Canada Pension Plan Investment Board (CPPIB) is one of “four or five” key backers that will provide co-investment capital to European private equity firm Permira to do more mega buyouts, according to a report by the U.K.-based Financial News. Unidentified investors told the journal that Permira will obtain more “firepower” from co-investors like CPPIB and China Investment Corp. to acquire major businesses now that the firm is unlikely to raise a fund as large as its 2006 partnership. In April 2013, Permira held a €2.2 billion first close on its fifth fund.
For more information about Permira, please visit the firm’s website.
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