Kirk Falconer
CPPIB seeks broader range of PE opportunities Fund is world’s largest institutional investor in PE Initiative put in motion with appointment of Feeney Canada Pension Plan Investment Board, the world’s biggest institutional investor in private equity, is reorganizing its program to access a broader set of PE opportunities in a challenging market environment. The initiative […]
Why is this important: Serruya FO of Canada continues to build a major portfolio of brands in the U.S. quick-service restaurant industry. Family office Serruya Private Equity partnered with Lion Capital in acquiring the owner of Great American Cookies, Round Table Pizza and other retail food brands. Last month, Lion and SPE acquired Global Franchise Group from […]
Formed by ex-OTPP principals Targeting up to C$600 mln for debut First close expected early in 2019 Peloton Capital Management, a private equity firm founded by former principals of Ontario Teachers’ Pension Plan, has begun raising its debut fund, Buyouts has learned. The fund, earmarked for long-term investing in select North American sectors, is targeting […]
AUM: N/A Sectors of interest: Mid-market companies in light manufacturing, business and consumer services, and specialty retail. Geographic focus: Western regions of Canada and United States. Ebitda requirement: $2 mln to $6 mln Whom to contact: Principal Mark Townsend (mtownsend@tricorpacific.com). Why this is important: Tricor is a potential competitor or partner on deals. Tricor Pacific Capital, which […]
Clairvest Group has set an C$800 million ($625 million) target for its sixth mid-market fund, which would be the largest in the private equity firm’s 31-year history. Clairvest Equity Partners VI is expected to begin fundraising in Q1 2019, Vice Chairman and Managing Director Jeff Parr and President and Managing Director Michael Wagman told Buyouts. […]
Why this is important: The CEO of a prominent Canadian VC division is stepping down AUM at OMERS: C$95 billion (US$74.2 billion) Actual allocation to PE/VC: 12 pct John Ruffolo, CEO of OMERS Ventures, is leaving the firm, Ontario Municipal Employees Retirement System said. Ruffolo, who is also leaving his role as executive managing director of OMERS Platform […]
Wynnchurch acquires specialty uniform producer Logistik sellers: Argosy Partners, Clearspring Capital Products meet range of operations, environments Wynnchurch Capital has acquired a business that makes the uniforms worn by Canada’s military, border control and correctional facilities’ personnel. The private equity firm said this week it invested in Logistik Unicorp, the Saint-Jean-sur-Richelieu, Québec, provider of uniform solutions to […]
Why is this important: UTA is PSP’s first foray into global entertainment/media PSP Investments, Investcorp buy into Hollywood talent firm Deal values UTA at estimated $800 mln: Bloomberg UTA group continues to hold majority of company Public Sector Pension Investment Board and Investcorp have acquired a minority interest in United Talent Agency, a Hollywood talent business. Terms […]
PSP Investments, Investcorp buy into Hollywood talent firm Deal values UTA at estimated $800 mln: Bloomberg UTA group continues to hold majority of company Public Sector Pension Investment Board and Investcorp have acquired a minority interest in United Talent Agency, a Hollywood talent business. Terms weren’t disclosed. A source told Bloomberg the deal values UTA at […]
PSP seeing benefits of new PE and infra strategy Fiscal 2018 PE deployments C$4.4 bln Fiscal 2018 assets C$19.4 bln, up 22% Public Sector Pension Investment Board, Canada’s fourth largest pension system, is seeing the benefits of a three-year strategy that changed the way it invests in private equity and infrastructure, in part by doing […]