16th April, 2024
PSP Investments’ acquisition of around 8,000 hectares of farmland in New South Wales is an example of a tide of capital by Canadian state-owned investors in Australia’s vast agricultural sector.
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13th March, 2024
Ontario Teachers’ disappointing return of 1.9% in 2023 represents a negative value add of C$15.8 billion, dragged down by poor performance in real estate and infrastructure.
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25th January, 2024
CDPQ has made the surprise move of integrating its real estate subsidiaries Ivanhoé Cambridge and Otéra Capital as it rearranges its real estate portfolio and brings it firmly under the ambit of the management, resulting in the departure of Ivanhoé Cambridge’s CEO Natalie Palladitcheff when the consolidation is completed in 18-24 months.
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10th November, 2023
Quebec’s public pension fund CDPQ is set to join the federal-level CPP Investments in selling weighty secondary portfolios to free up liquidity towards new priorities.
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25th September, 2023
While turmoil has engulfed Canadian relations with India over the assassination of Khalistan separatist Hardeep Singh Nijjar, Canadian public pension funds (PPFs) are unlikely to pull their investments or press their brakes having invested approximately US$21 billion in Indian private markets over the past decade.
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1st September, 2023
One of the most active Canadian funds this year so far has been BCI, with several high-profile investments and the expansion of its New York and London offices. In addition, the British Columbia fund was one of the top scorers of our GSR scoreboard, with 96%. We had the great pleasure of speaking with Gordon J. Fyfe, CEO & CIO, about BCI’s latest developments.
9th August, 2023
OMERS Ventures, the Venture Capital arm of the Ontario public pension fund, announced on Wednesday that it is closing its London program. Of the team members based in the City, managing partners Jambu Palaniappan, Harry Briggs and an associate are reportedly leaving the firm, while managing partner Henry Gladwyn and another associate will relocate to New York to kick off the new team there.
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31st May, 2023
On Tuesday evening, AIMCo announced its first hire in Singapore – and to the surprise of many, it came from the global leadership group of GIC, the flagship Sovereign Wealth Fund of the island-nation.
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1st April, 2023
Ontario is home to several world-class pension managers, including IMCO. The fund was established in 2016 to add value to public-sector clients of the Canadian province and is now the largest manager outside the “Maple 8”. We caught up with Rossitsa Stoyanova, one of the few female CIOs of a Sovereign Investor, about IMCO’s ambitions and about female leadership.
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$3.6 billion) in investment gains.
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7th February, 2023
One of Canada’s biggest public pension funds, Québec’s CDPQ, has added a 50% stake in a Montréal road and bridge concession to its growing portfolio of domestic, province-oriented real assets, affirming its leading role in the country’s infrastructure space.
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11th January, 2023
On Monday, the Alberta Investment Management Corporation (AIMCo), the province’s US$ 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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