The Healthcare of Ontario Pension Plan posted a 10.88 per cent return for 2017, up very slightly on its 10.4 per cent return in 2016 and exceeding its portfolio benchmark by 2.99 per cent or $2 billion. According to the pension fund’s annual results, it also maintained its funded status at 122 per cent, its investment […]
Eighty per cent of global institutional investors were invested in alternative assets in 2017 and more than half (52 per cent) were invested in three or more alternative asset classes, according to new research by Preqin Ltd. The asset classes with the highest engagement in 2017 were real estate (59 per cent) and private equity (58 per cent), […]
The majority of global institutional investors are expecting 2018 to bring more volatility in both the stock (78 per cent) and bond markets (70 per cent), according to a new survey by Natixis Investment Managers. “They do anticipate volatility coming back to the market, and they’re really trying to make sure they’re positioned for when it […]
The Caisse de dépôt et placement du Québec and the Fonds de solidarité FTQ are providing equity to help Groupe Solmax Inc. acquire Houston-based GSE Environmental Inc. Groupe Solmax, a Canadian-based producer of polyethylene geomembranes for industrial and environmental applications, has purchased GSE Environmental, a geosynthetics manufacturer, from private equity firm Littlejohn & Co. and certain funds held by investment manager […]
The private equity arm of the Ontario Municipal Employees Retirement System and Boston-based investment firm Berkshire Partners have agreed to sell Husky Injection Molding Systems Ltd. to funds overseen by Platinum Equity for $4.9 billion. Husky is an Ontario-based company whose primary business consists of manufacturing industrial technology for the plastics industry, particularly injecting molding applications. OMERS and Berkshire Partners bought the company in […]
Institutional investors should anticipate next year to be one of increasing volatility.
Fiera Capital Corp. affiliate Fiera Comox has appointed Patrick Lynch as a partner in its private equity team. Lynch joins Fiera from Caisse de dépôt et placement du Québec, where he was head of funds and partnerships. Before that, he was head of funds and global investment partnerships at an Abu Dhabi-based sovereign fund. Read: Caisse invests in Canadian […]
The majority of global institutional investors anticipate 2018 will be a year of increasing volatility in both the bond (70 per cent) and stock (78 per cent) markets, according to Natixis Investment Managers. Its latest survey, which polled 500 institutional investors in North America, Latin America, Europe, Asia and the Middle East, found that 72 per cent of […]
The Caisse de dépôt et placement du Québec is investing more than $507 million in British insurer Hyperion Insurance Group Ltd. The investment will provide new growth equity and liquidity to current shareholders, noted a news release from the Caisse, which will now be a minority shareholder in the company alongside U.S. investment firm General Atlantic. Hyperion […]
The Caisse de dépôt et placement du Québec, along with several other investors, has raised $180 million for Canadian venture capital firm Real Ventures, bringing its total funds under management to $330 million. Along with the new investment, repeat funding is coming from the Business Development Bank of Canada, Investissement Quebec Inc. and Teralys Capital, with new […]