Like many large institutional investors looking to offset the impact of chronically low interest rates on longterm liabilities, the Ontario Teachers’ Pension Plan set its sights on opportunities in Alberta’s oil patch when oil prices slumped. 484 more words
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TORONTO – The Ontario Teachers’ Pension Plan says it has an agreement with Cenovus Energy Inc. to acquire Cenovus’s wholly-owned subsidiary, Heritage Royalty Limited Partnership, in a deal worth about $3.3 billion. 124 more words
Calgary-based green power company BluEarth Renewables Inc. has had its two major shareholders reduced to one, with the Ontario Teachers’ Pension Plan buying out Calgary private equity firm ARC Financial Corp. 291 more words
Banco Santander SA, Spain’s largest bank, started a low-carbon and water investment company backed by $2 billion in assets with two Canadian pension funds.
Cubico Sustainable Investments, based in London, will be held equally by Santander, the Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board, the investment company said Thursday. 176 more words
Ontario Teachers’ Pension Plan is exploring a sale or initial public offering of Alliance Laundry, a commercial laundry-equipment maker, people with knowledge of the matter said. 178 more words
Ontario Teachers' Pension Plan reports surplus, but warns of headwinds from oil slump, market turmoil
The Ontario Teachers’ Pension Plan rang up a surplus for the second year in a row in 2014.
However, demographics and geopolitical uncertainty continue to challenge Canada’s largest single profession pension plan. 373 more words
Another senior pension executive is moving on.
Neil Petroff, the chief investment officer of the Ontario Teachers’ Pension Plan, is retiring June 1.
“Neil’s contribution to teachers’ success cannot be overstated,” said Ron Mock, chief executive of the pension manager. 140 more words