Posted on: March 5, 2013 by Kirk Falconer
Canada Pension Plan Investment Board (CPPIB) has completed a secondary deal to acquire a portfolio of primarily food assets from a partnership affiliated with Dallas, Texas-based private equity firm HM Capital Partners for US$468 million. CPPIB will also commit US$138 million to a newly-formed private equity fund, Kainos Capital Partners. The food and consumer products team of HM Capital Partners will manage both the assets that CPPIB has acquired as well as the Kainos fund, focusing on making new investments in the food sector.
Tags: Canada Pension Plan Investment Board, HM Capital Partners, Kainos Capital Partners
Posted on: January 17, 2013 by Staff
CPPIB Credit Investments Inc., a subsidiary of the Canada Pension Plan Investment Board, has joined Stone Point Capital and Kohlberg Kravis Roberts & Co. as an investor in MerchCap Solutions LLC, the firms announced Thursday. Formed in August of 2012, MerchCap provides principal and agency-based capital markets services to sponsor-backed and corporate mid-market companies. In addition to the $300 million of capital previously committed by Stone Point and KKR, CPPIB Credit will commit an additional $50 million of equity to MCS.
Tags: Canada Pension Plan Investment Board, CPPIB Credit Investments Inc., Kohlberg Kravis Roberts & Co., MerchCap Solutions, Stone Point Capital
Posted on: April 25, 2012 by asormani
The Public Employee Retirement System of Idaho (PERSI) committed to five buyout new funds in Q3 2011, according to its alternative investment report. Net IRR of its whole private equity portfolio stood at 6.74% as of September 30 2011.
Tags: California Public Employees' Retirement System, Canada Pension Plan Investment Board, Endeavour Capital, Kohlberg Investors VII LP, Providence Equity Partners VII LP, Public Employee Retirement System of Idaho, The State of Wisconsin Investment Board, TPG Growth II LP, TPG Star LP
Posted on: March 19, 2012 by Luisa Beltran
Tomkins, which is backed by Onex Corp. and Canada Pension Plan Investment Board, has agreed to sell its Schrader division to Madison Dearborn Partners. The sale price is $505 million cash, plus a small minority equity interest in the parent of the purchasing company. The deal is expected to close in the second quarter. Schrader [...]
Tags: Canada Pension Plan Investment Board, Madison Dearborn Partners, Onex Corp., Schrader, Tomkins
Posted on: February 22, 2012 by asormani
Canada Pension Plan Investment Board has retained Vikram Gandhi and his firm, VSG Capital Advisors, as senior advisors effective March 1st, 2012. Based in India and Hong Kong, VSG will provide strategic advice and facilitate investment opportunities for the CPPIB in the Indian sub-continent. PRESS RELEASE Canada Pension Plan Investment Board (CPPIB) today announced that [...]
Tags: Canada Pension Plan Investment Board, VSG Capital Advisors
Posted on: February 21, 2012 by Luisa Beltran
Less than two years after buying Aspen Dental, Leonard Green is getting a paid via a $127 mln dividend. Also, Ares and CPPIB have put in at least $636 mln equity into $1.6 bln buy of 99 Cents Only Stores, according to S&P.
Tags: 99 Cents Only Stores, Ares Management, Aspen Dental, Canada Pension Plan Investment Board, Leonard Green & Partners
Posted on: January 16, 2012 by asormani
99-Cent Only Stores has been acquired by affiliates of Ares Management, Canada Pension Plan Investment Board and the Gold/Schiffer family for $22.00 per share in cash. Founded in 1982, 99-Cent Only Stores currently operates 292 stores consisting of 214 stores in California, 36 in Texas, 29 in Arizona, and 13 in Nevada. PRESS RELEASE 99-Cent [...]
Tags: Ares Management, Canada Pension Plan Investment Board
Posted on: December 13, 2011 by asormani
Australia’s Goodman Group and Canada Pension Plan Investment Board (CPPIB) have more than doubled their equity investment in a Chinese joint venture to $500 million, targeting growth in China’s logistics market, writes Reuters. The two parties formed a 80-20 joint venture with an initial commitment of around $180 million in 2009 to own and develop [...]
Tags: Canada Pension Plan Investment Board
Posted on: November 10, 2011 by cnolan
Canada Pension Plan Investment Board, one of the world’s top private equity players, said on Thursday the value of its assets under management slipped in its fiscal second quarter, but were up on a year-over-year basis, Reuters reported.
Tags: Canada Pension Plan Investment Board, CPPIB
Posted on: October 28, 2011 by Luisa Beltran
Shareholders of Kinetic Concepts have approved a roughly $6.3 billion takeover offer from a consortium including Apax Partners, the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board. The deal is expected to close in early November. Morgan Stanley advised the investor group. Morgan Stanley, BofA Merrill Lynch and Credit Suisse also provided debt financing. San Antonio, Texas-based Kinetic is a wound care company.
Tags: Apax Partners, Canada Pension Plan Investment Board, Morgan Stanley, Public Sector Pension Investment Board