PSP Investments – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 26 Apr 2024 20:02:31 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Caisse buys stake in Quebec-based logistics operator, CPPIB sells stake in South Korean logistics joint venture https://www.benefitscanada.com/canadian-investment-review/alts/cppib-sells-stake-in-south-korean-logistics-joint-venture-psp-investments-adds-real-estate-partner-to-toronto-redevelopment-project/ Fri, 23 Feb 2024 20:00:45 +0000 https://www.benefitscanada.com/?p=152262 The Caisse de dépôt et placement du Québec is acquiring an equity stake in North American port terminal and logistics operator QSL International Ltd. The investment organization first invested in QSL in 2021 through loan deals. The deal is expected to close in mid-2024 and details of the transaction weren’t disclosed. “We are proud to take […]

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]]> Canadian pension funds make top 10 list for largest annualized 10-year returns: report https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-pension-funds-make-top-10-list-for-largest-annualized-10-year-returns-report/ Wed, 14 Feb 2024 14:00:21 +0000 https://www.benefitscanada.com/?p=151778 Three of Canada’s largest pension plans are among the top 10 pension funds that generated the largest compound annualized returns between 2013 and 2022, according to a report by data platform Global SWF. The report, which measured the compound annual growth rate of pension funds’ single-year investment returns between fiscal 2013 and fiscal 2022, found […]

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]]> IMCO, PSP Investments acquiring German renewable energy company https://www.benefitscanada.com/canadian-investment-review/alts/imco-psp-investments-acquiring-german-renewable-energy-company/ Thu, 17 Aug 2023 15:00:01 +0000 https://www.benefitscanada.com/?p=142234 A group that includes the Investment Management Corp. of Ontario, the Public Sector Pension Investment Board and private investment firm Sandbrook Capital is acquiring a German renewable energy company that specializes in acquiring and repowering onshore wind farms. As part of the transaction, the IMCO, PSP Investments and Sandbrook will commit up to US$750 million […]

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]]> How climate change and inflation are impacting agricultural investments https://www.benefitscanada.com/archives_/benefits-canada-archive/how-climate-change-and-inflation-are-impacting-agricultural-investments/ Fri, 11 Aug 2023 12:54:48 +0000 https://www.benefitscanada.com/?p=141895 Despite the prevalence of farming in its home province, the Alberta Investment Management Corp.’s agricultural portfolio is just 13 years old, the product of a 2010 investment in converted farmland held by Australian timber producer Great Southern Group. The properties proved too arid for tree growth and were converted back to croplands for canola, wheat […]

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]]> Five Canadian pension funds receive top scores for transparency: benchmark https://www.benefitscanada.com/pensions/governance-law/five-canadian-pension-funds-receive-top-scores-for-transparency-benchmark/ Wed, 19 Jul 2023 19:00:57 +0000 https://www.benefitscanada.com/?p=141197 Five Canadian pension funds are among the most transparent in the world, according to the global pension transparency benchmark, a collaboration between Top1000funds.com and CEM Benchmarking Inc. The benchmark, launched in 2021, measures the transparency of disclosures of 15 pension systems across measurements such as cost, governance, performance and responsible investing. The Canada Pension Plan […]

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]]> CPPIB acquiring experience management software company, PSP selling 10% stake in locomotive business https://www.benefitscanada.com/canadian-investment-review/alts/cppib-acquiring-experience-management-software-company-psp-selling-10-stake-in-locomotive-business/ Thu, 06 Jul 2023 16:00:00 +0000 https://www.benefitscanada.com/?p=140723 The Canada Pension Plan Investment Board is acquiring a significant stake in an experience management software provider. The investment organization and Silver Lake, a global private equity firm, are jointly acquiring Qualtrics for US$12.5 billion. The company designs cloud-based experience management tools used by more than 19,000 organizations. Following the acquisition, the company was de-listed […]

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]]> CPPIB, BCI backing agricultural acquisition; PSP allocating to thematic fund https://www.benefitscanada.com/canadian-investment-review/alts/cpp-bci-backing-agricultural-acquisition-psp-allocating-to-thematic-fund/ Thu, 15 Jun 2023 16:30:31 +0000 https://www.benefitscanada.com/?p=139838 The British Columbia Investment Management Corp. and the Canada Pension Plan Investment Board are backing an acquisition in the agricultural industry. Bunge Ltd., an oilseed and grain trader that generated US$67.23 billion in revenue in 2022, will take over privately held rival Viterra Ltd. Under the terms of a definitive agreement, Viterra shareholders will receive […]

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]]> PSP Investments returns 4.4% led by infrastructure investments https://www.benefitscanada.com/news/cir-news-news/psp-investments-returns-4-4-led-by-infrastructure-investments/ Thu, 08 Jun 2023 16:30:01 +0000 https://www.benefitscanada.com/?p=139553 The Public Sector Pension Investment Board is reporting a net return of 4.4 per cent for fiscal 2023. As of March 31, 2023, the investment organization had $243.7 billion in net assets under management, up 5.7 per cent from $230.5 billion at the end of the previous fiscal year. It also reported a 10-year annualized […]

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]]> Parliamentary subcommittee investigating Canadian public sector pension allocations to China https://www.benefitscanada.com/canadian-investment-review/emerging-global-markets-canadian-investment-review/parliamentary-subcommittee-investigating-public-sector-pension-allocations-to-china/ Thu, 11 May 2023 16:30:43 +0000 https://www.benefitscanada.com/?p=137726 Representatives from six of Canada’s largest public sector pension investment organizations addressed a special parliamentary committee on Monday. The special committee on the Canada–People’s Republic of China Relations called on the British Columbia Investment Management Corp., the Canada Pension Plan Investment Board, the Caisse de dépôt et placement du Québec, the Ontario Teachers’ Pension Plan […]

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]]> Integration of two PSP portfolio companies to help Ontario meet growing clean energy needs https://www.benefitscanada.com/canadian-investment-review/alts/integration-of-two-psp-portfolio-companies-to-help-ontario-meet-growing-clean-energy-needs/ Thu, 13 Apr 2023 16:30:43 +0000 https://www.benefitscanada.com/?p=136423 A Northern Ontario-based hydroelectric power company owned by the Public Sector Pension Investment Board is being integrated into another one of PSP Investments’ assets, a clean power producer, developer and energy storage company. The integration of H2O Power by FirstLight Power represents the latter’s first venture into the Canadian market and brings its combined portfolio to […]

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