IMCO – Benefits Canada.com

OMERS committing to net zero, UPP facing divestment calls from university staff

bwolfe — Mon, 29 Nov 2021 14:00:44 +0000

The Ontario Municipal Employees Retirement System is the latest pension plan to commit to net-zero greenhouse gas emissions across its total portfolio by 2050. In a press release, the OMERS said its path to net zero will be informed by the annual calculation and public disclosure of its total portfolio carbon footprint. The release also […]

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IMCO committing to net-zero emissions in investment portfolios by 2050

lbailey — Thu, 11 Nov 2021 14:00:46 +0000

The Investment Management Corp. of Ontario is joining the growing list of asset owners committing to reaching net-zero alignment in their investment portfolios by 2050 through joining the Paris Aligned Investment Initiative. “We are committed to playing our part in the design of a new financial system that can secure a net-zero future for the world […]

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Caisse invests in fund for tech companies, IMCO finalizes buyout of U.K. energy company

Gideon Scanlon — Mon, 01 Nov 2021 13:00:15 +0000

The Caisse de dépôt et placement du Québec is investing in a fund focused on supporting innovative technology companies. The New York-based White Star Capital, a multi-stage global technology investment platform, raised $360 million from investors during an investment round for its most recent flagship fund. The platform, which projected securing $300 million from investors, […]

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Institutional investors teaming up to promote net-zero economy

bwolfe — Thu, 14 Oct 2021 13:00:51 +0000

Canadian pension funds are among the institutional investors participating in Climate Engagement Canada, a new initiative to promote a net-zero economy. The initiative, which is coordinated by several investor networks, is launching with 27 institutional investors that collectively manage more than $3 trillion in assets, according to a press release. The participating pension funds include […]

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IMCO appointing Rossitsa Stoyanova as CIO

Gideon Scanlon — Thu, 12 Aug 2021 16:00:49 +0000

The Investment Management Corp. of Ontario is naming Rossitsa Stoyanova as its next chief investment officer. The announcement comes just weeks before the organization’s current CIO Jean Michel, who announced plans to leave this spring, is scheduled to depart. Stoyanova will officially succeed Michel on Sept. 11, 2021. Stoyanova was previously a managing director and […]

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Ontario Teachers’, PSP, IMCO investing in net-zero fund, Caisse in medtech fund

Gideon Scanlon — Wed, 28 Jul 2021 19:00:45 +0000

Three of Canada’s largest pension funds are investing in a new fund focused on the global transition to a net-zero economy. The Brookfield Global Transition Fund, founded by Brookfield Asset Management Inc., closed its funding after raising US$7 billion ($8.8 billion) with the help of the Investment Management Corp. of Ontario, the Ontario Teachers’ Pension Plan […]

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Caisse investing in wireless communications, BCI in Chile timber

bwolfe — Fri, 21 May 2021 13:00:13 +0000

The Caisse de dépôt et placement du Québec is one of two organizations investing a total US$940 million in Phoenix Tower International, a U.S.-based wireless communications infrastructure provider. The investment will fund the company’s expansion in Europe as well as further growth in new and existing markets. The other investor is AMP Capital, an Australia-based […]

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Caisse investing in data centres, IMCO in life science real estate

bwolfe — Mon, 03 May 2021 19:00:11 +0000

The Caisse de dépôt et placement du Québec is among the investors committing more than $600 million to eStruxture Data Centers Inc., a data centre provider in Montreal. The investment will fund eStruxture’s acquisition of data centre provider Aptum Technologies and additional capital expansion projects in Canada, according to a press release. The other investors […]

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IMCO reporting 5.4% net return for 2020

mdunne — Tue, 20 Apr 2021 13:00:00 +0000

The Investment Management Corp. of Ontario, which provides investment management services to broader public sector institutions in the province, is reporting a 5.4 per cent weighted average return for its clients’ funds (net of all fees) in 2020. Returns ranged from 0.2 per cent to 7.1 per cent based on asset mix, risk tolerance and […]

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Ontario Teachers’ investing in Finland utility, Caisse in Brazil telecommunications

alessandrob — Thu, 04 Mar 2021 14:59:58 +0000

The Ontario Teachers’ Pension Plan is acquiring a 40 per cent stake in Caruna, Finland’s largest electricity supplier. The pension will acquire a 20 per cent stake in the utility from First Sentier Investors and in a separate transaction, the Ontario Teachers’ and investment firm KKR & Co. Inc. will jointly acquire a 40 per cent holding […]

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