CPPIB revamps $80 bln PE program to extend global deal reach
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 was set in motion nine months ago, when Senior Managing Director Shane Feeney was appointed global head of PE. Feeney’s job, a new one at the $368 billion pension fund, marked the end of two investment departments and created an amped-up PE platform that unites the once divided areas of direct investing, funds, secondaries and Asian investing. It amasses assets worth $80.3 billion and brings together more than 100 investment pros located worldwide.
12 December 2018•1 min read
