Cpp Investments News Today

Canada Pension Plan Investment Board (CPP Investments) today announced it has established a new real estate investment and operating platform focused on purpose-built student accommodation (PBSA) in continental Europe. CPP Investments is forming this platform through its acquisition of Round Hill Capital's minority stake in Round Hill European Student Accommodation Partnership (our existing joint venture), and the full acquisition of Nido Living, a leading European PBSA operator and manager...

Canada Pension Plan Investment Board (CPP Investments) today announced it has agreed to a restructure and sale of a 21% partial interest in the Kendall Square Development Venture (KDV I) in South Korea. Net proceeds to CPP Investments from the sale will be approximately US$245 million.

Canada Pension Plan Investment Board (CPP Investments) today announced certain affiliates of CPP Investments have signed a definitive agreement providing for a proposed merger of Aera Energy, LLC (Aera Energy), and California Resources Corporation (NYSE: CRC), an independent energy and carbon management company committed to the energy transition. The transaction values Aera Energy at approximately $2.1 billion, inclusive of Aera Energy's net debt. CPP Investments will receive newly issued s...

Canada Pension Plan Investment Board (CPP Investments) today announced it has committed an additional £300m (C$511m) to Octopus Energy Group (Octopus). This investment increases CPP Investments' ownership of Octopus and is part of a funding round co-led by CPP Investments.

The London Pensions Fund Authority (LPFA) has published its 2022-23 annual report, detailing a £100m yearly rise in its value, to £7.7bn, with a funding level at 118%.

The fund manager says it saw losses in fixed income and weakness in public equities as global markets declined

Out of Rs. 28.13 crores due under the other two conveyance deeds, Rs. 5.95 crore has been paid, with the balance amount being payable upon fulfilment of the conditions agreed upon by and between the parties. International property consultant CBRE South Asia acted as the advisor for the transaction.

The deal will allow CPP to rebalance its portfolio and free up capital for future investments

Canada Pension Plan Investment Board (CPP Investments) announced today it has completed the sale of a diversified portfolio of 20 limited partnership fund interests in mostly North American and European buyout funds to Ardian, a world-leading private investment house, managing or advising US$156 billion of assets, headquartered in France.

Canada Pension Plan Investment Board (CPP Investments), through its wholly owned subsidiary CPPIB Renewables Europe S.à.r.l., today announced it has agreed to terms with a wholly owned subsidiary of Enbridge Inc. to sell its 24.5% stake in two German offshore wind assets, Hohe See and Albatros.