Pension Pulse

DECEMBER 6, 2023

John Graham, president and chief executive of the Canada Pension Plan Investment Board, which has C$576bn (£337bn) in assets, told the Financial Times he was opposed to “any constraint on portfolio construction” or “any influence to invest in a specific asset class or a specific part of the market”.

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Pension Pulse

JULY 2, 2024

The country’s second-largest pension has been a seasoned private equity investor for almost half a century. However, it wasn’t until the last decade that the asset class began to account for a significant part of its investment portfolio: CDPQ’s private equity assets nearly doubled from 10.1 percent in 2022.

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Pension Pulse

FEBRUARY 22, 2024

CDPQ's own public equities portfolio saw its performance "driven by growth stocks, as well as by large positions in Quebec companies, which performed well." The private equity portfolio was affected by interest rate hikes as well as by an increase in financing costs, which affected certain private companies.

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Pension Pulse

JANUARY 31, 2024

It is not monolithic and includes such varied enterprises as pension fund investment managers such as AIMCo , insurance companies, investment banks, broker dealers, hedge funds, mortgage investment companies – and still others. Those are the publicly traded asset classes that private credit is most comparable to.

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Banks Pension Funds Financial Institutions Investing 59

Pension Pulse

JULY 24, 2024

Hannah Zhang of Secondaries Investors reports on how CDPQ used the secondaries market to address overallocation: For Canadian pension giant Caisse de dépôt et placement du Québec , the secondaries market has played an indispensable role in rebalancing its private equity portfolio. CDPQ generated C$9 billion ($6.5

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Pension Funds Buyout Stakes Financing 59

Pension Pulse

NOVEMBER 3, 2023

Michiel Willams of Net Zero Investor reports OMERS’ sustainability chief on why the C$127bn fund’s green investment spree will not slow down: OMERS, the defined benefit (DB) plan for municipal employees in Ontario, is increasingly positioning itself as one of Canada's greenest pension fund investors.

Pension Funds 59

Pension Funds Investing Hedge Funds Assets 59

Pension Pulse

JUNE 5, 2023

Amir Barnea, associate professor of finance at HEC Montréal, wrote a comment for the Toronto Star asking if Canada is cracking down on taxes, why does our national pension plan pay less than two per cent?: When it comes to performance, Canada’s national pension fund rightfully boasts impressive results.

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Pension Funds Legal Investing Taxes 52

Pension Pulse

APRIL 9, 2024

The exposure to this development JV complements our recent investment in Scape Core Program and will further diversify our APAC portfolio with defensive cashflows that are driven by the favourable demographics in the region and the demand for quality education in Australia.”

Pension Funds 59

Pension Funds Education Leveraging Assets 59

Pension Pulse

MAY 30, 2024

What that means for you is that your Fund is the most invested pension fund in the world in its local economy,” argued Mr. Emond. There are great public and private companies in that portfolio. The objective? 100 billion by 2026. Our presence is equivalent to 16% of Quebec’s entire gross domestic product.

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Assets Pension Funds Private Companies Funds 52

Pension Pulse

AUGUST 17, 2023

per cent return for the first half of 2023 despite volatile market conditions, with contributions coming from a fixed-income portfolio that was boosted by both higher interest rates and infrastructure bets that can act as a hedge against inflation. And … it’s a portfolio that represents $130 billion out of $424 (billion).” per cent.

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Pension Funds Assets Debt Financing 52

Pension Pulse

AUGUST 7, 2023

They’re talking about asset management firms, in which public pension funds often have investments, supporting shareholder proposals meant to achieve social justice or climate objectives yet of dubious financial value. Let me begin by stating the only thing I can't stand more than left-wing drivel is right-wing drivel.

Investing 52

Investing Collateral Pension Funds Asset Management 52

Pension Pulse

MAY 7, 2024

Transitioning to a private company with these strong partners will not only limit our exposure to volatile financial markets, it also will ensure ALLETE has access to the significant capital needed for our planned investments now and over the long term. Per Share in Cash DULUTH, Minn.— May 6, 2024 — ALLETE, Inc. Advisors J.P.

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Mergers and Acquisitions Investing Capital Assets 64

Pension Pulse

AUGUST 30, 2023

Artemis reports the Healthcare of Ontario Pension Plan (HOOPP) grew ILS investments 35% in 2022: Large Canadian institutional retirement fund, the Healthcare of Ontario Pension Plan (HOOPP), grew its allocation to insurance-linked securities (ILS) investments in 2022, with the asset class nearing 1% of its overall portfolio by the end of the year.

Collateral 59

Collateral Hedge Funds Investing Assets 59

Pension Pulse

DECEMBER 21, 2023

I told him I track pension funds very closely and there's no doubt CDPQ is a global leader in sustainable/ responsible investing. The other part that is very important for us and that's where the puck is heading for institutional investors, is the engagement with our portfolio companies.

Mergers and Acquisitions 59

Mergers and Acquisitions Assets Pension Funds Leveraging 59

The Big Picture

OCTOBER 2, 2024

 At The Money: Finding Overlooked Private Investments , with Soraya Darabi, TMV (October 02, 2024) The Efficient Market Hypothesis informs us that stock markets reflect all of the information known about any company. But is that also true for start-ups and venture-funded private companies?

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Startups Investing Deal Flow New York Stock Exchange 72

Pension Pulse

OCTOBER 20, 2023

The statement, sent exclusively to the National Post , marks the first time Poilievre has explicitly addressed the issue of Alberta’s proposal to withdraw from the Canada Pension Plan (CPP) and set up its own pension fund. My take: This is a great deal for BCI and Searchlight, a private equity firm BCI seeded.

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Investing Consulting Consultants Debt 59

The Motley Fool

OCTOBER 31, 2023

With the completed acquisition of Burgiss, MSCI can now provide additional clarity and transparency highly needed by investors across private and public assets in their portfolios. Our product lines are increasingly interconnected, which means our work in private assets reinforces our work in climate and vice versa.

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Assets Hedge Funds Capital Leveraging 100

Pension Pulse

MARCH 14, 2024

By striving to construct a portfolio that is resilient to a variety of economic environments, we remain focused on the long-term and in a strong position to pay pensions today and decades into the future.” OPTrust's annual Responsible Investing Report has once again been integrated into the Funded Status Report. at optrust.com.

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The Big Picture

DECEMBER 5, 2023

And we did talk to a lot of people, but we were grateful to have a college endowment, a a publicly traded insurance company, a publicly traded company, corporations pension fund, and some wealthy individuals join our first fund, which was a mighty $71.4 And so there were certainly, there weren’t that many.

Private Equity Firms 69

Private Equity Firms Private Equity Firms Mergers and Acquisitions Debt 69

The Big Picture

FEBRUARY 28, 2023

You buy companies to run them and manage them for the long haul. Tell us a little bit about the giant portfolio of companies you guys are managing. So we manage a portfolio of several dozen companies. LAYTON: — like a private equity firm. Look, our parents all had pension funds.

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Assets Due Diligence Private Equity Firms Private Equity Firms 59

Sara Grillo

FEBRUARY 13, 2023

Richey’s research found that found a “Vice Fund” produced a greater risk-adjusted return over the market portfolio (Richey, 2016, as per Swedroe, 2016). Secondary market trading doesn’t really impact the company. I mean, let’s just say, is there any purpose at all to owning a solar company? Impact investing.

Pension Funds 72

Pension Funds Investing Funds Portfolios 72

The Big Picture

MARCH 5, 2024

00:05:21 [Speaker Changed] No income taxes for the company and, and 00:05:23 [Speaker Changed] Then Koch Industries, I I, I don’t think a lot of people realize one of the largest private companies in the United States and maybe even the largest, they’re, they’re giant energy powerhouse.

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Capital Hedge Funds Banks Assets 59

Pension Pulse

JULY 4, 2023

The company is still in talks with its shareholders about raising as much as £1 billion in fresh funds following a £500 million injection agreed last year. Its largest shareholder is Canadian pension fund Ontario Municipal Employees Retirement System (Omers), which holds a nearly 32 per cent stake.

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Pension Funds Debt Shareholders Stakes 52

The Big Picture

APRIL 4, 2023

So the theory was that’s great that you’re providing a loan, but if you can co-invest with them and get the upside of partnering with some of the most successful private equity funds in the United States, you know, a great way to enhance your returns. RITHOLTZ: We call that legal insider trading. RITHOLTZ: Right.

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Private Equity Firms Private Equity Firms Financing Finance 59

The Big Picture

JUNE 13, 2023

Today they can effectively allocate capital into strategies which will create a compounding effect to their portfolio. The secondary market has been developing like crazy on the private equity, for example. As I said, private credit is another one. Real estate will be an obvious one, given the amount of capital out there.

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Banks Asset Management Assets Capital 59

Pension Pulse

AUGUST 22, 2023

Paula Sambo of Bloomberg reports Canada Pension Plan Investment Board joins startup at $100 million Reforestation Fund: Canada’s largest pension fund has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil’s Amazon region.

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Startups Funds Investing Pension Funds 52

Private Equity Insights

APRIL 1, 2025

Fink called for unlocking private markets traditionally reserved for institutions and ultra-high-net-worth individuals. Assets that will define the future data centres, ports, power grids, the worlds fastest-growing private companies arent available to most investors, he wrote. Theyre locked behind high walls. more capital.

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Assets High Net Worth Individuals Pension Funds Private Companies 147

The Motley Fool

OCTOBER 29, 2024

We think the subdued demand in ESG and climate is cyclical and may be prolonged, but the need for all investors to integrate ESG financial materiality and to decarbonize portfolios are real and secular. MSCI already supplies carbon emission data on more than 60,000 private companies and more than 7,500 private equity and private debt funds.

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Asset Management Assets Hedge Funds Pension Funds 130

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. The Caisse will pay $13.75 However, he said he believes a competing offer is unlikely.

Pension Funds 59

Pension Funds Shareholders Legal Stakes 59

The Big Picture

JUNE 20, 2023

I think that private equity sees this as an opportunity, because they’re not really growing the institutional aspect of their business. Pension funds, perhaps, maybe aren’t growing as much as they need them to. MORGENSON: Yes, let’s go launch our own company. He knew the companies.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Financing Finance 59

Pension Pulse

FEBRUARY 11, 2025

I do think theres a path, he said, adding he believes pension involvement in Canadian airports could start almost immediately with investments in adjacent assets such as parking garages and freight services as well as new developments like sustainable aviation fuel facilities that arent core to the business of an airport.

Pension Funds 59

Pension Funds Hedge Funds Stakes Assets 59

Pension Pulse

JANUARY 21, 2025

Barbara Shecter of the National Post wrote a comment asking whether the Canadian pension model can survive a new era of politicization: Rachel Reeves, the U.K.s new chancellor of the exchequer, had a goal in mind when she flew to Toronto last August to meet with the heads of some of Canadas largest pension funds. 60 per cent.

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Pension Funds Assets Banks Funds 59