Pensions
SpaceX Fuels Ontario Teachers’ 9.5% H1 Return
But the stake may be a drag on Q3 results, as its value has plummeted by nearly $2 billion in two months.
But the stake may be a drag on Q3 results, as its value has plummeted by nearly $2 billion in two months.
Sanjiv Aggarwal will join the $5 billion sovereign-linked pension fund from U.K. investment firm Actis.
A research paper profiles value-enhancing deals by the likes of CDPQ and PSP.
Cherki will oversee a team of 40 and manage the pension fund’s C$29.3 billion real estate portfolio.
That’s nearly five times its valuation in 2012, when Ontario Teachers’ sold its 79.53% stake for almost $1.3 billion.
Bruce Crane has managed the Canadian pension fund’s infrastructure and natural resources investments in the region since 2020.