GREY:NMKEF - Post by User
Post by
phantom666on Feb 24, 2020 10:19am
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Post# 30725623
IQ Wouldn't Invest Alone
IQ Wouldn't Invest Alone
Mr. LeBlanc said very clearly that IQ will be more bold in its private equity investments, where their economic development mandate allows them to accept a return on investment of only 2.1 percent..... While IQs new focus may not see a tremendous expansion in the number of projects it takes on, the value of investments will definitely increase. They expect to work closely with other players in the Quebec economy, including the labour fund Fonds de solidarit FTQ (nets assets of $16.7 billion) and the giant pension fund, Caisse de dpt et placement du Qubec (managing over $325 billion)..... For companies like Nemaska Lithium, currently under CCAA protection, these developments may be very timely indeed.