Québec Pension Rides Private Equity To Big Year

Feb 22 2007 | 10:39am ET

Caisse de Dépôt et Placement du Québec was Canada’s most active buyout investor in 2006, and it paid off in a big way. The pension fund, Canada’s largest, earned 22% on its private equity investments last year, helping it earn a 14.6% average return, topping the average for the country’s pensions, which was 12.9%.

The Montréal-based fund was part of transactions valuing some US$31.2 billion last year, Bloomberg News reports. The fund manages about C$145 billion (US$124 billion) in assets.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...