CPP Investment Board

EQS-News: Atlantic BidCo GmbH: Atlantic BidCo completes the voluntary public takeover offer for Aareal Bank AG

Retrieved on:

Saturday, June 10, 2023

FGS Global, Aareal Bank, Bidding, CPP Investment Board, Advent International, FGS, TEL, Centerbridge Partners, Security (finance)

The issuer is solely responsible for the content of this announcement.

Key Points:

The issuer is solely responsible for the content of this announcement.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
The Bidder now owns approximately 90 percent of the share capital and the voting rights of Aareal Bank.
Olaf Zapke, FGS Global, Tel +49 170 764 1971, [email protected]
Markus Stoker, FGS Global, Tel +49 162 245 3946, [email protected]
Roland Klein, Kekst CNC, Tel +44 7776 162 997, [email protected]
Isabel Henninger, Kekst CNC, Tel +49 174 940 9955, [email protected]

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

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

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.

Loreena McKennitt to pay tribute to Lisa LaFlamme at sold-out CJF Awards

Retrieved on:

Thursday, June 1, 2023

TORONTO, June 1, 2023 /CNW/ - Loreena McKennitt, renowned Canadian singer-songwriter, will make a special appearance to perform in honour of Lisa LaFlamme at this year's sold-out CJF Awards on June 13 at Toronto's Fairmont Royal York.

Key Points:

TORONTO, June 1, 2023 /CNW/ - Loreena McKennitt, renowned Canadian singer-songwriter, will make a special appearance to perform in honour of Lisa LaFlamme at this year's sold-out CJF Awards on June 13 at Toronto's Fairmont Royal York.
"Lisa LaFlamme is a powerhouse among Canadian journalists," says producer and CJF board member Bob Ezrin.
"Who better to offer a musical tribute than Loreena, another national treasure?
A passionate advocate for human rights, she will perform in honour of this year's CJF Tribute recipient, Lisa LaFlamme.

Monumental Gathering of Wealth at the Historic Guildhall & House of Commons Parliament: SWFI Global Wealth Conference 2023

Retrieved on:

Saturday, May 27, 2023

In the heart of Britain's historic capital, the Sovereign Wealth Fund Institute® (SWFI®), esteemed as the global oracle on institutional investors and capital flows, will be hosting the monumental Global Wealth Conference.

Key Points:

In the heart of Britain's historic capital, the Sovereign Wealth Fund Institute® (SWFI®), esteemed as the global oracle on institutional investors and capital flows, will be hosting the monumental Global Wealth Conference.
An astounding $5 Trillion USD AUM from Global SWFs and asset managers will coalesce at the Global Wealth Conference, in an unprecedented display of global financial clout.
"The Global Wealth Conference serves as an extraordinary beacon of business prospects.
To make the most of this opportunity, the Global Wealth Conference is set to be a riveting affair.

Ninepoint Publishes New ‘Private Debt in 2023’ White Paper

Retrieved on:

Tuesday, May 23, 2023

CPP Investment Board, Investment, Consumer, Ninepoints, Pennsylvania, Growth, Bank, Security (finance)

TORONTO, May 23, 2023 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”), one of Canada’s leading alternative investment management firms, today released a new white paper that analyzes the factors that we believe are setting the stage for the continued growth of the private debt asset class across the globe. The report titled “Private Debt in 2023: Assessing the Current State of the Private Debt Market in Canada and Across the Globe” examines the unique dynamics influencing private debt investing and allocation trends both within the Canadian market and across the globe.

Key Points:

The report titled “ Private Debt in 2023: Assessing the Current State of the Private Debt Market in Canada and Across the Globe ” examines the unique dynamics influencing private debt investing and allocation trends both within the Canadian market and across the globe.
Key takeaways the white paper highlights on the state of the Canadian private debt market include:
Private Debt Filling the Funding Gap: The current inflation-induced, high-interest-rate environment has created a liquidity crunch in the highly regulated Canadian credit market.
Even though data around Canadian private debt activity is scarce, we have observed that Canadian private debt funds are enjoying healthy pipelines of loan deals, including borrowers traditionally financed by banks.
Smart Money Endorsement: The most sophisticated investors in the country have been steadily increasing their allocations to private debt on behalf Canadians.

EQS-News: Atlantic BidCo’s voluntary public takeover offer for Aareal Bank AG to be closed

Retrieved on:

Monday, May 22, 2023

European Central Bank, Aareal Bank, Housing, Bidding, Digital Solutions, Central bank, Advent International, Acquisition, Investment, ECB, International investment agreement, Growth, Digital, Bank, Centerbridge Partners, Environment, CPP Investment Board, Software, Security (finance)

Atlantic BidCo had secured around 84 per cent of Aareal Bank shares at an offer price of €33.00 per share in the course of a voluntary public takeover offer last year.

Key Points:

Atlantic BidCo had secured around 84 per cent of Aareal Bank shares at an offer price of €33.00 per share in the course of a voluntary public takeover offer last year.
At completion, the Bidder said it will own around 90 per cent of the shares.
Following the closing of the transaction, Aareal Bank Group will continue to pursue its strategic goals based on the “Aareal Next Level” strategy.
Jochen Klösges, CEO of Aareal Bank said, “Aareal Bank Group has demonstrated that its strategy is viable even under very challenging conditions.

EQS-News: Atlantic BidCo GmbH: Atlantic BidCo receives all regulatory approvals to complete the voluntary public takeover offer for Aareal Bank AG – Settlement of takeover offer expected in June

Retrieved on:

Monday, May 22, 2023

FGS Global, European Central Bank, Aareal Bank, Bidding, CPP Investment Board, Central bank, Advent International, FGS, EUR, ECB, TEL, Centerbridge Partners, Security (finance), Holding company

Frankfurt, 22 May 2023 – Atlantic BidCo GmbH (the “Bidder”) today announced that, following the approval by the European Central Bank (“ECB”), it has now obtained all regulatory clearances related to the voluntary public takeover offer for the shares of Aareal Bank AG (“Aareal Bank”).

Key Points:

Frankfurt, 22 May 2023 – Atlantic BidCo GmbH (the “Bidder”) today announced that, following the approval by the European Central Bank (“ECB”), it has now obtained all regulatory clearances related to the voluntary public takeover offer for the shares of Aareal Bank AG (“Aareal Bank”).
With today’s approval by the ECB, all offer conditions have now been fulfilled and the settlement of the takeover offer will take place by 7 June 2023.
Shareholders that accepted the offer will receive the consideration of EUR 33.00 per tendered Aareal Bank share.
Following closing of the takeover offer, the Bidder will own approximately 90 percent of the share capital and the voting rights of Aareal Bank.

Rand Capital Reports 65% Increase in Total Investment Income for First Quarter 2023

Retrieved on:

Tuesday, May 9, 2023

Rand Capital Corporation (Nasdaq: RAND) (“Rand” or the “Company”), a business development company providing alternative financing for lower middle market companies, announced its results for the first quarter ended March 31, 2023.

Key Points:

Rand Capital Corporation (Nasdaq: RAND) (“Rand” or the “Company”), a business development company providing alternative financing for lower middle market companies, announced its results for the first quarter ended March 31, 2023.
The increase includes a $531,000 increase in capital gains incentives fees payable to the Company’s external investment adviser, Rand Capital Management, LLC.
Net investment income was $715,000, or $0.28 per share, compared with $772,000, or $0.30 per share, in the first quarter of 2022.
Rand’s total debt and equity investment in FSS had a fair value of $5.2 million as of March 31, 2023.

Columbia Seligman Premium Technology Growth Fund Announces a Second Quarter Distribution: 9.25% Annual Rate for IPO Investors

Retrieved on:

Friday, May 5, 2023

Average annual total return of a share of the Fund’s common stock at NAV for the period since inception of Fund investment operations through the period noted includes the 4.50% sales load assessed to IPO investors.

Key Points:

Average annual total return of a share of the Fund’s common stock at NAV for the period since inception of Fund investment operations through the period noted includes the 4.50% sales load assessed to IPO investors.
Investors should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing.
Columbia Threadneedle Investments (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies.
Columbia Seligman Premium Technology Growth Fund is managed by Columbia Management Investment Advisers, LLC.