To better understand...
The Caisse publishes its 2013 Annual Report
In addition to the detailed analysis of financial results published on February 26, 2014, this annual report includes sections on key elements to better understand the Caisse’s activities.
La Caisse de dépôt et placement du Québec and CRCD invest nearly $200 million in 186 Québec companies
In less than three years, close to $200 million has been invested in 186 companies across Québec in the first phase of the Capital croissance PME (CCPME) fund, according to its sponsors, Capital régional et coopératif Desjardins (CRCD) and La Caisse de dépôt et placement du Québec (CDPQ).
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New investments and commitments
$10.3B over four years
$11.9B since 2009
- Investments of $200 million in the Québec Manufacturing Fund
- Creation of Sodémex Développement, a $250-million fund intended to support mining companies in the development stage
- First phase of the Capital-Croissance PME fund: investments totalling $192 million made in 186 businesses in all regions of Québec
Growth in assets in Québec over four years
Total Québec assets in Québec as at December 31, 2013
The Caisse invests in successful Québec companies. Some recent examples include:
March 12, 2014 – WSP – Amount: $ 40 million
March 11, 2014 – BFL CANADA – Amount: $ 8 million
January 31, 2014 – McInnis Cement – Amount: $ 100 million
December 20, 2013 – Sunchef Foods Inc. – Amount: $ 10 million
December 12, 2013 – CAD Railway Industries Ltd. – Amount: $ 4 million
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Paris, France, July 29, 2014
Blackstone and Ivanhoé Cambridge complete the acquisition of 4,350,000 shares of Gecina representing 6.90% of share capital
A jointly-owned affiliate, managed by Blackstone, of real estate funds managed by Blackstone and of Ivanhoé Cambridge, both acting in concert, has completed the acquisition... More
Montréal, July 18, 214
La Caisse de dépôt et placement du Québec subscribes for convertible debenture of Urbanimmersive Technologies Inc.
La Caisse de dépôt et placement du Québec ( “La Caisse”) announced that, under the terms of a subscription agreement, it has subscribed for secured convertible debenture (the “Debenture”) of Urbanimmersive Technologies Inc. ... More
Montréal, July 10, 2014
La Caisse announced today that it is acquiring a 24.7% interest in Invenergy Wind, one of the leading stakeholders in the North American wind power industry.... More
New York City, New York, and Montreal, Quebec, Canada, June 26, 2014
Ivanhoé Cambridge and its partner, Callahan Capital Properties, announced today the acquisition of a 49% interest in 330 Hudson in Manhattan for approximately US$150 million through a joint venture... More
Quebec City, Quebec, June 11, 2014
Ivanhoé Cambridge today unveiled the results of its major restoration of the Fairmont Le Château Frontenac, one of the world’s most iconic and photographed hotels. Following an initial investment... More
Did you know?
Additional $230 million for Québec small caps – La Caisse and Desjardins Group launched Phase II of the Capital Croissance PME fund, injecting an additional $230 million into the fund to foster the development and growth of companies throughout Québec.
Strengthening the next generation of financial technology leaders – La Caisse awarded a $10,000 bursary to the recipient of the Relève universitaire award for his innovative financial technology project. The prize was awarded at the first Forum FinTech, organized by Finance Montréal in May 2013.
Plan Montréal – In 2013, Ivanhoé Cambridge, one of La Caisse’s real estate subsidiaries, became the sole owner of Place Ville Marie, downtown Montréal’s landmark property. This investment is the first step in a comprehensive, ambitious plan to enhance the vitality of downtown Montréal.
Creation of Sodémex Développement – In 2013, La Caisse created this $250-million fund to invest amounts of $5 million to $20 million in mining companies in the development stage. This is in addition to the $75 million earmarked by Sodémex Exploration. La Caisse is now involved in all the stages of growth of Québec natural resource companies.
Development of entrepreneurship – As partner of the 15th Concours québécois en entrepreneuriat, in 2013 La Caisse awarded a bursary of $1,500 to winning companies in each of Québec’s regions.
Carrefour de stages – In 2013, La Caisse hired 12 interns as part of a pilot project by Finance Montréal to provide finance students with practical training that meets market needs. The project facilitates collaboration between companies and universities.
New commitment in the Québec manufacturing sector – In 2013, La Caisse injected an additional $100 million into the Québec Manufacturing Fund, which will continue to support the development and growth of Québec’s manufacturing companies.
Annual conference on responsible investment – Organized by La Caisse in 2013, this second annual conference addressed the theme of water. A series of specialists discussed this strategic resource and shared their expertise and experience in the management of water-related issues.
Bénévolat d'affaires – In partnership with Bénévoles d’affaires, twelve matches were made in 2013 to allow La Caisse employees to serve on boards of directors or in work committees and thereby share their expertise with community organizations.
Financial engineering – Each year, several professionals from La Caisse make a presentation on their professional discipline to students enrolled in the post-graduate financial engineering program at the École de technologie supérieure (ÉTS). Offered in collaboration with La Caisse since 2011, this program gives graduates the technical education they need to better grasp the inner workings of financial markets.