#otpp — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #otpp, aggregated by home.social.
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Ontario Teachers Pension Plan #OTPP invested in Elon Musk's #SpaceX in 2019.
They're expecting a windfall when SpaceX is listed on Nasdaq next week -- except there's a 180 day lockup period during which existing shareholders are restricted from selling.
CPPIB (Canada Pension Plan Investment Board) doesn't list SpaceX as an investment.
Scanning the list of investments, both pension funds list multiple datacentres and AI firms.
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Ontario Teachers’ pension shifts climate strategy from emissions to investments
TORONTO — The Ontario Teachers’ Pension Plan Board says it’s moving away from an emissions intensity target for…
#NewsBeep #News #Business #CA #Canada #carbonemissions #climatesolutions #emissionsintensity #energytransition #investmentgoals #JoTaylor #net-zeroemissions #OntarioTeachers'PensionPlanBoard #OTPP #pensionboard
https://www.newsbeep.com/ca/487580/ -
You might call this a teachable moment…
Ontario Teachers’ Pension Plan: “We will be writing down our investment in FTX to zero at our year end.”
https://www.otpp.com/en-ca/about-us/news-and-insights/2022/ontario-teachers--statement-on-ftx/
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Looks like the #Ontario Teachers Pension Plan (#OTPP) had to write down $95 million dollars due to its investment into #FTX. https://www.reuters.com/technology/ontario-pension-says-any-loss-ftx-investment-have-limited-impact-2022-11-10/