The Healthcare of Ontario Pension Plan grew its assets to $79 billion in 2018, up from $77.8 billion at the end of 2017. However, the plan’s funded status fell slightly to 121 per cent, down from 122 per cent the previous year. It eked out a positive 2.17 per cent return in 2018, beating its benchmark, which returned […]
The Caisse de dépôt et placement du Québec has led a series D financing totalling US$150 million for Mofang Apartments, an institutional rental company based in Shanghai, China. “As a long-term investor, [the Caisse] seeks to be a constructive shareholder, working together with the management and partners to build good companies,” said Meng Ann Lim, […]
The Caisse de dépôt et placement du Québec, along with Altas Partners, is selling Capital Vision Services. West Street Capital Partners VII, a fund managed by Goldman Sachs’ merchant banking division, will be taking on the U.S. company, which provides management services for MyEyeDr.’s optometry practices. Read: AIMCo investing in Alberta pipeline, Caisse taking on shares in mining company “CVS […]
From the end of 2015 to the end of 2017, impact investing in Canada has grown by 81 per cent, representing $14.75 billion, according to a new report by the Responsible Investment Association. “Like any pre-teen, impact investing currently sits on the edge of youthful maturity,” said Kelly Gauthier, RIA board member and managing director of impact advisory at […]
The Caisse de dépôt et placement du Québec ended 2018 with a return of 4.2 per cent, beating its benchmark portfolio, which returned 2.4 per cent, and bringing the portfolio to a net asset total of $309.5 billion. “In 2018, our investment strategy was put to the test. For the first time in several years, global stock […]
The Caisse de dépôt et placement du Québec is making investments totalling $127 million to two new funds formed by iNovia Capital, a Quebec venture capital firm. Initially, the Caisse will invest $100 million towards the fund targeting growing technology companies, while the remaining $27 million will be set aside for iNovia Capital’s startup fund. Read: […]
As alternative investments become ubiquitous among institutional portfolios, harnessing the right strategies will make all the difference in an environment where returns are proving harder to find, said John Gray, partner at Adams Street Partners. “In a world where everybody needs return . . . people are ramping up their allocations to private equity,” he […]
As alternative investments become ubiquitous among institutional portfolios, harnessing the right strategies will make all the difference in an environment where returns are proving harder to find, said John Gray, partner, Adams Street Partners at an event hosted by CI Institutional Asset Management on Wednesday. Private equity “In a world where everybody needs return . […]
Following years of steady, globally synchronized growth, volatility is back. In the final weeks of 2018, North American stock markets were especially hectic, posting losses in December to round out a relatively challenging year. Virtually every asset class, with the notable exception of commodities, has done well over the past decade, says Bert Clark, president […]
The Caisse de dépôt et placement du Québec, together with the the Fonds de solidarité FTQ, is providing the Cirque du Soleil Entertainment Group with a US$120 million credit facility. With the new financing, Cirque du Soleil is acquiring the Works Entertainment, a U.S.-based, medium-scale theatre production company. Already a shareholder of Cirque du Soleil, the Caisse intends to […]