Pension Pulse

AUGUST 28, 2024

CPP Investments, the public pension plan’s asset manager, has about $36 billion under management in Latin America, or about 5% of its global portfolio, in sectors from electric utilities and sanitation to real estate, telecoms and logistics. emphasized Alexandre Silveira.

Investing 59

Investing Pension Funds Bidding Stakes 59

Pension Pulse

JANUARY 24, 2024

The corporate services teams support the investment groups' activities in areas including finance, operations, digital technology, human resources, legal affairs, communications and risk management. The move follows a similar initiative by Ontario Teachers' Pension Fund, announced last June.

Pension Funds 59

Pension Funds Best Practices Leveraging Legal 59

Pension Pulse

SEPTEMBER 27, 2023

Canada’s large pension funds have pulled back on some activities in China. I also want to recognize our peer Maple 8 pension fund managers, many of whom are here today. That’s one key reason large pension funds tend to seek private investments. Earlier this year, British Columbia Investment Management Corp.

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Pension Funds Assets Liabilities Funds 52

Pension Pulse

OCTOBER 23, 2024

Silas Brown and Kat Hidalgo of Bloomberg report Florida pension to offload up to $4 billion of private credit: The Florida State Board of Administration is looking to sell a bundle of private credit stakes worth as much as $4 billion in what would be one of the largest deals of its kind, according to people with knowledge of the matter.

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Funds Stakes Due Diligence Assets 59

Pension Pulse

DECEMBER 18, 2023

Simpson Thacher & Bartlett LLP; Gibson, Dunn & Crutcher LLP; Ropes & Gray LLP; Davis Polk & Wardwell LLP and Bilzin Sumberg Baena Price & Axelrod LLP served as legal advisors. A few Canadian pension funds (namely PSP) did the same thing back in 2008, seizing loans for pennies on the dollar and made great returns back then.

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Stakes Portfolios Investing Banks 59

Pension Pulse

MAY 24, 2023

In private credit, tightening credit conditions resulting from a handful of bank failures and rescues in the United States have opened up opportunities for non-bank players like pension funds, he said. So we kind of had headwinds and tailwinds in the portfolio, which is the point of diversification,” Graham said. per cent return.

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Investing Stakes Pension Funds Assets 52

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). Closed a C$230 million investment in the term loans of Legal Search, a provider of property- and corporate-related search services in Australia, the U.K.,

Investing 52

Investing Leveraging Banks Debt 52

The Big Picture

FEBRUARY 13, 2023

RITHOLTZ: You hit the bid before — RIEDER: Well, yes. Which is run by many insurance companies, pension funds who use Aladdin, and it’s a commercial enterprise for the firm. Didn’t it start as a bond shop, catering to pension funds and foundations? RIEDER: Yeah. RIEDER: It is. RIEDER: Right.

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Hedge Funds Education Funds Banks 59

The Big Picture

SEPTEMBER 23, 2024

Whatever you can get for it, hit the bid. Just the learning what it takes to actually raise money, what it, what it, what it means to actually build a really strong infrastructure of finance, operations, legal team. And infrastructure today is bought by sovereign funds, big pension funds with a view that it is very steady.

Debt 59

Debt Leveraging Banks Leveraged Buyouts 59

The Big Picture

JANUARY 24, 2023

So I did my thesis on how leveraged buyouts work from the legal and the business side. We spent weeks, night and day, studying it, decided it wasn’t a good deal, decided not to bid, which I’m fine with. And then when we decided not to bid at 90, it eventually went up to, you know, 111 or something like that.

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Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

Pension Pulse

DECEMBER 23, 2024

CIBC Capital Markets acted as exclusive financial advisor and Gowling WLG acted as external legal counsel to Hydro One in connection with the transaction. TD Securities acted as exclusive financial advisor and Torys LLP acted as external legal counsel to OMERS and Enbridge in connection with the transaction.

Stakes 59

Stakes Bidding Legal Pension Funds 59

Pension Pulse

FEBRUARY 25, 2025

Nicolas Van Praet of the Globe and Mail reports pension giant Caisse strikes deal to acquire Innergex Renewable Energy: Canadian pension fund giant Caisse de dpt et placement du Qubec has struck a deal to buy Innergex Renewable Energy Inc. in a bid to leave the short-term view of stock market investors behind.

Pension Funds 59

Pension Funds Shareholders Legal Stakes 59

Pension Pulse

NOVEMBER 21, 2024

The decision to put a senior government official on the board of the arm’s-length pension fund manager raises questions about AIMCo’s continued independence, and whether the move opens the door to the government to exert greater political influence or to steer the pension fund manager toward government priorities.

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Pension Funds Finance Financing Consultants 64