On the lookout for rising stars that are solving a profound problem or delivering an unmet need
Author of the article: Barbara Shecter
Publishing date: Jun 10, 2021 • 3 hours ago • 9 minute read • The Teachers Innovation Platform, known as TIP, made an immediate splash after launching in April 2019 with Olivia Steedman at the helm, choosing Elon Musk’s Space Exploration Technologies Inc. as its first investment. Photo by Peter J Thompson/National Post
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Olivia Steedman chuckles when she thinks about the first tech investment she made for the Ontario Teachers’ Pension Plan.
Now the senior managing director of the pension’s ambitious innovation investment platform, in 2017 Steedman was still part of the team that had built Teachers’ into a major force in infrastructure. The field was getting crowded, though, as others had caught on to the value in the asset class, causing return compression and forcing them to adjust their strate
Canada Pension Plan Investment Board and Phoenix Mills Limited have agreed to undertake a joint venture to develop a regional retail centre in Alipore, India.
Vancouver-based CleanTech Company Clir Renewables Closes Major $27 Million Series-B Funding Round to Accelerate Growth. Vancouver, BC, June 1, 2021 Clir Renewables (Clir), a company dedicated to maximizing project returns from renewable energy assets announces the closing of its CAD$27 million Series B funding round. The Series-B financing was co-led by Longbow Capital Inc. and ArcTern Ventures, and included, Canada Pension Plan Investment Board (CPP Investments), BDC Capital, Active Impact Investments and Tokio Marine HCC.
Alibaba Group Holding Limited (ticker: BABA) was a darling direct listed equity holding for many large U.S. and Canadian public pensions. Alibaba was the largest Chinese equity holding for many U.S. pensions in 2020. However, shares of Alibaba have lost approximately a third of their value since last fall as Chinese regulatory pressure intensified. Many […]