White Smoke at the Caisse?
Last Thursday, Denis Lessard and André Dubuc of La Presse reported that CDPQ's board of directors is recommending Macky Tall to take over the helm of that organization as Michael Sabia sets to depart....
View ArticleCPPIB's CEO Sounds Alarm on Illiquid Assets
Paul Sambo of Bloomberg News reports that CPPIB's Mark Machin warns on global rush into illiquid assets:The biggest global funds should all be monitoring their investments in illiquid assets, according...
View ArticleThe World's Most Profitable Hedge Fund?
Nathan Vardi of Forbes reports Chris Hohn’s hedge fund firm, TCI Fund Management, made more money in financial markets than any of the world’s most successful hedge fund firms in 2019, marking his...
View ArticleValue Creation in Direct Private Equity
Before the holidays, Institutional Investor published a good interview with BlackRock’s Colm Lanigan, Co-Founder, Managing Director and Senior Investor, Long Term Private Capital, discussing value...
View ArticleThe Seemingly Unstoppable US Stock Market?
Jeff Cox of CNBC reports the stock market just set another record, this one going back to 1972:The seemingly unstoppable U.S. stock market continues to set new records, with the latest standard a trend...
View ArticleOPTrust Acquires Two Spanish Solar Plants
Bruc, OPTrust and Green Investment Group recently closed the acquisition of two solar plants from Solarpack in Alvarado, Spain: Bruc Iberia Energy Investment Partners has acquired from Solarpack two...
View ArticleThreatening Managers Over Climate Risk?
Owen Clark of the Financial Times reports that a large UK pension scheme is threatening managers over climate risk:One of Britain’s largest pension schemes has given its 130 asset managers a two-year...
View ArticleBig Investors Bowing Out of Hedge Funds?
Laurence Fletcher of the Financial Times reports on why some big investors have had enough of hedge funds:Pension funds and endowments have been the backbone of the hedge fund industry for much of the...
View ArticleCDPQ Appoints Charles Émond As Its New CEO
Caisse de dépôt et placement du Québec (CDPQ) has appointed Charles Émond as President and Chief Executive Officer:Following a thorough and rigorous selection process, the Board of Directors of Caisse...
View ArticleFast-Spreading Coronavirus Slams Stocks
Fred Imbert of CNBC reports the Dow drops 500 points as worries grow about the economic impact of the coronavirus:Stocks fell sharply on Friday, wiping out the Dow Jones Industrial Average’s gain for...
View ArticlePrivate Equity Falling Short of Expectations?
Alicia McElhaney of Institutional Investor reports that private equity is falling short of expectations at New York State Teachers’:The New York State Teachers’ Retirement System has made a bevy of new...
View ArticleCalSTRS Looking to Beef Up Private Equity
Alicia McElhaney of Institutional Investor reports that CalSTRS is looking to cut public equity allocation in favor of private markets:The California State Teachers’ Retirement System is moving money...
View ArticleGreenwashing ESG Risks in Emerging Markets?
Hexavest, a boutique investment firm based here in Montreal, recently put out an interesting blog comment where Jo-Annie Pinto, Vice President, Responsible Investing discusses the challenges and...
View ArticleAlberta Doesn't Need Another CPP Ponzi?
Franco Terrazzano, Alberta director for the Canadian Taxpayers Federation, recently wrote an op-ed comment for the National Post arguing that Alberta doesn’t need another pension Ponzi scheme:The last...
View ArticleMarkets Looking Beyond Coronavirus?
Fred Imbert of CNBC reports the Dow drops more than 250 points, snaps 4-day winning streak amid coronavirus worries:Stocks fell on Friday as worries over the coronavirus’ impact on the Chinese economy...
View ArticleBCI Beefs Up Its Data Analytics
Last week, the British Columbia Investment Management Corporation (BCI) announced the completion of an investment in ClearMacro:ClearMacro Ltd, (“CM”), the UK-based independent investment analytics...
View ArticleBehind Private Equity's Veneer
Amy Whyte of Institutional Investors reports on why co-investment funds are outperforming in private equity:Co-investing is becoming more popular — and with good reason, according to new research from...
View ArticleCanada's Pensions Revamping Real Estate?
Real Estate News Exchange reports that CPPIB, Goodman pump $2.5B into North American industrial fund:Goodman Group and the Canada Pension Plan Investment Board say they will invest an additional US$2.5...
View ArticleUS Congressman Goes After CalPERS's CIO
Alexandra Alper of Reuters reports that a US lawmaker is calling for the ouster of CalPERS CIO over China ties:A U.S. Republican lawmaker on Wednesday urged California to fire the chief investment...
View ArticlePrepare For The Crash of 2020?
William D. Cohan wrote an article for Vanity Fair on how hedge-funder Mark Spitznagel believes the central banks have created a monster they don’t know how to stop, and when it comes (like in 2008)...
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