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KKR among PE suitors for $6bn Cubico

Private Equity Wire

The report cites unnamed sources familiar with the matter as revealing that the sale process, which was initiated by Cubicos owners Canadas Public Sector Pension Investment Board (PSP) and the Ontario Teachers Pension Plan (OTPP) has also attracted interest from Italian energy conglomerate Enel, as well as other infrastructure investors and funds.

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CDPQ's Trusted Man at the Heart of the Corruption Plot

Pension Pulse

Radio silence at the Caisse Since the opening of its office in New Delhi in 2016, the Fund has bet 9 billion on India. And to be honest, I wouldn't be surprised if similar bribing schemes are also occurring at other CDPQ subsidiaries in India and at those of other large Canadian pension funds. Why didn't they work?

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Top Funds' Activity in Q4 2024

Pension Pulse

The Omaha, Nebraska-based conglomerate cut its stake in the bank to 8.9% The iPhone maker remains Berkshires largest stock holding, representing 28% of the conglomerates portfolio. million shares in Chipotle, a name his firm has owned since 2016. continued whittling a longtime bet on Bank of America Corp. 73%, selling 40.6

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CPP Investments' CEO Discusses Fiscal Year 2024 Results

Pension Pulse

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 initial investment in the company was made in 2016 and we maintain a 15% stake.

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Transcript: David Layton

The Big Picture

And then in 2016, we were thinking a little bit more strategically about our business in the Americas, and I championed this project to open up a headquarters for the firm in Colorado and — RITHOLTZ: Away from Wall Street. And we looked more like an industrial conglomerate than — RITHOLTZ: That’s where I was going to go.

Assets 59
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Transcript: Steven Klinsky

The Big Picture

KLINSKY: — that, you know, when we found it, it was a very messed-up conglomerate doing race track tote boards and defense electronics. KLINSKY: In the private equity fund and strategic equity fund, it’s the big pension funds in the U.S. It’s the big Canadian asset plans.

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CDPQ Rocked by Major Indian Bribery Scheme

Pension Pulse

officials allege: Senior executives at Quebec’s provincial pension fund manager tried to win contracts by paying Indian officials hundreds of millions of dollars in bribes and interfered with corruption investigations in the United States, American prosecutors allege. In 2019, his company, Adani Green Energy Ltd.,