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On CPP Investments' Insanely Large Allocation to Private Equity

Pension Pulse

CPP Investments invests in private equity in two ways. The first is via direct investments, where it holds ownership stakes that vary from passive, minority positions, up to 100% control of private companies. The second is through private equity funds run by private equity firms, such as KKR and Blackstone.

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CPP Investments' CEO Warns Against Meddling in UK Pensions

Pension Pulse

However, some schemes said the higher costs of investing in unlisted companies could push up their own fees and deter investors. Nest, the UK government-backed workplace pension fund, said it preferred proven business models to early-stage venture capital.

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Canadian LPs Selling PE Stakes in Higher-For-Longer Environment

Pension Pulse

This occurs when the value of bonds and shares of publicly listed firms decline, as they did recently, bringing down the total assets of a pension fund. Canadian pension funds are among the largest private equity investors in the world. Denominator effect The first is what’s known as the “denominator effect.”

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This Week in Pensions & Investments: 03-11-2023

Pension Pulse

Michiel Willams of Net Zero Investor reports OMERS’ sustainability chief on why the C$127bn fund’s green investment spree will not slow down: OMERS, the defined benefit (DB) plan for municipal employees in Ontario, is increasingly positioning itself as one of Canada's greenest pension fund investors. to sell its 24.5%

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CDPQ Posts 7.2% Return in 2023

Pension Pulse

CDPQ's own public equities portfolio saw its performance "driven by growth stocks, as well as by large positions in Quebec companies, which performed well." The private equity portfolio was affected by interest rate hikes as well as by an increase in financing costs, which affected certain private companies.

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APG and Ivanhoé Cambridge Back Scape's $658M Student Housing JV in Australia

Pension Pulse

Earlier today, Ivanhoé Cambridge issued a press release stating Scape Australia closed its third PBSA development JV at AUD1.0bn alongside it and APG: Sydney, Australia, April 9, 2024 – Scape Australia has formed a partnership with Dutch pension investor APG Asset Management N.V. (‘APG’) What about Canada?

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Are CPP Investments' 'Ideological Goals' Costing Canadians Money?

Pension Pulse

They’re talking about asset management firms, in which public pension funds often have investments, supporting shareholder proposals meant to achieve social justice or climate objectives yet of dubious financial value. They could simply carry on trying to maximize returns.