CalSTRS Sees a Big Drop in Carried Interest
Alicia McElhaney of Institutional Investor reports on why CalSTRS paid less to invest in 2018:The overall cost of investing for the California State Teachers’ Retirement System has fallen, but not...
View ArticleThe Teachers' Battle in Alberta Heats Up
Danielle Walker of Pensions & Investments reports that Alberta proposes AIMCo take on management of teachers' fund:The Alberta government proposed in its recent budget that management of the C$18...
View ArticleIs the Capitalist System Really Broken?
Catherine Clifford of CNBC reports on on how America’s capitalist system is ‘broken,’ according to billionaire financier Ray Dalio:“The world has gone mad and the system is broken.”So says Ray Dalio,...
View ArticlePSP Investments' Strikes a Few Deals
IPE Real Assets reports that Aviva Investors and Public Sector Pension Investment Board (PSP Investments) just extended their partnership with an agreement to invest up to £250m in commercial property...
View ArticleCaisse Warns of Giant Risk in Private Debt
Paul Sambo of BNN Bloomberg reports that the Caisse sees giant risk growing in corner of the private-debt market:Direct lenders and big banks are competing for the largest companies in the red-hot...
View ArticleMichael Sabia Leaving The Caisse
The Canadian Press reports that Michael Sabia is leaving Caisse to head University of Toronto's Munk School:The chief executive of the Caisse de depot et placement du Quebec is stepping down from the...
View ArticleCPPIB's Climate Change Program?
Responsible Investor reports that CPPIB is launching a climate investment strategy:The Canada Pension Plan Investment Board (CPPIB) plans to launch an investment strategy to cash in on opportunities...
View ArticleThe $16 Trillion Global Pension Crisis
Rich Miller of Bloomberg News reports that according to the G-30, a severe $15.8 trillion pension crisis looms worldwide:The U.S., China and other leading economies confront a massive funding gap of...
View ArticleBig Shakeup at the Caisse?
Frédéric Tomesco of the Montreal Gazette reports that the Caisse consolidates private investments after London-based exec steps down:The executive upheaval at the Caisse de dépôt et placement du Québec...
View ArticleWill SNC-Lavalin Burn the Caisse?
Jesse Feith of the Montreal Gazette reports that SNC-Lavalin paid more than $118 million to a shell company:A forensic accountant who analyzed SNC-Lavalin’s financial statements says the firm...
View ArticleOPTrust Bolsters Senior Leadership Team
Earlier today, I spoke with Peter Lindley, President and CEO of OPTrust. Peter and I discussed some restructuring taking place at the organization's leadership team:Audrey Forbes is promoted to Senior...
View ArticleCDPQ, CPPIB and OTPP Sign Big Infrastructure Deals
CDPQ just put out as press release stating it will invest in Sydney Metro, Australia’s first driverless metro system:Acquisition of a 24.9% equity stake in the extended Sydney Metro trains, systems,...
View ArticleTop Funds' Activity in Q3 2019
Wayne Duggan of Benzinga reports on the Q3 13F roundup looking into how Buffett, Einhorn, Ackman and others adjusted their portfolios:The latest round of 13F filings from institutional investors is...
View ArticleRon Mock Reflects on OTPP's Success
Liam Kennedy of IPE reports that as he ends a six-year stint at the helm of Ontario Teachers’ and prepares for retirement, outgoing CEO Ron Mock reflects on the alignment of interests between the...
View ArticleCaisse, PSP Invest in Desmarais-Backed Fund
Barbara Shecter of the National Post reports that major pension plans join investor group pumping $229M into Portag3’s second fintech fund:The Caisse de dépôt et placement du Québec and the Public...
View ArticleTrans-Canada Capital Ready For Take Off?
Sarah Rundell of top1000funds reports that Air Canada’s TCC prepares for take off:Air Canada, the pension fund for Canada’s flagship carrier, is preparing to manage external assets in a bid to let...
View ArticleCPPIB's Big Investment in India's NIIF
The Canada Pension Plan Investment Board (CPPIB) put out a press release today stating it plans to invest up to US$600 million through National Investment and Infrastructure Fund (NIIF):National...
View ArticleThe 2019 Santa Rally?
Fred Imbert of CNBC reports the Dow surges more than 300 points on blockbuster jobs data, S&P 500 erases losses for the week:Stocks surged on Friday on the back of U.S. jobs growth that easily...
View ArticleBCI's Dunatov on the Limits of Diversification
Sarah Jones of top1000funds reports that Stefan Dunatov, head of investment strategy and risk at Canada’s BCI, says long term investors should forget about diversification at the strategic level and...
View ArticleCalPERS Chief Yoga Master Talks PE and More
Peter Smith of the Financial Times reports on CalPERS investment chief talking about private equity and yoga:From his home in Sacramento, Ben Meng starts the day with yoga and Bloomberg TV.“It’s...
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