La Caisse suspends investments with Dubai-based DP World over chief executive's links to Epstein.
Canada’s second-largest pension fund has announced that it will suspend future investments with United Arab Emirates-based DP World following revelations of ties between the logistics firm’s chief executive and the late sex offender and financier Jeffrey Epstein. La Caisse said on Tuesday that it would not carry out further investments alongside the company until it shed light on chief executive Sultan Ahmed bin Sulayem’s links to Epstein and took “necessary actions”. “To be clear, we are not invested in DP World. It is a partner of ours in port projects around the world, but we are not shareholders of the parent company,” a spokesperson for La Caisse, which manages the state pension fund in Quebec, said in a statement.
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