September 9, 2016 |
Latin America offers good opportunities for long-term infrastructure investors such as retirement funds, says Andrew Claerhout, who leads the infrastructure group at the Ontario Teachers’ Pension Plan. But it is important to keep an open mind on the shape of those investments — and where to make them, he says.
Ontario Teachers’ made its first investment in Mexican infrastructure in June when it teamed up with the Canada Pension Plan Investment Board (CPPIB) and Mexican infrastructure company IDEAL to create a toll road partnership. Ontario Teachers’ took a 20% stake in an infrastructure company controlled by Mexican magnate Carlos Slim to operate Autopista Arco Norte, one of the largest fed
The Ontario Teachers’ Pension Plan, one of Canada’s largest pension investment funds, is eyeing more infrastructure deals in Latin America after making its first Mexican play in June