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Canadian pension scheme targets PE investments

The Caisse de Dépôt et Placement du Québec, a Canadian pension manager, has joined forces with a private equity firm to start a new co-investment fund, following a similar move last month by Los Angeles County Employees Retirement Association.

The Caisse de Dépôt et Placement du Québec – which has a $10.9bn private equity portfolio – will team up with Montreal-based Trio Capital to create the Telecom Media Fund, a $200m (€159.5m) investment fund focused on telecommunications and new media companies in North America and Europe.

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