CPP Investments sells portfolio of private equity fund interests
- The Canada Pension Plan Investment Board sold a portfolio of 25 private equity fund interests for $1.2 billion in net proceeds.
- The buyers of the portfolio are Ares Management Private Equity Secondaries Funds and CVC Secondary Partners.
- Dushy Sivanithy stated that the sale was part of CPP Investments' active portfolio management.
- CPP Investments had net assets totaling $699.6 billion as of December 31, 2024.
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CPP Investments Sells Portfolio of Private Equity Fund Interests
The Canada Pension Plan Investment Board says it has sold a portfolio of 25 private equity fund interests in North American and European buyout funds for $1.2 billion in net proceeds. The board says the buyers are Ares Management Private Equity Secondaries funds and CVC Secondary Partners, the secondaries business of CVC. Ares is a global alternative investment manager, while CVC is a global private markets manager focused on private equity, sec…
·New York, United States
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