Marc Cromier News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Caisse de dépôt et placement du Québec is partnering with an asset manager to provide a credit facility to an electric vehicle subscription service. Through its partnership with Pollen Street, an alternative asset management firm, the investment organization has established a $153-million line of credit for Onto, a U.K.-based company that provides its subscribers […]

The Ontario Teachers’ Pension Plan is facing losses from an investment in a cryptocurrency exchange that filed for bankruptcy on Nov. 11. The pension fund invested a total of US$95 million in FTX International, a Bahamas-based exchange, which was valued at US$32 billion in 2021. In October 2021, the Ontario Teachers’ invested US$75 million in FTX, followed by […]

The Caisse de dépôt et placement du Québec is providing US$150 million in financing to a U.S. fibre optic network company. Everstream Solutions operates a 43,000 kilometre fibre optic network and 63 data centres in the U.S. The capital, provided by the Caisse through its subsidiary CDPQ Revenu Fixe VIII Inc., will be used to increase […]