Keyword: PSP Investments

71 results found
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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 […]

PSP invests in telecommunications, CPPIB in biopharmaceuticals

The Public Sector Pension Investment Board is entering a definitive agreement with Loral Space & Communications Inc. and Telesat Canada to combine the two telecommunications businesses into a new Canadian public company. The PSP will own a 36.7 per cent interest in New Telesat as a result of the merger, expected to close in the […]

  • November 24, 2020 January 19, 2021
  • 15:00
PSP investing in U.K. real estate, OTPP issuing green bond

The Public Sector Pension Investment Board and Aviva Investors are jointly funding a new office building in Cambridge, England. The six-storey building has been fully pre-let to a flexible workspace provider, according to a press release that noted construction is expected to be completed in 2023. It’s the latest investment in Cambridge real estate by […]

  • By: Staff
  • November 23, 2020 January 19, 2021
  • 15:30
PSP investing in reinsurer, OMERS acquiring HVAC company

The Public Sector Pension Investment Board is part of a group investing $1 billion in Convex Group Ltd., a specialty insurer and reinsurer. In April 2019, Convex launched with $1.7 billion of committed capital. Its initial invested capital was raised from its management team, Onex Partners V, the PSP and a consortium of co-investors. The additional capital has been committed by the original investors, […]

  • By: Staff
  • November 20, 2020 January 19, 2021
  • 09:01
CPPIB ups U.K. logistics allocation, PSP invests in Paris real estate

The Canada Pension Plan Investment Board is allocating an additional £300 million of equity to investments in the U.K.’s logistics sector. The investment is taking place via the Goodman U.K. partnership, which was established in 2015, with Goodman Group and APG Asset Management each allocating the same amount. The CPPIB has entered similar partnerships with […]

  • By: Staff
  • November 5, 2020 January 19, 2021
  • 15:00
BCI and partners’ real estate fund completes $805 million closing, PSP invests in insurance-linked strategy

A real estate fund created by the British Columbia Investment Management Corp., QuadReal Property Group and RBC Global Asset Management Inc. is receiving $805 million in equity commitments from Canadian institutional and individual investors. The second round, which closed on Oct. 30, 2020, exceeded subscription targets and comes on the heels of the initial closing […]

  • By: Staff
  • November 5, 2020 January 19, 2021
  • 09:10
BCI and partners’ real estate fund in $805M closing, PSP in insurance-linked strategy

A real estate fund created by the British Columbia Investment Management Corp., QuadReal Property Group and RBC Global Asset Management Inc. is receiving $805 million in equity commitments from Canadian institutional and individual investors. The second round, which closed on Oct. 30, 2020, exceeded subscription targets and comes on the heels of the initial closing of $1.25 […]

  • By: Staff
  • November 4, 2020 November 4, 2020
  • 15:00