Freepoint, CPPIB-backed MCS team up to challenge Wall St: Reuters

U.S. trading firm Freepoint Commodities and a financing group including Kohlberg Kravis Roberts & Co (KKR) and CPPIB Credit Investments are joining forces to challenge Wall Street's long dominance of funding the raw materials industry, Reuters reported. Merchant banking group MCS Capital Markets LLC, a joint venture between Stone Point Capital, KKR and CPPIB formed in early 2013, says it has completed 50 transactions involving over US$30 billion.

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