Canada's $330 Billion Fund to Scale Back Direct PE Investments
Canadian pension manager Caisse de Depot et Placement du Quebec will lean more on partners and third-party managers when investing in private equity, but remain primarily a direct investor.
Once a fund attains scale, 'you reach a certain level where you need to actually partner up with a few selected partners to make sure you're able to actually manage that volume,' Chief Executive Officer Charles Emond said in an interview.
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