{"id":56148,"date":"2025-02-12T15:18:35","date_gmt":"2025-02-12T15:18:35","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/02\/12\/cppib-plows-at-least-us5b-into-private-equity-in-three-months\/"},"modified":"2025-02-12T15:18:35","modified_gmt":"2025-02-12T15:18:35","slug":"cppib-plows-at-least-us5b-into-private-equity-in-three-months","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/02\/12\/cppib-plows-at-least-us5b-into-private-equity-in-three-months\/","title":{"rendered":"CPPIB plows at least US$5B into private equity in three months"},"content":{"rendered":"
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The pension fund made 26 transactions in private equity \u2014 most of which were co-investments or fund commitments \u2014 in the fiscal quarter ended Dec. 31, according to Bloomberg calculations. Some investment sizes weren\u2019t disclosed, and the fund announced no exits during the same period.<\/p>\n<\/div>\n

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Canada\u2019s largest pension notched a 3.8 per cent gain in the quarter, driven by returns in private equity and credit. The gains were offset by losses in fixed-income assets, which were affected by higher U.S. Treasury yields.<\/p>\n

Net assets hit nearly $700 billion, a milestone reached five years ahead of initial projections by the Office of the Chief Actuary of Canada.<\/p>\n

\u201cOur investment teams were very active, with more than 40 transactions signed or closed in the last three months of the calendar year,\u201d chief executive John Graham said in the statement.<\/p>\n

The investments included a 24.5 per cent stake in video-game provider Keywords Ventures Ltd. and committing US$700 million to a private equity fund managed by EQT Private Capital Asia. CPPIB also plans to contribute about US$1 billion to the proposed merger between Novolex and Pactiv Evergreen Inc., two packaging companies.<\/p>\n

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