Real estate investment trusts are offering Canadian pension funds diversified commercial real estate exposure during uncertain period for overall real estate strategy, says John Worth, executive vice-president of research and industry outreach at the National Association of REITs. The investment vehicle is increasingly providing investors with access to new and emerging property sectors like data […]
The Caisse de dépôt et placement du Québec is buying a 49.9 per cent equity interest in Canadian wireless tower infrastructure operator Terrion LP for $1.26 billion. As part of the transaction, the investment organization is getting a stake in the firm and its general partner, Terrion GP Inc., from Telus Corp. Terrion is based […]
Private capital is increasingly needed to fund the vast infrastructure investment requirements of many Organisation for Economic Co-operation and Development countries today, according to Daniel Sausmikat, capital formation partner at InfraRed Capital Partners, during a session supported by SLC Management at the Canadian Investment Review’s 2025 Endowment & Foundation Investment Forum. This form of funding […]
A new partnership between the Public Sector Pension Investment Board and BCE Inc. was built out of an ongoing dialogue and a desire to support “Canadian champions” in their growth ambitions, says Sandiren Curthan, managing director and global head of infrastructure investments at PSP Investments. “The broad picture, is that fibre penetration is lower in […]
The Public Sector Pension Investment Board is creating a new long-term strategic partnership with BCE Inc. The new partnership, named Network FiberCo, will accelerate the development of fibre infrastructure in underserved U.S. markets through telecommunications firm Ziply Fiber. PSP Investments is allocating a potential commitment of more than US$1.5 billion. The business partnership is expected […]
The Ontario Teachers’ Pension Plan is selling its remaining 19.9 per cent free cash flow interest held in a mining asset to New Gold Inc. The transaction of the New Afton mine will net the investment organization US$300 million. Last year, the Ontario Teachers’ reduced its stake from 46 per cent to 19.9 per cent […]
The Caisse de dépôt et placement du Québec is buying a 30 per cent indirect stake in the Ohio subsidiary of energy firm AES Corp. for nearly US$546 million. This is the Caisse’s second investment in the utilities company, after first investing in AES Indiana. The investment doesn’t grant the Caisse with a change in […]
The Canada Pension Plan Investment Board is joining an investment group acquiring Italian telecommunications provider NetCo. The investment organization will acquire a 17.5 per cent stake of the company for up to $2.9 billion. The deal, which also includes Kohlberg Kravis Roberts and Co. (a subsidiary of the Abu Dhabi Investment Authority), Italian infrastructure fund F2i […]
A joint venture that saw the Canada Pension Plan Investment Board and Blackstone Inc. acquire a 20 per cent stake in a senior mortgage loan portfolio from the failed Signature Bank for US$1.2 billion was the biggest mergers and acquisitions transaction in the fourth quarter of 2023, according to a report by S&P Global Market Intelligence. […]
The Caisse de dépôt et placement du Québec is investing in telecommunications provider Cogeco Communications Inc. The investment organization will now hold $350 million worth of capital in the Quebec-based firm after purchasing a block of shares owned by Rogers Communications Inc. Cogeco Communications provides internet, video and telephone services in Quebec, Ontario and 13 […]