Caisse Hedge Fund, Private Equity Investments Pay Off

Mar 2 2010 | 3:17am ET

Canada’s biggest public pension fund swung back to profit last year, helped in part by its hedge fund and private equity portfolios.

The Caisse de dépôt et placement du Québec posted a 10% return in 2009, earning C$11.8 billion on its investments last year. And its alternative investments did even better.

The C$131.6 billion pension’s hedge funds returned 13% last year, Caisse said. It’s private equity investments did even better, rising 18%, led by a whopping 34% return on its infrastructure investments.

“In 2009, we put the train back on the tracks,” CEO Michael Sabia said. “In 2010, we have to get the train up to cruising speed.”


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...