Saturday, 18 April 2015
Last updated 17 hours ago
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.”
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…