Pensions
CPP Investments Assets Reach $490B After Big Quarterly Gain
Canada’s largest pension fund returned 3.8% last quarter and has returned 8.6% over the nine-month fiscal year-to-date period.
Tag: CPPIB
Alternatives
Canadian Pension Plan Strikes 2 More Real Estate Deals
The pension giant’s latest ventures in Brazil and South Korea bring its January deal total to four.
Asset Allocation
NBIM Acquires $1B Stake in Logistics Portfolio From CPP Investments
NBIM takes a 45% interest in a 48-building U.S. portfolio, while the Canadian Pension Plan separately divested from a real estate joint venture in China.
Asset Allocation
CPPIB, Pacific Asset Management Launch South Korea Data Center Joint Venture
The Canada Pension Plan Investment Board’s C$285 million commitment follows several recent data center investments.
Pensions
US Equities Buoy Canada Pension Plan’s 3.6% Return in Q2
The pension giant’s asset value rose to C$675.1 billion, as of the end of September.
Asset Allocation
CPP Investments Launches Joint Venture to Bolster UK Housing Market
The C$648.8 billion pension giant will own a 90% stake, while real estate firm Kennedy Wilson will take a 10% interest and manage the operation.
Pensions
CPP Investments Makes Additional C$532M Commitment to Brazilian Water Company
The Canadian pension fund previously owned a 61.4% stake in Iguá Saneamento.
Asset Allocation
CPPIB, Blackstone Acquire Australian Data Center Operator
The duo will purchase AirTrunk from a consortium of investors.
Asset Allocation
CPPIB Ekes Out 1% Gain in Q1, Promotes Caitlin Gubbels to Head of Private Equity
Public and private assets helped the pension fund swing from a loss one year earlier to raise its asset value to $471.5 billion.
Newsmakers
CPP Promotes New Chief Risk Officer
Priti Singh, the fund’s capital markets factor investing head, has been promoted to CRO, while Heather Tobin succeeds her.
Asset Allocation
CPP Investments Returns 8% in Fiscal 2024
Net assets rose to $462.66 billion in the period ending March 31.
Asset Allocation
CPPIB and Global Infrastructure Partners to Acquire Energy Provider Allete
The company will be acquired for $67.00 a share in a take-private deal worth $6.2 billion.
Asset Allocation
Octopus Energy Receives New Investments from CPPIB, GIM
The energy provider, recipient of a $370 million funding round, increases valuation to $9 billion.
Pensions
CPP Investments Consolidates Wind Energy Investments
UK-based Reventus Power will consolidate the on and offshore investments of the pension fund.
Asset Allocation
Canada Pension Plan Investments Lose 0.7% in 1st Half of Fiscal 2024
The pension giant also sold a buyout fund portfolio for C$2 billion and German wind assets for C$374 million.