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Keyword: PSP Investments

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Copyright_Pedro Antonio Salaverrìa Calahorra_123RF

The Caisse de dépôt et placement du Québec is one of two organizations investing a total US$940 million in Phoenix Tower International, a U.S.-based wireless communications infrastructure provider. The investment will fund the company’s expansion in Europe as well as further growth in new and existing markets. The other investor is AMP Capital, an Australia-based […]

  • By: Staff
  • May 21, 2021 May 20, 2021
  • 09:00

The New Democratic Party tabled a motion on March 22 that would immediately turn Revera Inc. — a company that runs more than 500 seniors’ homes in Canada, the U.S. and the U.K. — from a for-profit chain wholly owned by the Public Sector Pension Investment Board into a publicly managed entity. The motion calls on the […]

Copyright_jakobradlgruber_123RF

The Public Sector Pension Investment Board is among the investors in a new fund by Greensoil PropTech Ventures, a Toronto-based property-technology company. The fund, which sits at approximately US$50 million out of a US$100 million target, will invest in technologies to make the real estate industry more profitable and sustainable, according to a press release. […]

  • By: Staff
  • March 18, 2021 March 18, 2021
  • 17:25
Copyright_Kittikorn Nimitpara_123RF

The Caisse de dépôt et placement du Québec and DP World have signed a US$1.2-billion deal to start the construction of an international container port and industrial logistics park in Indonesia. Under the agreement with Indonesia’s Maspion Group, the Caisse and DP World said DP World Maspion East Java will become the sole operator of […]

Copyright_jovannig_123RF

Canada’s pension system was ranked first overall among 15 countries in the Global Pension Transparency Benchmark. It ranked Canadian funds first in governance, citing the “global reputation for superior performance and governance excellence” of Canada’s five largest funds, namely the British Columbia Investment Management Corp., the Caisse de depot et placement du Québec, the Canada […]

  • By: Staff
  • February 23, 2021 February 24, 2021
  • 15:00
PSP investing in real estate, Caisse in accessibility aids

The Public Sector Pension Investment Board is entering a $700-million joint venture investing in single-family rentals in the U.S. The new venture with Pretium Partners will initially fund units across major markets in the southeastern and southwestern U.S., according to a press release. Read: PSP selling stake in European rail lessor, investing in health-care technology […]

  • By: Staff
  • February 1, 2021 February 16, 2021
  • 09:00
PSP selling stake in European rail lessor, investing in health-care technology company

The Public Sector Pension Investment Board is selling its stake in Alpha Trains, a Europe-based lessor of locomotives and passenger trains. The PSP, which has invested in Alpha Trains since 2008, will sell its interest to the PGGM Infrastructure Fund, a Netherlands-based cooperative pension fund service provider. “Alpha Trains is a unique business with a […]

  • By: Staff
  • January 15, 2021 April 14, 2021
  • 09:01
Caisse investing in Taiwan wind farm, CPPIB in Indonesian logistics venture

The Caisse de dépôt et placement du Québec and local investor Cathay PE are jointly acquiring a 50 per cent interest in the Greater Changhua 1 Offshore Wind Farm, a 605-megawatt facility in Taiwan. The majority of the approximately $3.4-billion deal will be used to pay for the engineering, procurement and construction services for the […]

  • By: Staff
  • January 5, 2021 April 14, 2021
  • 09:00
Public sector union pressuring PSP to ‘pull out’ of all long-term care investments

The Public Service Alliance of Canada is reiterating a call for its pension investment manager to divest its ownership in Revera Inc. over the company’s safety record during the coronavirus pandemic, saying the fund should “pull out of the business of long-term care” altogether. The public sector union, which represents 140,000 public sector pension plan members, first said […]

Pension fund managers calling for stronger ESG disclosure

A group of Canadian pension plan investment managers is calling on companies to standardize their environmental, social and governance disclosure to help them in their investment decision-making and better assess and manage their risks. Together, the eight fund managers oversee a total of about $1.6 trillion in assets and are committing to strengthening ESG disclosure within […]