placements CMI and Fonds de solidarité FTQ to take on equal ownership of multiple assets from private equity firm American Industrial Partners. The transaction will come to more than $840 million and includes all of Canam Group’s Canadian operations and some U.S. and overseas assets. The group specializes in […]
There are some major disruptions and challenges facing humanity. But, where there are challenges, there can also be opportunities. One example of a disruptive trend is aging, with people living longer. “That’s going to have, I think, pretty big implications for pension plans because we’re going to have to keep paying those benefits even more […]
The Canada Pension Plan Investment Board is investing US$20 million in Fusion Pharmaceuticals Inc., a Hamilton, Ont.-based precision oncology company. The funds will go towards expanding the use of the company’s radiopharmaceutical platform, which attaches medical isotopes to targeting molecules to kill solid tumour cells. Read: CPPIB, BCI taking stakes in separate health-care technology companies “CPPIB’s investment reflects […]