CANADA - The C$11bn (US$7bn) Canada Pension Plan Investment Board (CPPIB) has acquired a 10% interest in the merchant bank, NB Capital Partners, and awarded it three mandates worth a total of C$180m (US$113m).
The CPPIB will pay C$18m (US$11.3m) for its 10% stake in the firm. The C$180m that it has awarded NB Capital will be committed to private equity, venture capital and mezzanine debt funds. Additi...
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