Monday, 30 May 2016
Last updated 2 days ago
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.