Layout:

Tide Turns In Favor of Hospitality: State Investors Rush to the Resorts

16th June, 2023

The post-Covid revival in tourism is encouraging a tide of sovereign fund investment in hotel and leisure, with a focus on Europe and a significant shift towards large-scale resorts.

Subscriber Post

Sovereign Funds Safe from English Water Renationalization, Despite Public Anger

6th June, 2023

The ongoing public unease over sewage pollution in Britain’s rivers is fuelling calls for renationalization of the country’s water utilities, challenging the interests of Asian sovereign wealth funds and Canadian public pension funds.

Subscriber Post

Electrification of European Rail Boosted by Sovereign Funds

4th May, 2023

Singaporean sovereign wealth fund GIC has joined Canadian, Dutch and Abu Dhabi peers in Europe’s expansion of electric railways, a growth area that is backed by a modal shift to rail as a key enabler of the decarbonisation of supply chains.

Subscriber Post

Canadians Funnel More Capital Into Indian Investment Trusts

26th April, 2023

Canadian public pension funds are planning to funnel US$1 billion of fresh capital into infrastructure investment trusts (InvITs) focusing on renewables and roads.

Subscriber Post

CDPQ Set to Lead Canadian Tilt to Europe

24th April, 2023

CDPQ’s decision to deploy US$11.2 billion in European private markets via an expanded London-based team follows a trend among Canada’s Maple 8 public pension funds seen in recent years.

Subscriber Post

Abu Dhabi and Canada Funds Help Drive Indian Road Expansion

19th April, 2023

A leading Indian infrastructure investment trust, Cube Highways Trust, has won the backing of Canadian public pension fund British Columbia Investment Management Corporation (BCI) and Abu Dhabi’s sovereign investor Mubadala as anchor investors in its INR52.2 billion (US$630 million) listing.

Subscriber Post

OTPP Follows OMERS With Strong Return in Hostile Markets

17th March, 2023

The Ontario Teachers Pension Plan (OTPP) followed its provincial stablemate OMERS in reporting a benchmark-beating positive return in 2022, defying the trends seen elsewhere in the sovereign investor universe.

Subscriber Post

Indian Renewables Receives Canadian Boost, Despite Rocky Ride

7th March, 2023

Canada’s biggest public pension fund CPP Investments has boosted its exposure to India’s burgeoning renewables sector with the acquisition of Goldman Sachs’ stake in ReNew Power for US$268 million.

Subscriber Post

OMERS Bucks Trends With Positive 2022 Return, But Lags Peers in Multi-Year Yields

28th February, 2023

Canadian public pension fund Ontario Municipal Employees Retirement System (OMERS) reported a 4.2% return in 2022, notching up C$4.9 billion (US$3.6 billion) in investment gains.

Subscriber Post

Canadian Funds’ War for Talent

11th January, 2023

On Monday, the Alberta Investment Management Corporation (AIMCo), the province’s US$ 129 billion manager of pension and sovereign capital, announced the appointment of David Scudellari as Senior Executive Managing Director, and Head of International Investments. David served for seven years at the US$ 185 billion Public Sector Pension Investment Board (PSP Investments) where he opened the New York office; built a US$ 22 billion global credit business, and acted as interim CFO and Head of Credit and Private Equity. The poaching seemed amicable, and shortly after the announcement, AIMCo and PSP announced a new agreement that will allow AIMCo leverage PSP’s private credit origination capabilities, which David built.

Subscriber Post

GIC’s P3 European Logistics Platform Set to Reach US$9bn

3rd January, 2023

The completion of a tender award for the first logistics area at the Adolfo Suárez Madrid-Barajas Airport City to P3 Group will help raise the value of GIC’s European logistics real estate platform to around US$9 billion in 2023, securing its place as one of Europe’s biggest logistics investors.

Subscriber Post

OMERS and ADIA on Track to Take Control of Europe's Leading Railcar Lessor

27th December, 2022

The infrastructure arm of one of Canada’s leading public pension funds, OMERS, has raised its stake in Europe’s leading freight railcar lessor in a clear move to bolster its strong position in European transport infrastructure.

Subscriber Post