Newsmakers
Andrew Alley Named Global Head of Infrastructure Investments at PSP
Alley will move from a similar role at the Canada Pension Plan Investment Board.
The latest transaction marks the pension fund’s fourth significant investment in Indian infrastructure since 2022.
The allocations come from a Nest-seeded global infrastructure debt fund that IFM is managing.
The issuance from the Ontario pension subsidiary is the largest to date within the Canadian power and utilities sector.
The Canadian pension fund returned 2.2% during the first half of 2025 to raise its asset value to C$140.7 billion.
The pension fund sold its stakes in the five airports it owned in multiple transactions spanning fewer than three months.