ILPA appoints Ontario Teachers’ Carmichael as new board chair

By Iris Dorbian — 3 months ago

Institutional Limited Partners Association has named Tanya Carmichael as chair of its board of directors. Carmichael is the director of global funds, private capital at Ontario Teachers’ Pension Plan. Toronto-based ILPA is a member-driven organization focused on promoting the interests of private equity LPs.

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Flexera Software buys Secunia

By Luisa Beltran — 5 months ago

Flexera Software, a portfolio company of Ontario Teachers’ Pension Plan, has acquired Secunia. Financial terms weren’t announced. Copenhagen-based Secunia provides IT security solutions. Mooreland Partners advised Secunia.

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Ontario Teachers’ Pension Plan makes MD for Asia-Pacific

By Luisa Beltran — 5 months ago

The Ontario Teachers’ Pension Plan has named Nicole Musicco a Managing Director for Asia-Pacific and head of the Hong Kong office. Musicco joined Teachers’ in 2002 and has held positions of increasing responsibility, most recently as Vice-President, Teachers’ Private Capital in Teachers’ Toronto office.

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TDR Capital to sell Lowell Group to Permira

By Iris Dorbian — 6 months ago

Permira has agreed to buy UK-based Lowell Group, a provider of credit management solutions. The seller is TDR Capital. No financial terms were disclosed. As a result of the deal, Permira will merge Lowell Group with GFKL, a Germany-based provider of receivables management services. Also, Ontario Teachers’ Pension Plan and Lowell management will remain shareholders.

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Ontario Teachers’ to sell majority stake in Alliance to BDT

By Iris Dorbian — 6 months ago

BDT Capital Partners LLC has agreed to acquire a majority stake in Alliance Laundry Systems from Ontario Teachers’ Pension Plan. No financial terms were disclosed. After the deal closes, Ontario Teachers’ will retain a minority stake in Alliance. Morgan Stanley & Co. LLC, BMO Capital Markets Corp. and Bank of America N.A. provided financial advice to Alliance on the transaction. Alliance is a maker of commercial laundry equipment.

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Banco Santander, OTPP and PSP Investments launch Cubico Sustainable

By Luisa Beltran — 9 months ago

Banco Santander S.A., Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board said Thursday the have launched Cubico Sustainable Investments. London-based Cubico will manage and invest in renewable energy and water infrastructure assets globally. Santander is transferring 19 wind, solar and water infrastructure assets to the firm, which will be equally owned by the three investors.

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