global private equity – Benefits Canada.com

CPPIB, Ontario Teachers’ consortium integrates global satellite communications company

Jennifer Paterson — Tue, 09 Nov 2021 13:00:18 +0000

A consortium of investment managers, including the Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan, are reaching an agreement to create a global communications organization. The shareholder group of Inmarsat, a British satellite telecommunications company — which also comprises private equity firm Warburg Pincus and funds advised by Apax Partners LLP — […]

The post CPPIB, Ontario Teachers’ consortium integrates global satellite communications company appeared first on Benefits Canada.com.

CPPIB acquires maritime terminal operator, AIMCo invests in Indian clean energy fund

Gideon Scanlon — Thu, 30 Sep 2021 14:00:46 +0000

The Canada Pension Plan Investment Board is acquiring North America’s largest marine terminal operator. A minority investor in the Ports America Group since 2014, the CPPIB has reached a deal to secure all outstanding interest in the company from Oaktree Capital Management. While the exact details of the transaction aren’t known, the management structure is […]

The post CPPIB acquires maritime terminal operator, AIMCo invests in Indian clean energy fund appeared first on Benefits Canada.com.

CPPIB-backed sports entertainment stock rebounds after disastrous Nasdaq debut

Gideon Scanlon — Thu, 16 Sep 2021 15:40:29 +0000

A sport data intelligence and entertainment provider backed by the Canada Pension Plan Investment Board is seeing its stock price recover following a disastrous first day on the Nasdaq. Before making its debut on Sept. 14, Switzerland-based Sportradar Group expected to see its first public stocks trade between US$25 and US$27 — roughly in line […]

The post CPPIB-backed sports entertainment stock rebounds after disastrous Nasdaq debut appeared first on Benefits Canada.com.

Ontario Teachers’ appoints Avid Larizadeh-Duggan to spearhead TIP expansion in EMEA

Gideon Scanlon — Thu, 09 Sep 2021 17:30:42 +0000

The Ontario Teachers’ Pension Plan is appointing entrepreneur and venture capitalist Avid Larizadeh-Duggan to serve as the managing director of its Teachers’ Innovation Platform in Europe, the Middle East and Africa. In the new role, Larizadeh-Duggan will lead efforts to focus the platform on late-stage venture and growth equity investments in leading-edge technology companies based […]

The post Ontario Teachers’ appoints Avid Larizadeh-Duggan to spearhead TIP expansion in EMEA appeared first on Benefits Canada.com.

CPPIB invests in German ceramics firm, Caisse to redesign central London building

Gideon Scanlon — Thu, 19 Aug 2021 13:00:10 +0000

The Canada Pension Plan Investment Board is investing in a German ceramics manufacturing business. The CPPIB joined the U.K.-based alternative investment management group BC Partners to jointly acquire CeramTec. For its 50 per cent share in the company, the pension fund paid €800 million ($1.18 billion). Read: CPPIB investing in oilfield drilling company, Caisse in SAP […]

The post CPPIB invests in German ceramics firm, Caisse to redesign central London building appeared first on Benefits Canada.com.

Ontario Teachers’ selling plastics company, Caisse investing in Dutch real estate

Gideon Scanlon — Thu, 12 Aug 2021 16:36:20 +0000

The Ontario Teachers’ Pension Plan is selling Aurora Plastics, an Ohio-based plastics manufacturer, alongside its co-owner, Chicago-based private equity firm Wild Point Partners. The pension fund purchased its stake in the firm, which produces custom rigid polyvinyl chloride powders, pellets, foams and alloys for small-and medium-sized manufacturers, in 2016. At the time, it had facilities in […]

The post Ontario Teachers’ selling plastics company, Caisse investing in Dutch real estate appeared first on Benefits Canada.com.

CPPIB appointing Suyi Kim as global head of private equity

Gideon Scanlon — Fri, 30 Jul 2021 19:00:58 +0000

The Canadian Pension Plan Board is appointing Suyi Kim as senior managing director and global head of private equity, effective September 15. In the new role, Kim will lead the team making private equity investments around the globe, managing assets valued at $125.1 billion. She joined the CPPIB in 2007 and most recently served as […]

The post CPPIB appointing Suyi Kim as global head of private equity appeared first on Benefits Canada.com.

Caisse invests in health-care company, Ontario Teachers’ in Chinese microfinance firm

Gideon Scanlon — Thu, 24 Jun 2021 14:30:29 +0000

The Caisse de dépôt et placement du Québec is participating in a $225 million Series D funding round of AlayaCare, a Montreal-based at-home health-care software provider. The company’s artificial intelligence-based software is used by more than 500 health-care organizations around the world. In the past two years, it’s seen its U.S.-based business grow seven-times over. […]

The post Caisse invests in health-care company, Ontario Teachers’ in Chinese microfinance firm appeared first on Benefits Canada.com.

BCI, CPPIB and OTPP investments tied to human rights abuses in China, finds watchdog

Gideon Scanlon — Mon, 21 Jun 2021 14:30:36 +0000

A report from the U.K.-based watchdog group Hong Kong Watch is criticizing three major Canadian pension funds for investing in Chinese businesses involved in human rights violations. The report says the Canadian Pension Plan Investment Board, the British Columbia Investment Management Corp. and the Ontario Teachers’ Pension Plan have invested more than $12 billion in companies reported […]

The post BCI, CPPIB and OTPP investments tied to human rights abuses in China, finds watchdog appeared first on Benefits Canada.com.

OMERS in equity funding for Swedish battery manufacturer

Gideon Scanlon — Mon, 14 Jun 2021 12:45:49 +0000

The Ontario Municipal Employees Retirement System is co-leading a US$2.75 billion ($3.3 billion) private placement to raise equity for Northvolt, a Swedish battery maker. Alongside the OMERS, four Swedish public sector pension funds, Goldman Sachs Asset Management and the Volkswagen Group also co-led the private placement. According to a press release, the equity injection will […]

The post OMERS in equity funding for Swedish battery manufacturer appeared first on Benefits Canada.com.