The largest pension funds in Canada, with assets under management of over €766bn, plan to step up investments in Germany following a meeting with German chancellor Olaf Scholz and vice-chancellor Robert Habeck last week during a three-day visit.
Caisse de dépôt et placement du Québec (CDPQ), with total assets worth C$392bn as of June this year, would like to invest more in Germany, with a particular focus on infrastructure, a spokesperson for the pension fund told IPE.
OMERS Infrastructure, the infrastructure investing arm of the pension fund, acquired the provider of fibre-optic network Deutsche Glasfaser with EQT Infrastructure, to merge the company with Inexio already held by EQT in its portfolio.
Read more: IPE
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.