Archive for August, 2009
CPPIB U.S.A. general partner Q1 2009 performance numbers
31 August 2009One of the key beneficiaries of a more stable economy may well be the buyout funds and their limited partners (that’s you and me in the case of the CPPIB). The lag in reporting means we are still looking at numbers that were produced during the trough (what we hope was the trough anyway). [...]
CPPIB Canadian general partner Q1 2009 performance numbers
30 August 2009The 1st quarter CPP Investment Board results have been out for awhile, but your loyal scribe has been otherwise occupied…sorry. According to the stats, it wasn’t a bad quarter for Canadian GPs at all in fact, despite the ravages of the economy at the end of 2008 and early 2009.
This post is the latest [...]
Bay Street Buzz
29 August 2009This information courtesy of Bill Vlaad, of Vlaad & Co.:
Andrew Wallace, currently on leave from National Bank Financial and working in the Prime Minister’s Office, has been promoted to Senior Finance and Economic Advisor & Director of Stake Holder Relations.
Blackmont Capital announced the hiring of Thomas Jarmai as Managing Director, Head of Investment Banking. [...]
D&D Securities Morning Call
28 August 2009A bunch of things about this morning’s D&D Securities Company blast caught my eye:
The Banks led the market higher. -Simple English and the simple concept that for markets to go higher, we need the banks to work. Here they are! Apart from the wobble in the last 2 years, the way to outperform in Canada [...]
Those all-telling exits
27 August 2009The world of venture capital and private equity is all-too-often consumed by a focus on exits. But as a test of the economy, I believe they are a clear gauge of confidence and comfort within the world of business decision-makers (see prior post “M&A deals a sure sign of brewing confidence“).
We’ve had two exits [...]