The private equity arm of the Ontario Municipal Employees Retirement System is selling a business software company to investment manager Partners Group for $1.72 billion. Founded in Britain, Civica provides software, digital solutions and technology-based outsourcing services to public and private sector organizations around the world. The pension fund acquired Civica in 2013 and will […]
Top managers see global alternative assets rise to $5 trillion: survey
A US$2 billion fund loses big money in oil
Caisse de dépôt et placement du Québec is helping Cogeco Communications Inc. acquire a network of cable systems in the United States with an equity investment of US$315 million. In return, the institutional investor will gain a 21 per cent interest in the Canadian communications company’s subsidiary, Atlantic Broadband, which is the ninth-largest cable operator […]
An Ontario pension fund is investing close to home by taking a stake in a provider of pension administration services. OPSEU Pension Trust announced today it’s making a private equity investment in James Evans & Associates Ltd. The Vancouver-based company currently provides pension services to OPTrust and has had a relationship with the pension plan […]
Caisse de dépôt et placement du Québec is investing $2.6 billion to create an aircraft leasing and financing platform with GE Capital Aviation Services. The two companies will use the platform to acquire modern aircraft from airline companies and lease them back to the same companies under long-term leases. GE Capital Aviation Services will source […]
CBRE Group Inc. is acquiring a majority interest in Toronto-based investment management business Caledon Capital Management Inc. Upon closing, Caledon will be renamed CBRE Caledon Capital Management Inc. and will operate as a separate business unit under CBRE’s independently operated investment management subsidiary, CBRE Global Investors. With experience in infrastructure and private equity investing, many […]
The Alberta Investment Management Corp. is investing in Calgary-based oil and gas company Ikkuma Resources Corp. through a $45-million financing deal. According to the agreement, AIMCo will provide a second lien loan at an annual interest rate of 7.25 per cent. In turn, AIMCo can purchase up to 6,750,000 common shares of the company for 86 cents each […]
The Public Sector Pension Investment Board has launched a European hub focused predominantly on private equity, private debt, infrastructure and real estate. The London, England-based office, which has 28 professionals, is part of an effort aimed at strategic, industry-specialized investments across Europe, according to a news release. Read: PSP Investments’ assets generated 1% return in […]
The Caisse de dépôt et placement du Québec is emphasizing global investments even as it noted the impact of political uncertainty in its newly released annual report for 2016. Read: Caisse focuses on ‘all-terrain portfolio’ as return drops to 7.6% “The year 2016 was anything but boring. After years of growth fuelled by low interest […]