CPPIB

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on WSP Global Inc. (TSX: WSP)

Retrieved on: 
Wednesday, April 3, 2024
RCN, Tax, Biography, Dimensions of globalization, Wood, Corruption, Biophysical environment, EPS, WSP, International, International Financial Reporting Standards, Church, ESG, Genivar, Policy, Classification, Transport, Public expenditure, Record, Humboldt Hill, California, CPPIB, Nature, Outline, TSX, OECD, PwC, Engineering, WSP Global, Retirement, Public sector, Geography, Language, LTM, Audit committee

The Company was formed when Canada’s Genivar Inc. (TSX: GNV) acquired WSP Group plc in the U.K. in 2012.

Key Points: 
  • The Company was formed when Canada’s Genivar Inc. (TSX: GNV) acquired WSP Group plc in the U.K. in 2012.
  • Ever since, WSP has been built largely as a roll-up acquiror and has acquired 22 companies totaling $4.3 billion since 2020.
  • As a reminder, our full report, along with its investment disclaimers, can be downloaded and viewed at www.SprucePointCap.com .
  • As disclosed, Spruce Point and/or its clients have a short position in WSP Global Inc. (TSX: WSP) and own derivative securities that stand to net benefit if its share price falls.

Walker & Dunlop Funds $380M for Student Housing Credit Facility

Retrieved on: 
Wednesday, February 7, 2024
Professional Services, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Public Relations, Investor Relations, Other Professional Services, Urban Planning, Communications, Building Systems, REIT, Finance, Consulting, Partnership, Multimedia, University, GAV, CPPIB, Scion, Gross asset value, Housing, Capital, SSC, Walker & Dunlop, Investment, Fannie Mae, DUS, Bed, CPP Investment Board, Bank

The Scion Group is the largest owner/operator of off-campus student housing communities globally, with over 80,000 beds in its portfolio.

Key Points: 
  • The Scion Group is the largest owner/operator of off-campus student housing communities globally, with over 80,000 beds in its portfolio.
  • This latest financing marks a significant milestone as Walker & Dunlop has now originated over $3 billion in debt for Scion.
  • The new facility allowed the borrower to eliminate all floating rate exposure in their original credit facility while refinancing several maturing one-off loans.
  • Walker & Dunlop is a leader in student housing financing and sales.

BridgeBio Pharma Secures up to $1.25 Billion of Capital from Blue Owl and CPP Investments to Accelerate the Development and Launch of Genetic Medicines

Retrieved on: 
Thursday, January 18, 2024
DSM-IV codes, Patient, CPP, Investment, Cooley LLP, CFA, PALO, Latham & Watkins, Morgan Stanley, Blue Owl Capital, Cancer, FDA, CPP Investment Board, Doctor of Philosophy, CPPIB, Pharmaceutical industry

PALO ALTO, Calif., Jan. 18, 2024 (GLOBE NEWSWIRE) -- BridgeBio Pharma, Inc. (Nasdaq: BBIO) (BridgeBio or the Company), a commercial-stage biopharmaceutical company focused on genetic diseases and cancers, today announced strategic financing from Blue Owl Capital (Blue Owl) and Canada Pension Plan Investment Board (CPP Investments), through a wholly owned subsidiary (CPPIB Credit) of CPPIB Credit Investments Inc., bringing in capital of up to $1.25 billion.

Key Points: 
  • “Acoramidis has demonstrated an impressive and differentiated clinical profile, and we believe it will be an important advancement in the treatment of ATTR-CM.
  • Further, BridgeBio’s promising pipeline of late-stage targeted rare disease therapies address critical unmet needs in these underserved populations.
  • “Investments in leading therapies also help to diversify our capital allocations to income streams that are typically uncorrelated to the broader capital markets.”
    Morgan Stanley & Co. LLC acted as sole structuring agent on the transactions.
  • Latham & Watkins served as legal advisor to BridgeBio and Cooley LLP advised Blue Owl.

Quarterra Multifamily Announces Topping Off at The Dori Apartments

Retrieved on: 
Tuesday, July 11, 2023
National Green Building Standard, Miami Dolphins, Lennar, Miami-Dade Arena, Miami Heat, Partnership, EV, Hoist, Carbon footprint, Code, Univision, Refrigeration, 1997 Florida Marlins season, GE, NW, Certification, Hard Rock Stadium, Development, Community, Nature, Island, Dori, Water, Coral Gables, Florida, Publix, Miami Marlins, Miami International Airport, Environment, Carnival Cruise Line, Miami, BLT, CPPIB, Common, Hotel, Atlantic Ocean, Crema

DORAL, Fla., July 11, 2023 /PRNewswire/ -- Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, in partnership with CPPIB, today announced the topping off of The Dori, Quarterra's latest community in Doral, Fla.

Key Points: 
  • DORAL, Fla., July 11, 2023 /PRNewswire/ -- Quarterra Multifamily , a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, in partnership with CPPIB, today announced the topping off of The Dori, Quarterra's latest community in Doral, Fla.
  • The Dori, a 222-home mid-rise community, is inspired by nature and designed to complement both the lifestyle and natural surroundings in South Florida.
  • With the Everglades, Florida Keys and Miami Beaches as a backdrop, The Dori emits a balance of clean, natural, earthy and active elements.
  • "The Dori takes its cues from its surroundings and is strategically designed to capture the inherent aesthetics of South Florida," said Michael Pelzcar, Vice President of Development for Quarterra.

SAP Completes Sale of Its Stake in Qualtrics as Silver Lake and CPP Investments Complete Qualtrics Acquisition

Retrieved on: 
Wednesday, June 28, 2023
Silver, Qualtrics, Acquisition, SAP, NYSE, CPP Investment Board, CPPIB, SAP SE, Security (finance), Maple syrup

WALLDORF, Germany, June 28, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that Silver Lake Management, the global leader in technology investing, and its co-investors along with the Canada Pension Plan Investment Board (CPPIB), have completed the acquisition of all the issued and outstanding shares of Qualtrics, including all shares owned by SAP, at a purchase price of US$18.15 in cash per share.

Key Points: 
  • WALLDORF, Germany, June 28, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that Silver Lake Management, the global leader in technology investing, and its co-investors along with the Canada Pension Plan Investment Board (CPPIB), have completed the acquisition of all the issued and outstanding shares of Qualtrics, including all shares owned by SAP, at a purchase price of US$18.15 in cash per share.
  • SAP will remain a close go-to-market and technology partner to Qualtrics, servicing joint customers and continuing to contribute to their success.

PSP Investments posts 4.4% return in fiscal year 2023, demonstrating resilience and outperforming markets in a challenging environment

Retrieved on: 
Wednesday, June 7, 2023
Human resources, Cash, Private equity, Public Sector Pension Investment Board, Senior, Investment, Capital market, Communes of Burundi, Real assets, GHG, Real estate, Equity, Private equity real estate, Government, Goldman Sachs, AUM, Executive Committee, Natural Resources, Growth, Alternative Credit Investments, Health, Bias, CPP Investment Board, PSP, CPPIB, Security (finance), Renewable energy, Management, Pension fund

Fixed Income ended the fiscal year with a net AUM of $45.0 billion, an increase of $4.3 billion from the end of fiscal year 2022.

Key Points: 
  • Fixed Income ended the fiscal year with a net AUM of $45.0 billion, an increase of $4.3 billion from the end of fiscal year 2022.
  • During fiscal year 2023, Mr. Oliver Duff was promoted to Senior Vice President, Global Head of Credit Investments and became a member of PSP Investments' Executive Committee.
  • In addition to delivering resilient performance, PSP Investments continued to advance its strategic objectives during the fiscal year.
  • During fiscal year 2023, existing PSP Investments senior management members have taken on expanded responsibilities.

PSP Investments posts 4.4% return in fiscal year 2023, demonstrating resilience and outperforming markets in a challenging environment

Retrieved on: 
Wednesday, June 7, 2023
Human resources, Cash, Private equity, Public Sector Pension Investment Board, Senior, Investment, Capital market, Communes of Burundi, Real assets, GHG, Real estate, Equity, Private equity real estate, Government, Goldman Sachs, AUM, Executive Committee, Natural Resources, Growth, Alternative Credit Investments, Health, Bias, CPP Investment Board, PSP, CPPIB, Security (finance), Renewable energy, Management, Pension fund

Fixed Income ended the fiscal year with a net AUM of $45.0 billion, an increase of $4.3 billion from the end of fiscal year 2022.

Key Points: 
  • Fixed Income ended the fiscal year with a net AUM of $45.0 billion, an increase of $4.3 billion from the end of fiscal year 2022.
  • During fiscal year 2023, Mr. Oliver Duff was promoted to Senior Vice President, Global Head of Credit Investments and became a member of PSP Investments' Executive Committee.
  • In addition to delivering resilient performance, PSP Investments continued to advance its strategic objectives during the fiscal year.
  • During fiscal year 2023, existing PSP Investments senior management members have taken on expanded responsibilities.

Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre

Retrieved on: 
Wednesday, March 15, 2023
REIT, Finance, Banking, Professional Services, Construction & Property, Desautels Faculty of Management, Canada, Corporate services, General Electric, Credit Suisse, Financial services, NYSE, Bachelor of Commerce, BGC Partners, Business, CFA Institute, Private equity, Housing, Annaly Capital Management, Students' Society of McGill University, CPPIB, Senior, MBA, Senior advisor, CFA, CPP Investment Board, Annaly, Caisse, Warburg Pincus, Commerce, CDPQ, Shareholder, University of Chicago Booth School of Business, McGill University, Votorantim Energia, NORC at the University of Chicago, DLJ, Cerberus Capital Management, University, NLY, Corporation, Holding company, Management, Security (finance)

Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) announced today that the Board of Directors of the Company (the “Board”) has elected Martin Laguerre, Senior Advisor at Warburg Pincus, as an independent member of the Board, effective March 13, 2023.

Key Points: 
  • Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) announced today that the Board of Directors of the Company (the “Board”) has elected Martin Laguerre, Senior Advisor at Warburg Pincus, as an independent member of the Board, effective March 13, 2023.
  • “We are thrilled to appoint Martin to our Board and as a member of our Audit and Corporate Responsibility Committees,” said Michael Haylon, Chair of Annaly’s Board of Directors.
  • From 2016 to 2019, Mr. Laguerre was a Senior Principal at CPP Investment Board (formerly CPPIB), a Canadian pension fund.
  • Representing CDPQ, Mr. Laguerre previously served as a board member of Sagen MI Canada, a Canadian mortgage insurance provider.

Martin Laguerre Joins Warburg Pincus as Senior Advisor

Retrieved on: 
Monday, February 27, 2023
McGill University, Knowledge, Credit Suisse, Financial services, CFA Institute, University, DLJ, Votorantim Energia, University of Chicago Booth School of Business, Senior, MBA, Warburg Pincus, CFA, Business, Caisse, CPP Investment Board, CPPIB, Canada, Private equity, CDPQ, Corporate services, Pritzker School of Molecular Engineering at the University of Chicago, General Electric, Bachelor of Commerce, Commerce, Security (finance)

NEW YORK, Feb. 27, 2023 /PRNewswire/ -- Warburg Pincus, a leading global growth investor, today announced the appointment of Martin Laguerre as a Senior Advisor working with its Capital Solutions, Financial Services and Business Services groups. Mr. Laguerre will support the firm in identifying and evaluating new investment opportunities, while leveraging his knowledge of the Canadian markets as well as his vast sector expertise and decades of leadership experience.

Key Points: 
  • NEW YORK, Feb. 27, 2023 /PRNewswire/ -- Warburg Pincus, a leading global growth investor, today announced the appointment of Martin Laguerre as a Senior Advisor working with its Capital Solutions, Financial Services and Business Services groups.
  • Mr. Laguerre has broad experience in private equity, mergers and acquisitions, investment strategy, and finance.
  • From 2016 to 2019, Mr. Laguerre was a Senior Principal at CPP Investment Board (formerly CPPIB), a Canadian pension fund.
  • "Martin's deep industry expertise, coupled with his relationships and diverse skill set, will be uniquely valuable to Warburg Pincus.

MERLIN ENTERTAINMENTS APPOINTS SCOTT M. O'NEIL CHIEF EXECUTIVE OFFICER

Retrieved on: 
Monday, November 14, 2022
Growth, Scott, Prudential Center, NBA, Board, HBSE, Sydney Tower, Grammy Museum, Villanova University, CPPIB, St. Martin's Press, Friends, Blackstone, NFL, Harvard Business School, Organization, NHL, Grammy Museum Experience, Group, Leadership, Harris Blitzer Sports & Entertainment, Heide Park, Marketing, Industry, Elevate, Sport, Madison Square Garden, Eye, Culture, Retirement, Merlin, National Basketball Association, National, LEGO, CEO, SEA, Merlin Entertainments, Philadelphia Eagles, Business administration, O'Neill dynasty, New Jersey Devils, HASBRO, Sony Pictures, Entertainment, Amusement park, Video game, Management, New York Rangers

LONDON, Nov. 14, 2022 /PRNewswire/ --  Merlin Entertainments, Europe's largest and the world's second-largest visitor attraction operator, today announces the appointment of 25-year sports and entertainment industry veteran Scott M. O'Neil as Chief Executive Officer, effective 15 November 2022. O'Neil will be responsible for overseeing the business operations and global growth for Merlin Entertainments across its 147 attractions in 24 countries. O'Neil's appointment comes following outgoing CEO Nick Varney's decision to retire after 23 years.

Key Points: 
  • LONDON, Nov. 14, 2022 /PRNewswire/ -- Merlin Entertainments, Europe's largest and the world's second-largest visitor attraction operator, today announces the appointment of 25-year sports and entertainment industry veteran Scott M. O'Neil as Chief Executive Officer, effective 15 November 2022.
  • O'Neil will be responsible for overseeing the business operations and global growth for Merlin Entertainments across its 147 attractions in 24 countries.
  • Merlin is continuing to expand, with three LEGOLAND Resorts in China under development and further openings planned across the US and Asia.
  • "I would like to reiterate the Group's thanks to Nick for his outstanding leadership of Merlin Entertainments over the last 23 years.