Caisse teaming up with Samsung Securities on infrastructure investments

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Double exposure image of business people handshake on city office building in background showing partnership success of business deal. Concept of corporate teamwork, trust partner and work agreement. © pitinan /123RF Stock Photos The Caisse de dépôt et placement du Québec and Samsung Securities Ltd. are signing a memorandum of understanding for joint investments.

The pension fund and the South Korean investment bank have been ramping up their global infrastructure investments, according to a press release. Through the memorandum, the two parties intend to jointly explore further infrastructure investments.

“I am pleased to sign this MOU with CDPQ, a leading global institutional investor equipped with solid expertise, abundant experience and extensive networks,” said Seok-hoon Chang, chief executive officer of Samsung Securities. “We look forward to finding various joint investment opportunities with CDPQ for infrastructure assets in a variety of countries across the globe.”

This article originally appeared on CIR’s companion site, Benefitscanada.com. Read the full story here.

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