While the integration of environmental, social and governance factors is becoming more prevalent in discussions about institutional investing, there’s more work to do when it comes to alternative investments. “Private equity is all about value creation,” said Martha Tredgett, Canadian representative for LGT Capital Partners Ltd., during an event hosted by the Canadian chapter of […]
The Caisse de dépôt et placement du Québec is joining the Quebec government and Investissement Québec in financing a distribution facility for retailer La Maison Simons. The Caisse’s investment totals $27 million, with $17 million coming from Investissement Québec. In addition, the Quebec government is lending Simons $81 million, $51 million of which is for the purchase of automated […]
As the May 31 deadline approaches for Kinder Morgan Canada Ltd. to abandon the Trans Mountain pipeline expansion, federal Finance Minister Bill Morneau is suggesting other investors, including pension plans, should be looking to enter the project. While the premiers of British Columbia and Alberta remain at odds over the pipeline, Morneau told reporters at […]
The Caisse de dépôt et placement du Québec and the Ontario Teachers’ Pension Plan are part of a consortium of investors acquiring global energy service provider Techem GmbH. Joined by private equity firm Partners Group and Techem’s management team, the consortium is buying the Germany-based company from Macquarie European Infrastructure Fund 2, which acquired it in […]
The Ontario Teachers’ Pension Plan is selling its majority stake in apparel company Helly Hansen to Canadian Tire Corp. Ltd. After six years of ownership of the Oslo-based designer and marketer of outdoor and work apparel, Ontario Teachers’ is selling its stake in the company that owns and operates Helly Hansen for $985 million. “Over […]
The Ontario Teachers’ Pension Plan is part of an investor group that has reached an agreement to recapitalize Toronto-based environmental services company GFL Environmental Holdings Inc. In an effort led by private equity firm BC Partners LLP, the transaction implies a total GFL value of about $5.1 billion. The company is a North American provider of diversified environmental services, […]
The Public Sector Pension Investment Board is making a number of new investments, including acquiring a Quebec-based wind power facility and a portfolio of real estate in British Columbia and investing in a video telematics company from California. The pension fund, alongside Pattern Energy Group Inc., is acquiring Mont Sainte-Marguerite Wind, a 147.2 megawatt wind power facility outside […]
The Ontario Pension Board posted a return of 10.8 per cent in 2017, an increase on its return of 8.1 per cent in 2016. The pension fund’s investment income for the year was $2.5 billion, up from $1.75 billion in 2016. Its net assets were $26.4 billion, an increase from the end of 2016 when they sat at $24.4 […]
The OPSEU Pension Trust posted a 9.5 per cent return for 2017, an increase on its six per cent return in 2016 and its eight per cent return in 2015. “We were strong across all the asset classes,” says Hugh O’Reilly, president and chief executive officer of OPTrust, noting the fund saw a 22.9 per cent return in public equities […]
The plan posted a return of 10.88% and maintained funded status.