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
