Reuters News

The Canada Pension Plan Investment Board (CPPIB) named Ed Cass as its new chief investment strategist and a member of its senior management team on Feb 6, giving him responsibility for the overall investment strategy of the massive pension fund.

The Canada Pension Plan Investment Board (CPPIB) named Ed Cass as its new chief investment strategist and a member of its senior management team on Feb 6, giving him responsibility for the overall investment strategy of the massive pension fund. Cass, currently head of global tactical asset allocation in the pension fund’s public market investments […]

Dozens of strategic and private equity players including Bloomberg News and Warburg Pincus are circling Pearson’s financial news provider Mergermarket ahead of an Oct. 7 deadline for first-round bids, several industry sources close to the deal told Reuters.

Firm: HarbourVest Partners Fund: Dover Street VIII Target: $3 billion Amount Raised: $3.6 billion Private equity investment firm HarbourVest Partners announced on July 10 that it had raised $3.6 billion for its Dover Street VIII fund, more than originally targeted due to strong demand. The fund will make secondary investments, mainly buying other investors’ stakes […]

* Takes 39% stake in Dorna * Deal valued at $518M * Follows Formula One deal Canada Pension Plan Investment Board, one of the country’s top pension fund managers, on Friday outlined two major investments in the world of professional motor racing, according to sister news service Reuters. CPPIB, known for staid investments in infrastructure […]

Target: Tomkins Ltd’s heating and air conditioning business Price: $1.1 billion Sponsor: Canada Pension Plan Investment Board Seller: CPPIB and Onex Corp. The Canada Pension Plan Investment Board has agreed to pay $1.1 billion for the heating and air conditioning business of Tomkins Ltd, a British-based industrial holdings company jointly owned by CPPIB and Onex […]

Hedge Fund manager William Ackman on Aug. 23 said mall operator General Growth Properties should put itself up for sale and noted that at least one potential bidder would value it at 51 percent above its current share price.

The U.S. Securities and Exchange Commission has delayed for a week its consideration of new rules to lift the ban on general advertising forprivate securities offerings, the regulator said on Tuesday.

Australia’s Goodman Group and Canada Pension Plan Investment Board have more than doubled their equity investment in a Chinese joint venture to $500 million, targeting growth in China’s logistics market, sister news service Reuters reported. The two parties formed a 80-20 joint venture with an initial commitment of around $180 million in 2009 to own […]