OPTrust joins $1.2 bln investment in Globalvia: Reuters

Three large pension fund managers said this week they had invested 1 billion euros (US$1.22 billion) in Madrid-based Globalvía Inversiones SA, a transportation infrastructure developer, Reuters reported. Globalvia is 40.8 percent owned by the Netherlands’ PGGM, 40.3 percent owned by Canada’s OPTrust, and 18.9 percent owned by Britain’s USS. Toronto-based OPTrust, which has more than $20 billion in assets under management, and PGGM first invested in Globalvia in 2011 as part of a recapitalization deal.

6 April 2018•1 min read
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