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KKR among PE suitors for $6bn Cubico

Private Equity Wire

” Cubico, established in 2015 as a joint venture between PSP, OTPP, and Banco Santander SA, has grown into a major player in the renewable energy sector. The Canadian pension funds acquired Santanders stake in 2016, becoming equal owners. gigawatts (GW).

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World’s Top Pension Funds See the Largest Assets Decline in 20 Years

Pension Pulse

Willis Towers Watson put out a press release stating the world’s top pension funds see the largest assets fall in 20 years: North America now accounts for nearly half of assets in world’s 300 largest pension funds ARLINGTON, Va., increase in the assets of the largest 300 pension funds in the previous year.

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OTPP and PSP Investments Ready €7 Billion Sale of Cubico

Pension Pulse

Thomas Gualtieri and Dinesh Nair of Bloomberg report Canadian Pension Funds Ready €7 Billion Sale of Cubico: Canada’s Ontario Teachers’ Pension Plan and PSP Investments are about to kick off the sale of renewable energy company Cubico Sustainable Investments, according to people with knowledge of the matter. KKR & Co.

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Ivanhoé Cambridge’s Real Estate Binge Heading Towards a Reckoning?

Pension Pulse

Over the last decade, the real estate arm of Quebec’s $300 billion pension fund tore through U.S. billion in 2015 to buy the 1.2 In 2015 it also teamed up with the Blackstone Group to buy Stuyvesant Town and Peter Cooper Village for $5.3 The Caisse pension fund reported a -6.2 In New York, it paid $2.2

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APG and Ivanhoé Cambridge Back Scape's $658M Student Housing JV in Australia

Pension Pulse

APG had backed Scape’s earlier development joint ventures, which were established in 2015 and 2018, with Ivanhoe Cambridge having committed $649 million to the company’s core strategy in 2022.

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Digital Realty Trust (DLR) Q2 2023 Earnings Call Transcript

The Motley Fool

And third, we bolstered our total liquidity, which now stands at more than $4 billion and further diversified our capital sources and reduced our leverage well off of peak levels through more than $2 billion of dispositions and JVs and over $1 billion of equity issued under our ATM. Our reported leverage ratio at the quarter end was 6.8

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OTPP and PSP Investments Looking to Unload Cubico for $6 Billion

Pension Pulse

In 2015 the two funds partnered with Banco Santander SA (SAN.MC) to launch Cubico, and became equal owners after buying out the Spanish bank's stake the following year. The three firms launched the London-based renewable energy and water infrastructure company in May 2015. Ontario Teachers' has invested alongside major U.S.