CDPQ acquired a minority stake in Hilco Trading.

La Caisse de dépôt et placement du Québec, an institutional investor that manages several public and parapublic pension plans and insurance programs in Quebec, acquired a minority stake in Hilco Trading, an independent financial services company. Following the transaction, CDPQ will own 27% of Hilco Global. Financial terms were not disclosed. "Our investment is motivated by Hilco Global's excellent reputation, track record and strong management team," commented Stéphane Etroy, Executive Vice-President and Head of Private Equity at CDPQ. "Hilco Global, whose role is to transition existing and often undervalued assets into profitable use, helps businesses to adopt new technologies and ajust to changing consumer habits. This is perfectly aligned with our long-term investment strategy."