The Caisse will invest $50 million in Québec publicly traded micro-cap companies

The Caisse de dépôt et placement du Québec today announced that it aims to make an additional $50 million investment in Québec publicly traded micro-cap companies.

This new $50 million mandate involves investments in Québec companies whose capitalization is less than $250 million.

“The Caisse already has a strong presence in the stocks of companies with market capitalizations in excess of $250 million. The addition of the micro caps complements our investment exposure to publicly traded Québec companies — on top of adding to the Caisse’s range of financial products and investments with Québec companies," said Jean-Luc Gravel, Executive Vice-President, Equity Markets at the Caisse.

“This is a great opportunity for the Caisse to enter an area of the market that it knows well, particularly from many years of developing expertise in private equity. The Caisse will be able to seize more investment opportunities in successful, promising Québec publicly traded companies with good growth potential,” said Cyril Vittecoq, Vice President, Investments.

ABOUT THE CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC
The Caisse de dépôt et placement du Québec is a financial institution that manages funds primarily for public and private pension and insurance plans. As at December 31, 2010, it held $151.7 billion in net assets. As one of Canada’s leading institutional fund managers, the Caisse invests in major financial markets, private equity and real estate. For more information: www.cdpq.com.