Asset Allocation
CPPIB, Blackstone Acquire Australian Data Center Operator
The duo will purchase AirTrunk from a consortium of investors.
Sanjiv Aggarwal will join the $5 billion sovereign-linked pension fund from U.K. investment firm Actis.
Hill was most recently managing director and head of the sustainable energies group at Canada’s largest pension fund.
CPPIB says it’s critical for long-term investors to understand ‘generational shifts’ caused by the pandemic.
Strong investment gains raise total asset value to C$434.4 billion.