The Caisse de dépôt et placement du Québec is shaking up its leadership team to address a rapidly changing and increasingly competitive market. Macky Tall, formerly the head of the Caisse’s infrastructure portfolio, will be head of liquid markets and the Réseau express métropolitain project, the 26 station rail system currently under construction in Montreal. In addition, Tall will continue […]
When Sears Canada Inc. announced it was going to liquidate its stores in 2017, the chain’s demise was a big concern for pension plan members worried about a big deficit in the company’s defined benefit plan. But also among the parties affected were some of Canada’s largest pension funds, which own more than two dozen […]
The Caisse de dépôt et placement du Québec is investing in Quebec-based software company Poka to help its expansion into the United States and Europe. Poka, a training and knowledge platform for manufacturers, has raised $10 million in this round of financing, which also includes original seed investors iNovia Capital and Uncork Capital. Read: Caisse leads $20 million financing for […]
Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, has appointed Nathalie Palladitcheff as president and Alfonso Graceffa as head of business units. Palladitcheff joined Ivanhoé Cambridge in 2015 as executive vice-president and chief financial officer. Previously, she was the acting chief executive officer at Icade, a Paris-based real estate investment company. Read: Ivanhoé Cambridge […]
In their constant search for diversification, Canada’s largest pension funds seem to be continually restructuring their Canadian office building portfolios. “The goal has been to redeploy their investments by expanding internationally and developing new class A office buildings in Canada as well,” says Ayres Gonsalves, vice-president of commercial at Dorsay Development Corp., a Toronto-based real estate […]
The Caisse de dépôt et placement du Québec returned 9.3 per cent in 2017, an increase on its return of 7.6 per cent in 2016. While announcing the annual results on Wednesday, Michael Sabia, president and chief executive officer of the Caisse, said the portfolio reacted almost exactly as forecasted. He also highlighted the important transition period […]
The Caisse de dépôt et placement du Québec and Agropur Cooperative are establishing a joint investment platform for businesses in the dairy industry. Valued at $40 million, the platform will be equally funded by the two organizations and will be investing in innovative companies that specialize in dairy-related products and technologies. According to a press release, […]
The Caisse de dépôt et placement du Québec is providing a $313-million loan to Colombia-based energy company Empresas Publicas de Medellin. It’s the pension fund’s second investment in South America in less than four months, following a loan to a toll highway in October 2017. In this deal, the Caisse is teaming up with other lenders […]
Fiera Capital Corp. affiliate Fiera Comox has appointed Patrick Lynch as a partner in its private equity team. Lynch joins Fiera from Caisse de dépôt et placement du Québec, where he was head of funds and partnerships. Before that, he was head of funds and global investment partnerships at an Abu Dhabi-based sovereign fund. Read: Caisse invests in Canadian […]
Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, has announced a new logistics property venture alongside Peel Logistics Property. The new venture will focus on developing a portfolio of properties in important logistics hubs in Britain. At the outset, the portfolio consists of three properties, one each in Manchester, […]