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Canada Pension Plan Investment Board (CPP Investments)

Canada Pension Plan Investment Board (CPP Investments)

Pension fund manager

Appears in 2 stories

Stories

North American midstream operators consolidate around oil hubs

Money Moves

Indirect seller via 90% Teine ownership

Canada's most important crude staging hub just got more concentrated. On May 1, Gibson Energy closed a C$400 million purchase of a 75-kilometer gathering pipeline from oil producer Teine Energy, then immediately sanctioned a project to wire those barrels directly into its Hardisty terminal — the Alberta facility that already handles roughly one in four barrels exported from Western Canada.

Updated May 2

AI platforms reshape the debt market data industry long dominated by legacy terminals

Money Moves

Participant in 9fin Series C

Credit markets move roughly $140 trillion in outstanding debt worldwide, yet the analysts who price, trade, and monitor that debt still spend much of their time manually reading 300-page loan agreements and hunting for pricing data through phone calls and chat messages. 9fin, a London-based startup founded by two former investment bankers, just raised $170 million at a $1.3 billion valuation to automate that work with artificial intelligence — crossing the unicorn threshold and signaling that institutional investors now treat AI-driven credit analytics as a proven, not speculative, business.

Updated Apr 1