Private Equity Wire

JANUARY 28, 2025

” 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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Private Equity Wire

DECEMBER 15, 2023

Since inception in 2015, Vistara has raised over $500m, primarily from non-institutional sources such as family offices, entrepreneurs, and private foundations, predominantly based in British Columbia. The closing was completed in 4 weeks from launch and was anchored by increased commitments from existing Vistara limited partners.

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Private Equity Insights

DECEMBER 13, 2023

Since inception in 2015, Vistara has raised over $500m, primarily from non-institutional sources such as family offices, entrepreneurs, and private foundations, predominantly based in British Columbia. The closing was completed in 4 weeks from launch and was anchored by increased commitments from existing Vistara limited partners.

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Funds Bidding Private Equity Firms Private Equity Firms 130

Pension Pulse

MARCH 4, 2025

Ontario Teachers first invested in Amica in 2010 and took the company private in a deal with management in 2015. In 2015, Ontario Teachers and management completed a transformational take-private acquisition, adding 25 properties to the portfolio. This report by The Canadian Press was first published March 3, 2025.

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Private Equity Wire

OCTOBER 31, 2024

Hassana Investment Company, the investment manager of Saudi Arabia’s $320bn General Organization for Social Insurance (GOSI) pension fund, is to allocate up to $500m in Brookfield Asset Management’s new Middle East-focused private equity fund.

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Private Equity Firms Private Equity Firms Pension Funds Buyout 74

Pension Pulse

APRIL 30, 2024

The original private equity investment vehicle, formed more than a decade ago, is at the end of its life and other Aspenleaf shareholders are rolling their stakes into a continuation fund. But the Ontario pension fund has decided it would rather exit now, the people said. according to a statement at the time.

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Pension Pulse

OCTOBER 22, 2024

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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Pension Pulse

FEBRUARY 12, 2025

Layan Odeh of Bloomberg reports CPPIB plows at least $5 billion into private equity in three months: Canada Pension Plan Investment Board poured at least $5 billion into private equity in the last three months of 2024 as the asset class regained appeal. 31, according to Bloomberg calculations. billion 10-year net return of 9.2%

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Pension Pulse

AUGUST 12, 2024

Former Conservative chancellor Jeremy Hunt also wanted to build a Canadian-style pensions model in Britain, but progress had been slow. Reeves has announced a review, overseen by the new pensions minister Emma Reynolds, to look into how to achieve scheme consolidation and put pension funds to use in promoting UK growth.

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Pension Pulse

SEPTEMBER 3, 2024

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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Pension Pulse

JULY 24, 2023

pension fund, has only about 11% of its assets invested in private equity, while Norway’s oil fund, one of the world’s largest wealth funds, has no investments in private equity at all. If I were running a pension fund, I would be very careful about what was being offered to me. For example, Sen.

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Pension Funds Private Equity Firms Private Equity Firms Investing 88

Pension Pulse

AUGUST 14, 2023

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.

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Pension Pulse

MAY 23, 2024

But what’s even more relevant, he says, is that with $88 billion now invested in a province with a GDP of nearly $500 billion, “the Caisse is the pension fund that is the most invested, in the world, in its local economy.” More than ever, Canada’s largest pension funds are being pressed to play the same role in the rest of the country.

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Pension Pulse

NOVEMBER 27, 2023

“The federal government believes that continued domestic investments by Canada’s pension funds have the potential to boost Canada’s economy and create good careers for people across the country.” The statement said government would work with pensions to find and encourage more investments in Canada.

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Pension Pulse

APRIL 9, 2024

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.

Pension Funds 59

Pension Funds Education Leveraging Assets 59

Pension Pulse

JUNE 4, 2024

These may be brown firms that have committed to align with the 2015 Paris Agreement or firms that haven’t yet made the pledge but are equipped to engage with investors. As far as transition assets, there are opportunities for pension funds to earn great returns but it's a much longer process and requires a lot more work.

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Pension Funds Investing Assets Education 59

Pension Pulse

SEPTEMBER 19, 2024

In 2008, during the GFC, he joined CPP Investments working in the Total Portfolio Management group (now Total Fund Management) before moving into Private Investments. In February 2021, he was appointed President & CEO of CPP Investments.

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Investing Pension Funds Capital Portfolios 59

Pension Pulse

AUGUST 8, 2023

Mr. Hill will join OMERS in September, the public pension fund announced Wednesday, and report to Ralph Berg, who took over as the chief investment officer in April. The fact that other large Canadian pension funds keep poaching talent away from CPP Investments tells you how much talent there is there. billion ($3.72

Venture Capital 52

Venture Capital Capital Pension Funds Startups 52

Pension Pulse

MARCH 18, 2024

Already when she joined Ivanhoé Cambridge as Chief Financial Officer in 2015, the real estate group had 1,500 employees. There were dramatic markdowns of unlisted real estate assets in the second half of the year and this is worth noting as Canada's large pension funds prepare to report their results.

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Pension Funds Assets Portfolios Debt 59

Pension Pulse

JUNE 3, 2024

And the focus of pension funds and other asset managers needs to squarely be on opportunities in the transition economy. billion watts of electric capacity – the highest amount of electric capacity under construction the industry has seen since 2015. How can pension funds take part in the new nuclear revolution?

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Securities and Exchange Commission (SEC) Pension Funds Investing Asset Management 59

Pension Pulse

SEPTEMBER 20, 2023

Oxford boasts a well-established commitment to sustainability and decarbonization, having achieved a 37 per cent reduction in its portfolio carbon intensity in 2021 (vs 2015 base year), surpassing its public goal of a 30 per cent reduction in carbon intensity by 2025. Canada's pension funds saw the writing on the wall before the pandemic hit.

Pension Funds 59

Pension Funds Banks Best Practices Assets 59

Pension Pulse

SEPTEMBER 5, 2023

Caledonia acquired 7IM in 2015, and the firm has since acquired a number of regional wealth managers as smaller firms look to consolidate amid regulatory and cost pressures. 7IM was acquired by Caledonia in September 2015 and has grown both organically and through acquisition. According to Reuters , Evercore advised 7IM on the deal.

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Stakes Asset Management Assets Financial Services 59

Pension Pulse

MAY 22, 2024

Ian Bickis of The Canadian Press reports CPP Investments earned 8 per cent in latest fiscal year, net assets rose to $632 billion: Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 Our original investment was made in 2015.

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Investing Pension Funds Stakes Assets 59

The Motley Fool

SEPTEMBER 6, 2023

It's such an interesting case to me because these earplugs were manufactured from 2003 until the mid-2015, I believe, and 3M bought the company that made them in 2007. Whenever you get news and whenever you get bounds put around something, even if the news is bad, that becomes a known as opposed to something that you guess at.

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Pension Pulse

JULY 26, 2023

United Nations (UN) processes which led to the Paris Agreement on climate change in 2015 and the Kunming-Montreal Global Biodiversity Framework in December 2022 (5) clearly see business as both part of the problem and the solution. The British Academy study is not unique in citing the negative role of business in causing ecological damage.

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Asset Management Assets Capital Finance 52

Pension Pulse

SEPTEMBER 17, 2024

utility firm AES Corp said on Tuesday it would sell a 30% indirect equity interest in its Ohio subsidiary to Canada's second-largest pension fund CDPQ for $546 million, which will be used to support infrastructure investments. Reuters also reports AES Corp to sell interest in Ohio unit for $546 million: U.S.

Securities and Exchange Commission (SEC) 59

Securities and Exchange Commission (SEC) Stakes Investing Pension Funds 59

Tucker Advisors

SEPTEMBER 27, 2021

“GM Unloads $26 Billion in White-Collar Pensions; Could Union Workers Be Next?” Kimberley-Clark buys annuities to cover pension risks” Business Insurance; Feb. 23, 2015 [link]. Molson Coors transfers $900 million in pension liabilities” Pensions & Investments; Dec. Forbes; June 1, 2012 [link]. 4, 2017 [link].

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Pension Pulse

MAY 8, 2023

No pension fund wants to invest in private companies that abuse immigrant children. In addition to his $150 million gift to Yale for a student life hub in 2015, Schwarzman donated $350 million to the Massachusetts Institute of Technology in 2018 for the Schwarzman College of Computing.

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Due Diligence Education Pension Funds Mutual Funds 52

Fortune Financial

AUGUST 7, 2023

between 2015 and the end of 2021. trillion in 2015 to$13.32 Alternative investments, such as real estate, private equity, hedge funds, commodities, private credit, structured notes and cryptocurrencies, introduce a new level of diversification that can help protect your portfolio during market fluctuations.

Hedge Funds 52

Hedge Funds Due Diligence Portfolios Leveraged Buyouts 52

Fortune Financial

AUGUST 7, 2023

between 2015 and the end of 2021. trillion in 2015 to$13.32 Alternative investments, such as real estate, private equity, hedge funds, commodities, private credit, structured notes and cryptocurrencies, introduce a new level of diversification that can help protect your portfolio during market fluctuations.

Hedge Funds 52

Hedge Funds Due Diligence Portfolios Leveraged Buyouts 52

The Motley Fool

AUGUST 3, 2023

Just thinking the Layer 2 solutions have been around now, I think Lightning was started back in 2015. Brian Armstrong -- Co-Founder and Chief Executive Officer Yeah, it's a good question because if I go back to 2015, I probably would have thought it would have happened faster. And it was very nascent. So, it really runs a wide gamut.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Assets Legal Shareholders 100

The Motley Fool

JULY 27, 2023

helping to drive the best same capital cash NOI growth that we have seen since I joined Digital Realty in 2015. And look, we continue to see strong interest across the board, so not just PE shops, but we see infrastructure funds, sovereign wealth funds, pension funds, insurance companies, and the like.

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Leveraging Assets Capital Debt 188

Pension Pulse

APRIL 3, 2024

But there are fewer sons and daughters for ageing parents to rely on - one reason is the "one-child" diktat which prevented couples from having two or more children between 1980 to 2015. But the pension fund could run out of money by 2035, according to the state-run Chinese Academy of Sciences.

Pension Funds 52

Pension Funds Education Banks Funds 52

Pension Pulse

MARCH 14, 2024

ABOUT OPTRUST With net assets of $25 billion, OPTrust invests and manages one of Canada's largest pension funds and administers the OPSEU Pension Plan (including OPTrust Select), a defined benefit plan with over 111,000 members. Additional information about OPTrust's 2023 strategy and results is available in People.

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Pension Pulse

MAY 6, 2024

Then in 2015, KKR—one of the world's biggest private equity firms, came to this small town and purchased C.H.I. Because the employee ownership model has been successful and because KKR is one of the most important strategic partners of Canada's large pension funds as well as to US, European and Asian pension and sovereign wealth funds.

Capital 59

Capital Private Equity Firms Private Equity Firms Stakes 59

Pension Pulse

JUNE 7, 2023

But let me be even more blunt, Canada's large pension funds can ill-afford to take the same cookie cutter approach to finding, interviewing, hiring and onboarding new members and unfortunately, there is a serious lack of originality in this area (my opinion shared by many experts and former colleagues). per cent return since inception.

Investing 59

Investing Assets Banks Legal 59

Pension Pulse

JUNE 20, 2023

Importantly, no other large Canadian pension fund has allocated as much to Credit as CPP Investments (or Private Equity which makes up 33% of of its total assets). We own 83% of the equity in Antares and that has been our best investment across the firm since we bought that in 2015 (no doubt, it is their best investment ever).

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