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Chamath Palihapitiya s SPAC to Take SoFI Public

Social Finance, Inc. (SoFi), an online lender, has entered into a definitive agreement with Social Capital Hedosophia Holdings Corp. V, a publicly traded special purpose acquisition company, to bring a major consumer-focused financial technology business to the public markets. The transaction values SoFi at an equity value of US$ 8.65 billion post-money. SoFi received preliminary, […]

Can Temasek Holdings Outperform Any Major Canadian Pension Investor?

Can Temasek Holdings Outperform Any Major Canadian Pension Investor? Posted on 01/06/2021 Increasingly, both U.S. pensions and some sovereign wealth funds compare themselves to Canada public pensions in a variety of factors such as internal costs, returns, assets, asset allocation, employee compensation, diversification, and others. Annual Returns Pension and Sovereign Wealth Fund Abbreviations Caisse de depot et placement du Quebec – CDPQ Ontario Municipal Employees Retirement System – OMERS Canada Pension Plan Investment Board – CPP Investments British Columbia Investment Management Corporation – BCI Alberta Investment Management Corporation – AIMCo Healthcare of Ontario Pension Plan – HOOPP Ontario Teachers Pension Plan – OTPP Temasek Holdings (Singapore) – Temasek

Power Corp s Sagard raises US$650M for new credit fund

Power Corp. s Sagard raises US$650M for new credit fund Paula Sambo, Bloomberg News Buildings stand under construction along the skyline in Toronto, Ontario, Canada, on Sunday, Feb. 16, 2020. A shrinking supply of available homes for sale in Canada s largest city continued to drive prices higher last month, bringing annual increases to the strongest in more than two years. Photographer: Brett Gundlock/Bloomberg , Bloomberg Sagard Holdings, a unit of the billionaire Desmarais family’s Power Corp. of Canada, raised US$650 million for its second private credit fund as it seeks to capitalize on the recent market upheaval. Sagard Credit Partners II will stay open for new commitments through next year, Chief Investment Officer Adam Vigna said in an interview, adding that he expects it to grow to US$1.1 billion by the second quarter. The fund has a hard limit of US$1.3 billion and targets returns of 12 per cent to 14 per cent a

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