The Canada Pension Plan Investment Board is providing $300 million in credit to a global restructuring and investment advisory firm. The financing of Gordon Brothers, a Boston company that provides capital to businesses, will be delivered through the CPPIB’s subsidiary, CPPIB Credit Investments Inc. The funds will be used to fund capital investment offerings. In 2021, these offerings generated more […]
The British Columbia Investment Management Corp. returned 16.5 per cent for its combined pension plan clients and increased its assets under management from $171.3 billion to 199.6 billion in the year ended March 31, 2021. In its annual report, the investment manager said the $28.3 billion increase of assets under management reflected investment gains of […]
Concordia University has launched a sustainable bond, with the aim of financing its share of the university’s new science hub while generating environmental and social benefits as defined by the United Nations Sustainable Development Goals. The issuance amounts to $25-million worth of debt at just over 3.6 per cent, functioning as a 20-year senior unsecured bond. […]