The firm is expanding and diversifying its business into renewables across North America, the Quebec allocator said.
Why big allocators on this side of the Atlantic, like CalSTRS, CPPIB, and OMERS, are seeding Old World newbie companies.
The cash flow is solid, except for occasional problems like pandemic-reduced traffic volumes.
These vital physical assets are a steady-returning opportunity that American pension programs under-utilize, fans say.
The fast-growing online subscription commerce platform will use the Canadian pension giant’s capital to expand overseas.
