CDPQ and Generation Investment Management Launch Unique Long-Term Sustainable Equity Partnership

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La Caisse de dépôt et placement du Québec (“CDPQ”) and Generation Investment Management LLP (“Generation”) today announced a unique partnership for sustainable investing over the long term. The Partnership, which will combine the strengths of the two organisations, plans to invest an initial USD$3billion in investments with an 8-15 year duration. This is a much longer period than typical private equity investments and better suits the objectives of sustainable value creation to build successful long-term businesses. The CDPQ-Generation Partnership will target businesses with outstanding management teams and solid long-term growth prospects. These investments will be net positive for the environment, benefit society and in many cases will use technology as a key factor for driving change. false false false The first investment of the CDPQ-Generation Partnership, also announced today, is in FNZ. FNZ is a global FinTech firm, transforming the way financial institutions serve their wealth management customers. It partners with banks, insurers and asset managers to help consumers better achieve their financial goals. The CDPQ-Generation Partnership has acquired a majority stake in FNZ in a deal valuing the company at GBP£1.65 billion (see transaction press release). false false false About CDPQ Caisse de dépôt et placement du Québec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at June 30, 2018, it held CA$308.3 billion in net assets. As one of Canada's leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure, real estate and private debt. For more information, visit cdpq.com, follow us on Twitter @LaCDPQ or consult our Facebook or LinkedIn pages. About Generation Investment Management Generation is a sustainability-focused investment management firm, founded in 2004. It is an independent, private, owner-managed partnership with offices in London and San Francisco. Its approach to active investment management is focused on long-term performance and based on an investment process that fully integrates sustainability analysis into decision-making. It is dedicated to generating long-term success by investing in sustainable businesses that provide goods and services for a low-carbon, prosperous, equitable, healthy and safe society. As of June 30, 2018, Generation managed appx. US$20 billion of assets on behalf of professional investors globally.