Home Canada

Canada

Ralph Berg OMERS
Annesley Wallace will replace Berg as head of the C$109bn Canadian pension’s infrastructure group.
In addition to the $2.34bn raised, investors, which now include PSP Investments and the US development finance institution, will also have $3bn in co-investment rights.
The new platform will be led by former GE Capital MD Bob Psaradellis, while ex-Green Investment Bank CEO Shaun Kingsbury joins as chairman.
The Canadian firm has already made four seed investments from BID II, which it raised in a little over a year.
Manulife office in Hong Kong
Albamen Capital Partners will invest in renewable energy and digital infrastructure, as well as 'other power-intensive infrastructure assets' in China.
solar energy farm
Part of the funds will go towards the $2bn the firm is looking to invest in renewables and waste infrastructure in APAC over the next two years.
Button on a car dashboard
The firm's Global Transition Fund will invest in assets that will move the economy towards net-zero, including renewables, industrial businesses and infrastructure, chief executive Bruce Flatt said on the firm's Q3 2020 results call.
REM - Light rail - Montreal
The Canadian pension has shown resilience during the pandemic, despite recording a 1% loss in the first half of the year, infrastructure chief Emmanuel Jaclot tells us.
The manager was originally targeting $1.75bn for its second mezzanine fund, expected to reach a final close as early as end of October.
Shah will oversee Brookfield’s push into new areas, such as insurance and secondaries, which together have a projected long-term value of up to $450 billion.
ii
ii

Copyright PEI Media

Not for publication, email or dissemination