CPPIB eyes up to $5 bln for private equity funds in 2014
The $227 billion Canada Pension Plan Investment Board (CPPIB) expects to invest more in private equity funds this year as the pension system faces a challenging environment for returns and high purchase price multiples in the deal market. André Bourbonnais, senior managing director and global head of private investments, said CPPIB is trending between $4.5 billion to $5 billion in private equity investments this year with commitments to 12 to 15 funds, including a mix of new and existing managers in both developed and emerging markets.
1 October 2014•2 mins read
