Close to half of global institutional investors are planning to increase their allocations to alternatives amid coronavirus-related volatility, according to a new survey by CoreData Research Ltd. The survey, which polled more than 450 investors, found 26 per cent of respondents’ portfolios are made up of alternative assets, up slightly from 24 per cent in 2019. […]
The Healthcare of Ontario Pension Plan is well-known for its liability-driven investing strategy, which helped it successfully weather the 2008 financial crisis. During the coronavirus fallout, in an era of historically low interest rates, the HOOPP is working on developing LDI 2.0. “We’re very focused on liabilities, but what you do when interest rates are […]
Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, is buying a parcel of real estate in the 11th arrondissement in Paris. The 4,000 square metre complex consists of a residential building, a former industrial space and a private roadway. The firm is set to redevelop the site, […]
The Ontario Teachers’ Pension Plan Board is investing US$350 million with Indian private debt manager Edelweiss Alternate Asset Advisors. The investment represents a long-term partnership between the Ontario Teachers’ and parent company Edelweiss Group, which will focus on performing and distressed private credit investment opportunities within India. “We are pleased to enter into a long-term […]
The Institutional Investors Group on Climate Change is launching a draft guide for investors seeking to align their investments with the Paris Agreement on climate change. The framework was developed in consultation with more than 70 global investors, managing an aggregate US$16 trillion in assets. It aims to help investors actively decarbonize their portfolios with the […]
Aon is promoting Federico Cervantes and Erwan Pirou to global partners of the firm. Cervantes joined Aon in 2018 as associate partner and head of investment for central Canada. Previously, he spent 12 years at Willis Towers Watson, most recently as a senior investment consultant. He also worked as director of institutional investment at GBM […]
The Ontario Municipal Employees Retirement System’s venture capital arm has led a $9 million series-A funding round for automative intelligence firm Acerta Analytics Solutions Inc. OMERS Ventures was joined in the funding round, which recently closed, by Microsoft Corp.’s venture fund M12, StandUp Ventures, Radical Ventures Investments Inc., Export Development Canada and Techstars. Acerta is […]
The British Columbia Investment Management Corp. is investing in an Indian telecommunications tower company alongside Brookfield Infrastructure Partners and its institutional partners. The transaction totals an equity commitment of about US$3.4 billion, with the investors buying a 100 per cent stake in the company from Reliance Industrial Investments and Holdings Ltd., a wholly-owned subsidiary of Reliance Industries Ltd. “For BCI […]
Wellington Management Co. will be appointing Jean Hynes as chief executive officer upon the retirement of its current CEO Brendan Swords on June 30, 2021. “One of the most enduring lessons of the Wellington partnership is the notion of stewardship, bringing along the next generation of leaders to allow us to better serve clients,” said […]
Greystar Real Estate Partners is joining the Canada Pension Plan Investment Board and Cyrela Brazil Realty in a joint venture that will develop, own and operate purpose-built multifamily rental housing in São Paulo, Brazil. The platform and partnership, first created by the CPPIB and Cyrela in November 2019, continues to target an investment of up […]