Pension Investments

The Canada Pension Plan Investment Board (CPPIB) has announced it is obtaining a 6.3 per cent stake in ReNew Power from the Asian Development Bank for US$144 million. “ReNew Power is a leading Indian renewable energy developer and operator with clean energy capacity diversified across wind, utility-scale solar and...

The Canada Pension Plan Investment Board (CPPIB) is joining a leading property and infrastructure group to launch a “major U.K. Build-to-Rent investment partnership, with an initial target to invest £1.5 billion in the sector,” reports the board. “The partnership will begin with an investment of c.£450 million in the...

It has taken two years since implementation but plan sponsors and administrators now have “guidance on Quebec’s supplemental pension plan legislation,” writes Julius Melnitzer for Benefits Canada. Funding policies, annuity purchases and variable benefits are among the key features addressed by the regulations, which...

The Public Sector Pension Investment Board (PSP Investments) is growing its interest in the New Zealand farm sector with a $17.7 million purchase of a medium-sized dairy farm. The investment was made “just ahead of tougher requirements on land sales to foreign buyers,” reports the Otago Daily Times. ” Ramsay...

The federal government believes the Canada Infrastructure Bank is a potential source of funding for large cross-border projects, and hopes the Americans think so as well. The feds are promoting the bank to the Trump administration for those large, shared projects, writes Bill Curry for the Globe and Mail. “Private...

Retirement is a marker in the lives of most people, even if it’s less of a fixed one than it used to be. Many factors, including adequate accumulation of retirement income, lead to delayed retirement for many, but regardless of when retirement comes its “changing nature” will likely have broad impact, writes Gwenith G....

The Canada Pension Plan Investment Board (CPPIB) has joined with Cortland Partners and GIC in announcing the formation of a joint venture to acquire and renovate 8,000 to 10,000 multifamily units in the United States. The venture involves generating a targeted equity sum of US$550 million to obtain and renovate the...