Canada Pension Plan names global head of credit
Andrew Edgell
Andrew Edgell was named senior managing director and global head of credit investments at Canada Pension Plan Investment Board, Toronto, said spokesman Steve McCool.
Mr. Edgell replaces
John Graham, who was named CEO of the C$475.7 billion ($386.9 billion) pension fund s board in February following the resignation of Mark Machin.
Mr. Machin resigned following his decision to be vaccinated against COVID-19 while on a personal trip to the United Arab Emirates.
Mr. Edgell, who joins CPPIB s senior management team and reports to Mr. Graham, was previously managing director, head of Americas structured credit and financials. Mr. McCool said the board is working to fill that position and will expect an appointment shortly.
Caris Life Sciences Raises $830M in Growth Equity Funding
Caris Life Sciences, an Irving, Texas-based innovator in molecular science and artificial intelligence (AI) focused on fulfilling the promise of precision medicine, raised $830m in growth equity funding at a post-money valuation of $7.83 billion.
The round was led by Sixth Street, with participation from funds and accounts advised by T. Rowe Price Associates, Inc., Silver Lake, Fidelity Management & Research Company LLC, Coatue, Columbia Threadneedle Investments, Canada Pension Plan Investment Board, Millennium Management, Neuberger Berman Funds, Highland Capital Management, Rock Springs Capital, OrbiMed, ClearBridge Investments, Tudor Investment Corporation, Eaton Vance Equity (Morgan Stanley), Pura Vida Investments and First Light Asset Management.
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Every Thursday afternoon, Turnisa Matsedik-Qira stands outside the Chinese consulate protesting the treatment of her family and other Uyghur families whose relatives have simply disappeared.
Last week, she’d only had a few hours sleep after her overnight nursing shift on a COVID ward before heading out to join others across Canada for this weekly protest.
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Sometimes, Matsedik-Qira’s husband and twins go with her. Sometimes, she is the only protester, which can be frightening. Several times when she’s been alone, people have shown up and verbally abused her. At home, she’s received a threatening phone call.
‘I’d like to bet on myself’: meet Calvin Potter Fellow Javier Hernandez-Cotton
Saluting inspirational grads of the Kenneth Woods Portfolio Management Program, on the occasion of its 20th anniversary
May 7, 2021
When Javier Hernandez-Cotton, BComm 17, watched the PBS
Frontline documentary
“It was the first time an academic subject ever caught my interest,” he says.
“People running these large corporations were some of the smartest in the world and even they couldn’t foresee the problems. I wanted to understand why.”
Hernandez-Cotton committed to a career in finance and, needing a way into the industry, discovered the Kenneth Woods Portfolio Management Program (KWPMP).
Foreign investors line up for China financial services play By JIANG XUEQING | China Daily | Updated: 2021-05-06 09:03 Share
DBS stake in Shenzhen rural bank signals rising confidence in new round of opening-up
Foreign financial institutions, or FFIs, are planning to increase investment in China s commercial banks or exploring new business opportunities in the country, as China has strengthened efforts to further open up its financial sector, industry experts said.
Singapore s DBS Group announced recently its subsidiary DBS Bank has received Singaporean and Chinese regulatory approvals to acquire a 13 percent stake in Shenzhen Rural Commercial Bank with 5.29 billion yuan ($815 million).
DBS Bank, a multinational banking and financial services corporation, will use funds owned by the bank to buy 1.35 billion new shares of Shenzhen Rural Commercial Bank, abbreviated as SZRCB, at a price of 3.91 yuan per share.