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.
Tag: CPPIB
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.
Pensions
Canada Pension Plan Increases Green, Transition Investments by 20% to C$79B
The pension fund also said its internal operations have reached carbon neutrality for scope 1, 2 and 3 emissions.
Newsmakers
Canada Pension Plan Promotes Manroop Jhooty to Head of Total Fund Management
Jhooty will lead the team responsible for implementing the C$575 billion pension fund’s investment framework.
Pensions
Alberta Threatens Breakaway From Canada Pension Plan
Provincial leaders want more independence from the federal government and commissioned a report to study potential financial terms of a separate fund.
Risk
CPPIB Loses 0.8% in Q1 Fiscal 2024
Despite the investment loss, net transfers helped raise the Canadian pension giant’s asset value to C$575 billion.
Newsmakers
OMERS Names CPPIB’s Michael Hill Head of Infrastructure
Hill was most recently managing director and head of the sustainable energies group at Canada’s largest pension fund.
Asset Allocation
How 5 Of the World’s Largest Pension Funds Invest to Combat Climate Change
It’s trickier for some, like the Norwegian program, which is funded by North Sea oil.