OTPP, Illinois TRS invest in NXT Capital

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CANADA/US - Teachers' Private Capital, a unit of the C$107.5bn ($106.4bn) Ontario Teachers' Pension Plan, and the $37.3bn Teachers' Retirement System of the State of Illinois have made equity investments to finance company NXT Capital.

Teachers' Private Capital invested $125m from its C$12bn private equity portfolio, NXT said. The firm said NXT has raised $318m in its latest round of equity commitments from both existing and new investors,...

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