Newsmakers
CDPQ Names Sharon White as Head of Europe
The appointment of the former John Lewis chair and Ofcom CEO is effective January 27, 2025.
Tag: Caisse de dépôt et placement du Québec
Asset Allocation
CDPQ Acquires 25% Stake in Engie-Owned UK Hydroelectricity Provider
The C$452 billion pension fund bought the stake in a deal with Brookfield Asset Management.
Pensions
CDPQ to Build Forestland Portfolio in US Pacific Northwest
The Québecois pension plan will take a stake in asset manager Chinook Forest Partners as part of a new investment platform.
Pensions
CDPQ Acquires $546M Stake in Ohio Electric Utility
The Quebec pension fund’s indirect equity investment in AES Ohio is expected to close in the first half of 2025.
Asset Allocation
CDPQ, Canada Growth Fund Invest in MKB Energy Transition Fund
The funds, alongside BDC Capital and IQ, will allocate C$145 million to the MKB Partners Fund III.
Pensions
CDPQ Returns 4.2% in First Half of 2024
The returns raised the Canadian pension fund’s assets to C$452 billion, but its performance fell short of its benchmark’s 4.6% return.
Asset Allocation
CDPQ Finances $75M in Second Investment in Quebec Data Center Provider Vantage
Institutional investors are fueling momentum in data centers, which continue to grow in 2024, according to CBRE research.
Newsmakers
CDPQ Promotes Otéra Capital CEO to Lead Newly Consolidated Real Estate Division
Rana Ghorayeb will oversee the pension fund’s $57 billion portfolio as it consolidates its Ivanhoé Cambridge and Otéra Capital subsidiaries.
Pensions
CDPQ Announces 7.2% Return in 2023
Assets of the Quebec pension investment manager grew to $321.72 billion.
Manager Selection
CDPQ Extends CEO Charles Emond’s Term, Invests in Local Consultant, Japan Solar Plant
Emond, who became CEO in 2020, will remain until at least February 2029.
Pensions
CDPQ Aims to Save C$100M per Year by Bringing Real Estate Units Into Main Business
The Canadian pension giant is integrating Ivanhoé Cambridge and Otéra Capital, also announcing the April departure of Ivanhoé Cambridge CEO Nathalie Palladitcheff.
Asset Allocation
How 4 Canadian Pension Behemoths Achieved Investing Success
A research paper profiles value-enhancing deals by the likes of CDPQ and PSP.
Alternatives
Canada’s CDPQ Invests C$200M in Swedish EV Battery Developer
The investment will go toward the construction of a lithium-ion gigafactory in Quebec.
Asset Allocation
CDPQ Reports 4.2% Return for 1H 2023
Canada’s second-largest pension fund raised its portfolio’s asset value to C$424.2 billion.
News
Coinbase Keeps Expanding Despite Financial, Regulatory Woes
Battered crypto exchange sets up international operation, even as SEC scrutinizes its business practices.