Montreal-based companies raised $399 million in venture capital during the first quarter of 2018 -- more than companies in any other Canadian city -- according to a report released by PwC Canada and market research company CB Insights.
Canada's biggest pension plan aims to back as many as four fledgling hedge funds a year at a time when investors are balking at high fees and disappointing returns from the industry's biggest managers.
Venture capital investment in Canadian technology companies continued at a strong pace in 2017, with $4 billion deployed to 502 financings, according to final data released by Thomson Reuters. In dollar terms, this represented a 12 percent increase from 2016.
Initial public offerings by Canadian companies are expected to increase in 2018, driven by activity in industrials, alternative energy and base metals sectors, banking advisers said.
LaSalle Investment Management Inc., a real-estate investment firm with $58 billion under management, is launching its biggest Canadian real estate fund as investors seek a safe haven amid global turmoil.
Mark Machin, the head of Canada Pension Plan Investment Board, said he doesn't think the bitcoin and blockchain space is "investible" yet, but the country's largest pension fund is monitoring it with interest.
Deal-making in Canada's buyout and private equity market continued to grow at a strong pace in the third quarter of 2017, according to final data released by Thomson Reuters.
The six largest Canadian pension funds have increased their leverage by five percentage points since 2009 on an aggregated average - placing a potentially greater strain on their sponsors, according to Moody's.