CPPIB pumps $850 million into hard assets, sensing market froth

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Plowing money into property, wind farms and logistics facilities

Separately, the pension giant is committing as much as EU245 million to its U.K.-based affiliate, Renewable Power Capital Limited, to support its first investment in a portfolio of three wind farms in Europe.

On Jan. 4, CPPIB said it would set up a new Indonesia venture with LOGOS Property Group to develop logistics facilities in Greater Jakarta. The Canadian fund will invest US$200 million into the venture to build facilities for logistics, data-centre and industrial tenants.Article content continued To Mark Machin, the chief executive officer of the $457 billion fund, the exuberance in public markets is a signal to extend his fund’s already-huge bet on private assets, he said in a recent interview.

 

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WTF Can’t trust anything related to this government with our pensions invested! Wind farms give - me a break!

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