{"id":19451,"date":"2020-09-03T15:00:04","date_gmt":"2020-09-03T19:00:04","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/ontario-teachers-invests-in-indian-private-credit-caisse-grows-exposure-to-global-port-terminals-149544"},"modified":"2020-09-03T15:00:04","modified_gmt":"2020-09-03T19:00:04","slug":"ontario-teachers-invests-in-indian-private-credit-caisse-in-global-port-terminals","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/09\/03\/ontario-teachers-invests-in-indian-private-credit-caisse-in-global-port-terminals\/","title":{"rendered":"Ontario Teachers\u2019 invests in Indian private credit, Caisse in global port terminals"},"content":{"rendered":"
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Staff<\/span> | September 3, 2020 <\/p>\n

The Ontario Teachers\u2019 Pension Plan is investing US$350 million with Indian private debt manager Edelweiss Alternate Asset Advisors.<\/p>\n

The investment, which establishes a long-term partnership between the pension fund and the debt manager\u2019s parent company Edelweiss Group, will focus on private credit investment opportunities in India.<\/p>\n

\u201cWe are pleased to enter into a long-term partnership with Edelweiss Group, which has a proven track record and demonstrated ability to originate, underwrite, structure and realize on private credit investments in India,\u201d said Gillian Brown, senior managing director of capital markets at the Ontario Teachers\u2019, in a press release. \u201cThis partnership will further expand our presence in, and provide additional insights on, the important Indian market.\u201d<\/p>\n

Read: BCI investing in Indian telecommunications, CPPIB in Brazilian real estate<\/a><\/strong><\/p>\n

Ben Chan, the pension fund\u2019s regional managing director for Asia Pacific, added that the investment is part of a long-term strategy to build multi-asset exposure to the country, tapping into its growth potential. \u201cAs a global investor, Ontario Teachers\u2019 hopes to leverage our select list of partners including Edelweiss for local insights and acumen as we navigate to grow profitably in this important market.\u201d<\/p>\n

In other investment news, the Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec is expanding its investment program with Dubai Ports World<\/a>, an infrastructure-led supply chain solutions provider based out of the United Arab Emirates.<\/p>\n

Read: Caisse invests in Chile ports, Ivanho\u00e9 Cambridge launches real estate platform<\/a><\/strong><\/p>\n

The new commitment of US$4.5 billion increases the total size of the investment platform to US$8.2 billion, with DP World retaining a 55 per cent share and the remaining 45 per cent controlled by the Caisse.<\/p>\n

Since the program launched in December 2016, it\u2019s invested in 10 port terminals globally. With the influx of capital, the program is set to expand its geographic footprint into new regions of Europe and Asia Pacific, as well as diversifying into a broader set of investments within the integrated marine supply chain, including logistics services linked to terminals, according to a press release.<\/p>\n

\u201cBuilding on the success of the first collaboration with our strategic partner DP World, a world-class leader in ports and marine terminals, the enhanced platform will seek investments in high-quality port and terminal infrastructure assets that will help design the future of smart trade and logistics,\u201d said Emmanuel Jaclot, executive vice-president and head of infrastructure at the Caisse, in the release.<\/p>\n

Read: Why big pension funds love Australian ports<\/a><\/strong><\/p>\n

Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Staff | September 3, 2020 The Ontario Teachers\u2019 Pension Plan is investing US$350 million with Indian private debt manager Edelweiss Alternate Asset Advisors. The investment, which establishes a long-term partnership between the pension fund and the debt manager\u2019s...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/19451"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=19451"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/19451\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=19451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=19451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=19451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}