CPP Investments in Toronto unveiled its new growth equity group, which seeks to invest in opportunities where growth is hidden in companies that have been doing business for years.
The C$539 billion ($423 billion) pension fund views growth equity as occupying a lucrative space between venture capital and buyouts and the investment strategy takes minority stakes in businesses that are poised for transformational growth and providing them with funds and support to make the growth possible, officials explained in a detailed announcement.
CPP has roughly C$172 billion in private equity overall, which was . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
