Caisse de dépôt et placement du Québec (la Caisse) today released its financial results for the year ended December 31, 2018. The annualized weighted average return on its clients’ funds was 4.2% in 2018 and 8.4% over five years.
Caisse de dépôt et placement du Québec (“CDPQ”) announced today a major investment in Allied Universal (the “Company”), the leading security services provider in North America, alongside company management and Warburg Pincus and Wendel, its current financial partners. The transaction values Allied Universal at more than US$7 billion.
La Caisse de dépôt et placement du Québec (“CDPQ”) is participating, as an investor, in the creation of two new funds announced earlier today by iNovia Capital, a Québec venture capital firm. CDPQ will invest USD75 million (CAD100 million) for its fund targeting growing technology companies, and USD20 million (CAD27 million) will be earmarked for its fund for startups.
Cirque du Soleil Entertainment Group announces today the acquisition of The Works Entertainment and the signature of a US$120 million credit facility made available by the Fonds de solidarité FTQ (the Fonds) and the Caisse de dépôt et placement du Québec (la Caisse). This financing namely allows for the acquisition of the U.S-based company that has made its mark in medium-scale theatre production with successful magic shows like The Illusionists and Now You See Me Live, and will support the future growth of the company.
Caisse de dépôt et placement du Québec, National Bank and Desjardins Group have joined together for a second year to induct exceptional entrepreneurs into the Cercle des Grands entrepreneurs du Québec.
Global real estate investors Ivanhoé Cambridge, a real estate subsidiary of Caisse de dépôt et placement du Québec and Oxford Properties, the real estate arm of OMERS, announce that they have signed a 50-50 joint venture partnership agreement to invest in recently acquired U.S. logistics company IDI Logistics and all of its assets from a Brookfield-sponsored real estate fund for an undisclosed amount.
La Caisse de dépôt et placement du Québec (la Caisse) announced, alongside the Government of Québec, an investment in AddEnergie, a North American leader in electric vehicle charging solutions.
Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, and global real estate investor Ivanhoé Cambridge today announced the close of their agreement to form an approximately $880 million, 20/80 joint venture in Brazil.
