Pensions
CDPQ Acquires $546M Stake in Ohio Electric Utility
The Quebec pension fund’s indirect equity investment in AES Ohio is expected to close in the first half of 2025.
Tag: CDPQ
Pensions
CDPQ, FTQ Invest $424M in Québec Energy Provider
The financing will assist Énergir in developing renewable energy projects.
Asset Allocation
CDPQ, Canada Growth Fund Invest in MKB Energy Transition Fund
The funds, alongside BDC Capital and IQ, will allocate C$145 million to the MKB Partners Fund III.
Pensions
CDPQ Returns 4.2% in First Half of 2024
The returns raised the Canadian pension fund’s assets to C$452 billion, but its performance fell short of its benchmark’s 4.6% return.
Asset Allocation
CDPQ Finances $75M in Second Investment in Quebec Data Center Provider Vantage
Institutional investors are fueling momentum in data centers, which continue to grow in 2024, according to CBRE research.
Asset Allocation
Home Bias: Do Canadian Pensions Need to Invest More in Canada?
Canadian lawmakers and business leaders criticize the country’s pension funds for not investing more domestically, but doing so could introduce risks, a new paper states.
Newsmakers
CDPQ Promotes Otéra Capital CEO to Lead Newly Consolidated Real Estate Division
Rana Ghorayeb will oversee the pension fund’s $57 billion portfolio as it consolidates its Ivanhoé Cambridge and Otéra Capital subsidiaries.
Pensions
CDPQ Announces 7.2% Return in 2023
Assets of the Quebec pension investment manager grew to $321.72 billion.
Manager Selection
CDPQ Extends CEO Charles Emond’s Term, Invests in Local Consultant, Japan Solar Plant
Emond, who became CEO in 2020, will remain until at least February 2029.
How to Navigate Energy Transition Risks
The amount of investment needed for this enormous task is $4 trillion yearly, but the effort is gearing up now.
Pensions
CDPQ Aims to Save C$100M per Year by Bringing Real Estate Units Into Main Business
The Canadian pension giant is integrating Ivanhoé Cambridge and Otéra Capital, also announcing the April departure of Ivanhoé Cambridge CEO Nathalie Palladitcheff.
Asset Allocation
How 4 Canadian Pension Behemoths Achieved Investing Success
A research paper profiles value-enhancing deals by the likes of CDPQ and PSP.
Alternatives
Canada’s CDPQ Invests C$200M in Swedish EV Battery Developer
The investment will go toward the construction of a lithium-ion gigafactory in Quebec.
Asset Allocation
CDPQ Reports 4.2% Return for 1H 2023
Canada’s second-largest pension fund raised its portfolio’s asset value to C$424.2 billion.
Asset Allocation
CDPQ Reports It Is on Target to Reach Net Zero by 2050
The Québecois pension fund increased its green asset investments by C$29 billion over five years.