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$3.6 billion) in investment gains.
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11th January, 2023
On Monday, the Alberta Investment Management Corporation (AIMCo), the province’s US$ 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.
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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.
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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.
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20th October, 2022
Norway’s US$1.2 trillion sovereign wealth fund manager Norges Bank (NBIM) and the US$185 billion Canadian Public Sector Pension Investment Board (PSP) have kicked off their GBP1.5 billion UK life science real estate partnership with an acquisition in the university city of Cambridge.
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5th October, 2022
Sovereign wealth and public pension funds are limbering up for a race for Asian real estate acquisitions, but are biding their time in anticipation of snapping up bargains amid signs of a market downturn.
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14th September, 2022
Canadian public pension funds CPP Investments and Ontario’s OMERS have cashed in their investment in Skyway Concession Company (SCC) at twice the value they invested, supporting the idea that infrastructure is a hedge against volatility in more liquid assets, such as public equities.
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6th September, 2022
The slump in New York-listed Azure Power’s stock value has cast a pall over strategy of state-owned investors who have sunk million in the Indian renewables sector.
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30th August, 2022
Emirati and Canadian funds are following a similar pattern in Europe, pledging big capital injections in infrastructure following top-level bilateral diplomacy.
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10th August, 2022
Saudi Arabia’s rapidly growing Public Investment Fund (PIF) could become the biggest shareholder in the UK’s busiest airport if it goes ahead with the acquisition of Ferrovial’s 25% stake.
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20th July, 2022
India’s quasi sovereign wealth fund, the National Investment and Infrastructure Fund (NIIF), has announced the acquisition of an equity stake in the Navayuga Quazigund Expressway Private Limited (NQEPL) through its Master Fund at an enterprise value of around US$380 million.
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8th July, 2022
After two years of frenetic activity in venture capital, sovereign wealth funds and public pension funds have stepped on the brakes as the effects of the Ukraine crisis threaten to upset the post-pandemic recovery.
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