La Caisse related stories
All articles and analysis
Macquarie tops new ranking of infrastructure investorsBank-affiliated infrastructure platforms dominate The Infrastructure Investor 30, a new annual ranking of industry players. Together the 30 largest infrastructure investment groups have formed $140.5bn of capital for the asset class over the past five years.
- Direct investors top Infrastructure Investor 30
For pensions looking to get into infrastructure, the inaugural ranking of the 30 largest infrastructure investors in the world – compiled by Infrastructure Investor magazine – shows that direct investing is the way to build a hefty investment programme in the asset class.
- Fortress to buy loan servicer from Caisse de dépôt
Apollo and Centerbridge reportedly lost out to Fortress for the US’ second-largest special servicer, which was expected to fetch $200m.
- Apollo, Centerbridge reportedly in talks for CW Financial
As the parent company of CWCapital searches for a buyer, Apollo Global and Centerbridge Capital have reportedly made competing bids, while Warren Buffett is also eyeing the US’ second largest special servicer.
- Macklowe office stake taken over by Caisse subsidiary
Otera Capital Corp, part of Canadian pension fund Caisse de depot et placement du Quebec, has reportedly bought part of the 1330 Avenue of the Americas building after the property developer defaulted on a $130 million mezzanine loan.
- Development finance LPs back ILPA guidelines
CDC and Norfund are among a group of LPs that want to ensure ‘the next generation of emerging market private equity funds are raised on terms that reflect the principles’.
- FondInvest hires Proventure founder as partner
Catherine Lewis La Torre, co-founder of fund of funds Proventure, will help Fondinvest to invest two recently closed funds.
- RE to blame for $5.7bn loss at Caisse de depot
After real estate losses constituted the biggest part of the Canadian pension’s $5.7 billion loss for the half-year to 30 June, it has decided to “reposition” its real estate exposure.
- La Caisse suffers significant drops in alternative portfolios
The Canadian pension's private equity platform had a negative 32% return last year, which it blamed in part on two Lone Star funds. It also took large hits on its real estate and infrastructure investments.
- Former BCE chief to lead Caisse de dépôt
Michael Sabia, the ex-CEO of BCE who worked on the failed take-private of the Canada telecoms company, has been appointed president of the C$120bn Canadian pension.