The Caisse de depot et placement du Quebec missed its benchmark portfolio last year due to lacklustre performance of real estate and infrastructure assets and a focus on long-term stability, even as it enjoyed its strongest return on investment in five years. The Quebec pension fund manager generated a 10.4 per cent annual return on […]
The Caisse de dépôt et placement du Québec posted a 10.4 per cent return for 2019, well surpassing its 2018 annual return of 4.2 per cent. The jump represents $31.1 billion in gains for the fund, putting its net assets at $340.1 billion. “The portfolio delivered the returns we were expecting in a context where the market really took […]
The Ontario Teachers’ Pension Plan is joining a consortium to purchase RSA Security in an all-cash transaction for more than $2.07 billion, subject to certain adjustments. RSA is a cybersecurity company that provides business-driven solutions for managing digital risk. The deal includes subsidiary companies RSA Archer, RSA NetWitness Platform, RSA SecurID, RSA Fraud and Risk […]
The Caisse de dépôt et placement du Québec is boosting its current investment in the Cirque du Soleil Entertainment Group. The investment, which will see the Caisse buy shares currently owned by the company’s founder Guy Laliberté, bring its holdings to nearly 20 per cent. Laliberté will remain creatively involved in the company and will retain certain economic […]
The Caisse de dépôt et placement du Québec is teaming up with Piramal Asset Management Private Ltd. to form a US$300 million platform to invest in private credit financing opportunities in India. The Caisse contributed 75 per cent of the financing, with Piramal committing the other 25 per cent. The platform aims to provide private […]
The Caisse de dépôt et placement du Québec, alongside private equity firm Novacap, is part of a partnership helping Eddyfi Technologies acquire NDT Global. Headquartered in Dublin, NDT Global supplies inline inspection for ultrasonic pipelines and data analysis for onshore and offshore pipelines. Combined, Eddyfi and NDT Global will have more than 1,000 employees in global 20 offices. Read: Caisse part of […]
The Quebec government has selected a relative newcomer at the Caisse de dépôt et placement du Québec to succeed Michael Sabia as its new head. Charles Émond is poised to take over as president and chief executive of the province’s pension fund manager. He moves up from his role at the Caisse as senior vice-president overseeing […]
The Caisse de dépôt et placement du Québec is joining forces with the Marcel Dutil family’s Placements CMI and the Fonds de solidarité FTQ to acquire the Canadian operations of the Canam Group, which specializes in designing and fabricating customized solutions for the construction industry. The group has signed a definitive agreement with private equity […]
The Caisse de dépôt et placement du Québec is joining Placements CMI and Fonds de solidarité FTQ to take on equal ownership of multiple assets from private equity firm American Industrial Partners. The transaction will come to more than $840 million and includes all of Canam Group’s Canadian operations and some U.S. and overseas assets. The group specializes in […]
The Caisse de dépôt et placement du Québec, together with iNovia Capital, is investing US$37 million in home care technology provider AlayaCare. AlayaCare provides a cloud-based platform for back-office, client and family portals, remote patient monitoring, telehealth services and mobile care worker functionality. The investment is intended to help the company continue its merger and acquisitions […]