Caisse de dépôt invests $8 mln in commercial insurance broker BFL
Canadian pension fund manager the Caisse de dépôt et placement du Québec has made an $8 million private equity investment in BFL Canada, an independent commercial insurance broker. Proceeds of the funding will assist the Montréal-based company to continue its growth, particularly through acquisitions, the Caisse de dépôt said. Founded in 1987 by president and CEO Barry Lorenzetti, the employee-owned BFL provides risk management, insurance brokerage and employee benefits services.
11 March 2014•3 mins read
