CPP Investment Board

Sila Realty Trust, Inc. Fourth Quarter and Year Ended 2022 Results

Retrieved on: 
Thursday, March 16, 2023

Sila Realty Trust, Inc. today announced operating results for the fourth quarter and year ended December 31, 2022.

Key Points: 
  • Sila Realty Trust, Inc. today announced operating results for the fourth quarter and year ended December 31, 2022.
  • Highlights of the Quarter Ended December 31, 2022 vs. December 31, 2021
    Rental revenue was $43.9 million, an increase of 1%.
  • Highlights of the Year Ended December 31, 2022 vs. December 31, 2021
    Rental revenue was $180.0 million, an increase of 4%.
  • During the year ended December 31, 2022, the Company purchased seven real estate properties in five separate transactions for $157.2 million.

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

Retrieved on: 
Wednesday, March 15, 2023

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.

Qualtrics to be Acquired by Silver Lake and CPP Investments for $12.5 Billion

Retrieved on: 
Monday, March 13, 2023

Silver Lake and its co-investors, together with CPP Investments, will acquire 100% of the outstanding shares Silver Lake does not already own, including the entirety of SAP’s majority ownership interest.

Key Points: 
  • Silver Lake and its co-investors, together with CPP Investments, will acquire 100% of the outstanding shares Silver Lake does not already own, including the entirety of SAP’s majority ownership interest.
  • Under the terms of the agreement, Qualtrics shareholders, including SAP, will receive $18.15 per share in cash.
  • “Silver Lake’s belief in our vision and their amazing track record of helping founders and management teams speaks for itself.
  • “This is a landmark transaction for Silver Lake, reflecting our confidence in the team and their vision.

SAP Agrees to Sell its Stake in Qualtrics as part of Qualtrics Acquisition by Silver Lake and CPP Investments

Retrieved on: 
Monday, March 13, 2023

WALLDORF, Germany, March 13, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP), today announced it has agreed to sell all of its 423 million shares of Qualtrics International Inc. as part of the acquisition of Qualtrics by funds affiliated with Silver Lake (collectively, "Silver Lake") as well as Canada Pension Plan Investment Board (CPP Investments).

Key Points: 
  • WALLDORF, Germany, March 13, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP), today announced it has agreed to sell all of its 423 million shares of Qualtrics International Inc. as part of the acquisition of Qualtrics by funds affiliated with Silver Lake (collectively, "Silver Lake") as well as Canada Pension Plan Investment Board (CPP Investments).
  • SAP intends to remain a close go-to-market and technology partner, servicing joint customers and continuing to contribute to Qualtrics' success."
  • The agreement resulted from a robust process that was initiated on January 26 and identified the joint proposal by Silver Lake and CPP Investments as most attractive.
  • Barclays acted as financial advisor to SAP on the transaction, Shearman & Sterling acted as SAP's legal advisor.

Crescent Energy Announces Fourth Quarter and Full Year 2022 Financial and Operating Results, Year-End Reserves and 2023 Guidance

Retrieved on: 
Tuesday, March 7, 2023

The Company plans to host a conference call and webcast to discuss its fourth quarter and full year 2022 results, as well as its 2023 outlook, at 10 a.m. CT, Wednesday, March 8, 2023.

Key Points: 
  • The Company plans to host a conference call and webcast to discuss its fourth quarter and full year 2022 results, as well as its 2023 outlook, at 10 a.m. CT, Wednesday, March 8, 2023.
  • Average realized price for the fourth quarter, including and excluding the effect of commodity derivatives, totaled $42.74 and $52.50 per Boe, respectively.
  • Operating expense and operating expense excluding production and other taxes, stated on a per Boe basis, were $19.92 and $15.63 for the quarter, respectively.
  • Approximately $25 million of capex is carried over from the fourth quarter of 2022.

BAI Communications transforms into Boldyn Networks powerhouse brand, outlines growth ambitions

Retrieved on: 
Thursday, March 9, 2023

LONDON, March 9, 2023 /PRNewswire/ --  BAI Communications (BAI) today revealed it will rebrand as Boldyn Networks, bringing together its six companies under one, new brand. The new powerhouse will immediately become one of the world's largest shared network infrastructure providers, supporting mobile and fixed network operators and customers in the transit, venue, government, military, and enterprise sectors with an integrated portfolio and expanded capabilities.

Key Points: 
  • BAI Communications, Mobilitie, Signal Point Systems, Transit Wireless, Vilicom and ZenFi Networks brands to be brought together under Boldyn Networks banner.
  • LONDON, March 9, 2023 /PRNewswire/ -- BAI Communications (BAI) today revealed it will rebrand as Boldyn Networks , bringing together its six companies under one, new brand.
  • -Boldyn Networks' global headquarters will be in the Northern Hemisphere and the BAI Group will be splitting from BAI Australia to become Boldyn Networks.
  • -BAI Group's U.S. businesses will be integrating under one leadership team as Boldyn Networks.

BAI Communications transforms into Boldyn Networks powerhouse brand, outlines growth ambitions

Retrieved on: 
Thursday, March 9, 2023

LONDON, March 9, 2023 /PRNewswire/ --  BAI Communications (BAI) today revealed it will rebrand as Boldyn Networks, bringing together its six companies under one, new brand. The new powerhouse will immediately become one of the world's largest shared network infrastructure providers, supporting mobile and fixed network operators and customers in the transit, venue, government, military, and enterprise sectors with an integrated portfolio and expanded capabilities.

Key Points: 
  • BAI Communications, Mobilitie, Signal Point Systems, Transit Wireless, Vilicom and ZenFi Networks brands to be brought together under Boldyn Networks banner.
  • LONDON, March 9, 2023 /PRNewswire/ -- BAI Communications (BAI) today revealed it will rebrand as Boldyn Networks , bringing together its six companies under one, new brand.
  • -Boldyn Networks' global headquarters will be in the Northern Hemisphere and the BAI Group will be splitting from BAI Australia to become Boldyn Networks.
  • -BAI Group's U.S. businesses will be integrating under one leadership team as Boldyn Networks.

T. ROWE PRICE ANNOUNCES KELLY SHEN AS CHIEF DATA OFFICER

Retrieved on: 
Monday, March 6, 2023

BALTIMORE, March 6, 2023 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm and a leader in retirement services, is pleased to announce Kelly Shen as its new chief data officer.

Key Points: 
  • BALTIMORE, March 6, 2023 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm and a leader in retirement services, is pleased to announce Kelly Shen as its new chief data officer.
  • "We are excited to work with Kelly to enhance our data capabilities and unlock new business value," said Chief Operating Officer Kimberly Johnson.
  • As chief data officer, Shen sets and operationalizes T. Rowe Price's strategy to leverage data as an asset.
  • Most recently, Shen served as senior managing director and chief technology and data officer at CPP Investments, Canada's largest pension plan, where she led technology, data, cybersecurity, and innovation efforts.

2022 Annual Results: SCOR ends 2022 with a net income of EUR 208 million in Q4 and proposes a dividend of EUR 1.40 per share

Retrieved on: 
Thursday, March 2, 2023

SCOR ends 2022 with an accounting loss of EUR 301 million, which has been significantly reduced by the strong results in the fourth quarter.

Key Points: 
  • SCOR ends 2022 with an accounting loss of EUR 301 million, which has been significantly reduced by the strong results in the fourth quarter.
  • In Q4 2022, the Group generates a net income of EUR 208 million (equivalent to an annualized RoE of 16.8%), with each of the three business units delivering a positive result.
  • This net loss is reduced compared to Q3 2022 thanks to the Group’s strong performance and net income of EUR 208 million in Q4 2022.
  • SCOR therefore proposes a dividend of EUR 1.40 per share for the fiscal year 2022.

CPP Investments Partners with IKAV to Acquire Aera Energy

Retrieved on: 
Tuesday, February 28, 2023

TORONTO and HAMBURG, Germany, Feb. 28, 2023 /PRNewswire/ -- Canada Pension Plan Investment Board (CPP Investments) will partner with international asset management group IKAV to acquire California energy producer Aera Energy LLC.

Key Points: 
  • TORONTO and HAMBURG, Germany, Feb. 28, 2023 /PRNewswire/ -- Canada Pension Plan Investment Board ( CPP Investments ) will partner with international asset management group IKAV to acquire California energy producer Aera Energy LLC.
  • In September 2022, IKAV, which has deep renewables expertise as well as a strong track record managing U.S. conventional energy assets, announced plans to acquire Aera Energy.
  • CPP Investments, one of the world's largest institutional investors, agreed to purchase 49% of Aera Energy from IKAV.
  • Erik Bartsch, Aera Energy President and CEO, comments: "We are excited about the IKAV and CPP Investments joint ownership of Aera Energy.