Canada’s second largest pension fund is taking a new approach to infrastructure investment that’s got American lawmakers curious. The Caisse de dépôt et placement du Québec is going to create a new transit system in Montreal that will overlay the existing subway system, generate between 8 to 9 percent returns, and the Caisse will retain a majority stake of 53.3 percent, according to Bloomberg. While the model is new with an unproven track record, already […]
source https://therealdeal.com/2018/06/03/canadian-pension-fund-in-talks-with-us-lawmakers-about-new-infrastructure-investment-model/
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