As GE Retools, a $230 Billion Fund Eyes Broader Ties
- Caisse seeks ‘constructive role’ in industrial giant’s revamp
- Money manager says he’s ‘very bullish on working with GECAS’
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Canada’s No. 2 pension-fund manager is eyeing a broader partnership with General Electric Co. as the beleaguered U.S. manufacturer rethinks its business.
Caisse de Depot et Placement du Quebec is already teaming with GE on a $2 billion aircraft-leasing platform. The duo also partnered on the purchase of a U.S. natural-gas pipeline system in 2015.