December 21, 2011
Aliansce has entered into a co-investment agreement with Canada Pension Plan Investment Board (CPPIB) to acquire Reishopping’s ownership interest in the property
Aliansce has entered into a co-investment agreement with Canada Pension Plan Investment Board (CPPIB) to acquire Reishopping’s ownership interest in the property. This agreement marks the beginning of the Company's strategic relationship with CPPIB, a large global institutional investor, with approximately US$146 billion in assets as of September 30, 2011.
December 21, 2011
Canada's top two institutional investors support GENIVAR's growth - Canada Pension Plan Investment Board and the Caisse de dépôt et placement du Québec invest $159.7 million through an equity private placement
Montreal, Quebec – December 21st, 2011 - GENIVAR Inc. (TSX: GNV) (“GENIVAR” or the “Company”) announced today that it has completed an equity private placement (the “Private Placement”) of 6,500,000 common shares from treasury at a price of $24.57 per share for aggregate gross proceeds of $159,705,000. Participants in the Private Placement are Canada’s top two institutional investors, the Canada Pension Plan Investment Board (“CPPIB”) and the Caisse de dépôt et placement du Québec (the “Caisse”), each of whom invested a gross amount of $79,852,500.
December 13, 2011
Goodman and CPPIB increase equity commitment for China joint venture, and sign new debt facility
Goodman Group (Goodman or Group) is pleased to announce that Canada Pension Plan Investment Board (CPPIB) and Goodman have increased their equity commitment in the 80/20 joint venture, Goodman China Logistics Holding (GCLH). The additional capital increases the combined equity commitment to the GCLH joint venture to a total of US$500 million, of which 80% is represented by CPPIB, who has committed an additional US$250 million.
December 6, 2011
Dendreon Agrees to Sell VICTRELIS™ (boceprevir) Royalty Interest for $125 Million
SEATTLE, December 6, 2011 -- Dendreon Corporation (NASDAQ:DNDN) today announced that it has agreed to sell for $125 million in cash its royalty interest related to intellectual property licensed to Schering-Plough Ltd. and Schering Corporation (collectively Schering, each now a wholly owned subsidiary of Merck & Co., Inc.) and associated with VICTRELIS™ (boceprevir), a treatment for chronic hepatitis C. The royalty interest was acquired by CPPIB Credit Investments Inc., a wholly-owned subsidiary of CPP Investment Board (CPPIB). The transaction is expected to close in December 2011. The intellectual property related to VICTRELIS was co-developed by Corvas International, Inc. and Schering and, was acquired by Dendreon in July 2003.
November 25, 2011
Teine Energy Completes $204 Million Equity Financing
Teine Energy Ltd. (Teine) is pleased to announce the completion of an equity line commitment of up to $100 million into Teine by the Canada Pension Plan Investment Board (CPPIB). Teine will use the funds to accelerate the development of its large Viking oil drilling inventory and to fund the acquisition of 52 net sections of prospective Viking oil rights from Baytex Energy Corp. In addition, Teine will retire its obligations under the existing convertible debenture held by CPPIB Credit Investments Inc. through the issuance of $104 million of preferred shares to CPPIB.
November 10, 2011
CPP Fund Ends Fiscal Second Quarter at $152.3 Billion
TORONTO, ON (November 10, 2011): The CPP Fund ended the second quarter of fiscal 2012 on September 30, 2011 at $152.3 billion compared to $153.2 billion at the end of the first quarter on June 30, 2011.
November 4, 2011
Apax Partners, CPPIB and PSP Investments complete acquisition of Kinetic Concepts, Inc.
NEW YORK, NY, November 4, 2011 -- A consortium comprised of funds advised by Apax Partners (“Apax”), together with controlled affiliates of Canada Pension Plan Investment Board (“CPPIB”) and the Public Sector Pension Investment Board (“PSP Investments”), today announced the completion of its acquisition of Kinetic Concepts, Inc. (NYSE: KCI) for $68.50 per common share in cash. KCI shareholders approved the transaction at a special meeting held on 28th October.
October 28, 2011
Kinetic Concepts shareholders approve acquisition by Apax Partners, CPPIB and PSP Investments
NEW YORK, NY, October 28, 2011 -- A consortium comprised of investment funds advised by Apax Partners (“Apax”), together with controlled affiliates of Canada Pension Plan Investment Board (“CPPIB”) and the Public Sector Pension Investment Board (“PSP Investments”), today announced that shareholders of Kinetic Concepts, Inc. (NYSE: KCI) have approved the consortium’s acquisition of KCI for $68.50 per common share in cash, or a total value of approximately $6.3 billion, including KCI’s outstanding debt. It is expected that the acquisition will close in early November.
October 14, 2011
Oxford Properties and CPP Investment Board Announce New Toronto AAA LEED Gold Office Tower Development
October 14, 2011, TORONTO: Oxford Properties, the real estate arm of the OMERS Worldwide
Group of Companies, and CPP Investment Board (CPPIB) today announced the development of
RBC WaterPark Place: a 930,000 square foot, 30 storey, class AAA LEED Gold office tower in
downtown Toronto. The development is a 50/50 joint venture between Oxford, who will oversee
all aspects of the development and management of the property, and CPP Investment Board.
October 11, 2011
Ares Management, Canada Pension Plan Investment Board and Gold/Schiffer Family to Acquire 99¢ Only Stores For $22.00 Per Share in Cash
City of Commerce, CA– October 11, 2011– 99¢ Only Stores (NYSE: NDN) (the “Company”) today announced that it has entered into a definitive agreement to be acquired by affiliates of Ares Management LLC and Canada Pension Plan Investment Board for $22.00 per share in cash, in a transaction with a total equity value of approximately $1.6 billion. Members of the Gold/Schiffer family have entered into a voting agreement in support of the transaction and will continue to hold a significant minority ownership stake. Eric Schiffer (CEO), Jeff Gold (President and COO), and Howard Gold (EVP) will continue in their current leadership roles at the Company and will serve as directors. Founder David Gold will serve as Chairman Emeritus.
September 21, 2011
General Growth Properties, Inc. and Canada Pension Plan Investment Board Form Joint Venture Partnership to Acquire Plaza Frontenac in St. Louis; CPPIB Also Acquires Interest in Saint Louis Galleria
CHICAGO/TORONTO September 21, 2011 -- General Growth Properties, Inc. (NYSE: GGP) (“GGP”) and Canada Pension Plan Investment Board (“CPPIB”) today announced a joint-venture partnership to acquire Plaza Frontenac. As part of the transaction, CPPIB also will invest in GGP’s Saint Louis Galleria. The joint venture will maintain ownership in the two high profile malls in the Saint Louis metropolitan area.
August 31, 2011
Global Logistic Properties and Canada Pension Plan Investment Board Form Joint Venture to Develop Modern Logistics Facilities in Japan
Singapore/Toronto, Canada – Global Logistic Properties Limited (“GLP”) and the Canada Pension Plan Investment Board (“CPPIB”) today announced that they have formed a joint venture (“Japan Development Fund” or the “Fund”) to develop and hold institutional quality, modern logistics facilities. Each partner will invest US$250 million of equity over a projected three year investment horizon. The targeted leverage is 50% loan-to-value (after stabilization) and the Fund is open-ended with a long-term investment horizon. The Japan Development Fund will focus on building multi-tenant and build-to-suit facilities mainly in the greater Tokyo and Osaka areas in Japan. An attractive site in Tokyo has been identified as the first potential development for the Fund.
August 11, 2011
CPP FUND ENDS FISCAL FIRST QUARTER AT $153.2 BILLION
TORONTO, ON (August 11, 2011): The CPP Fund ended the first quarter of fiscal 2012 on June 30, 2011 with net assets of $153.2 billion, an increase of $5.0 billion from the previous quarter ended March 31, 2011.
August 3, 2011
Canada Pension Plan Investment Board Expands U.S. Real Estate Portfolio with Eight Key Transactions
Toronto, ON (August 3, 2011) – The CPP Investment Board (CPPIB) announced today the completion of eight new real estate investments in the United States as part of the continued execution of its U.S. real estate investment strategy to acquire high quality assets in key markets, alongside best-in-class partners.
July 21, 2011
Grosvenor Fund Management and Canada Pension Plan Investment Board form joint venture to invest £200 million in London’s West End office market
Toronto, ON/London, U.K. (July 21, 2011) – Grosvenor Fund Management (GFM) and the Canada Pension Plan Investment Board (CPPIB) announced today that they have formed a joint venture partnership to invest up to £200 million in London’s West End office market over the next two years. CPPIB will invest £190 million in this venture and Grosvenor Fund Management will invest £10 million and lead asset sourcing and management activities.
July 13, 2011
Apax Partners, CPPIB and PSP Investments to acquire Kinetic Concepts, Inc. for $68.50 per share
NEW YORK, NY, July 13, 2011 -- A consortium comprised of funds advised by Apax Partners (“Apax”), together with controlled affiliates of Canada Pension Plan Investment Board (“CPPIB”) and the Public Sector Pension Investment Board (“PSP Investments”), today announced that it has entered into a definitive agreement to acquire Kinetic Concepts, Inc. (NYSE: KCI) for $68.50 per common share in cash.
June 29, 2011
Canada Pension Plan Investment Board Acquires 50% Interest in Premier New Industrial Facility in Hong Kong
Toronto, ON (June 29, 2011) – The Canada Pension Plan Investment Board (CPPIB) announced today that it has acquired from Goodman Group 50% of the shares in Hong Kong Interlink, an industrial facility currently under development in Tsing Yi, Hong Kong. The gross purchase price of this interest is approximately C$285 million. CPPIB is making an equity commitment of approximately C$205 million and assuming debt of approximately C$80 million to purchase the 50% interest.
June 6, 2011
Canada Pension Plan Investment Board Enters Into an Agreement to Acquire a 24.1% Stake in Gassled Alongside Two Consortium Partners
Toronto, ON (June 6, 2011) – The Canada Pension Plan Investment Board (CPPIB) announced today that a consortium formed by CPPIB, Allianz Capital Partners GmbH (Allianz), and the Abu Dhabi Investment Authority (ADIA, and together the Consortium) has entered into an agreement to acquire a 24.1% stake in the Gassled Joint Venture (Gassled) from Statoil ASA.
May 31, 2011
Canada Pension Plan Investment Board Acquires 50% Interest in Northland Shopping Centre in Melbourne, Australia
Toronto, ON (May 31, 2011) – The Canada Pension Plan Investment Board (CPPIB) announced today that it has acquired a 50% joint venture interest in Northland Shopping Centre (Northland) for a total equity commitment of A$455 million.
May 19, 2011
CPP Fund Totals $148.2 Billion at 2011 Fiscal Year-End
TORONTO, ON (May 19, 2011): The CPP Fund ended its fiscal year on March 31, 2011 with net assets of $148.2 billion, compared to $127.6 billion at the end of fiscal 2010. The $20.6 billion increase in assets after operating expenses marks a new all-time high for the Fund. The Fund increase resulted from $15.5 billion in investment income and $5.4 billion in net CPP contributions. The portfolio returned 11.9% for fiscal 2011, compared to 14.9% in the prior fiscal year.
May 13, 2011
CPP Investment Board Acquires 50% Interest in CentrO Oberhausen, a Premier German Shopping Centre, from Stadium Group
Toronto, ON/London, U.K. (May 13, 2011) – The CPP Investment Board (CPPIB) and Stadium Group announced today that CPPIB has acquired a 50% joint venture interest in CentrO Oberhausen, a premier super-regional shopping and leisure centre in Germany, valued at €1.3 billion, from Stadium Group (Stadium). CPPIB’s equity investment is €270 million. Stadium will retain its 50% interest in CentrO and will continue to manage the shopping centre.
May 13, 2011
CPP Investment Board Advances U.S. Real Estate Strategy with Acquisition of Interest in 13 Regional Shopping Malls in New England
Toronto, ON (May 13, 2011) – The CPP Investment Board (CPPIB) announced today that it has acquired a 36.9% interest in the Mayflower partnership from institutional investors advised by JP Morgan Asset Management, for a total equity investment of US$350 million. The Mayflower partnership owns a portfolio consisting of 13 regional malls located in the United States mostly throughout the New England area. In aggregate, the portfolio has a total value of approximately US$2.03 billion.
April 12, 2011
Black Swan Energy Ltd Announces Formation of New Exploration and Production Company in Calgary
Calgary, Alberta, April 12, 2011 – Black Swan Energy Ltd (“Black Swan” or the “Company”), a privately held oil and gas exploration and production company, today announced that Warburg Pincus, the Canada Pension Plan Investment Board and KERN Partners have agreed to invest up to C$350 million in the Company.
March 17, 2011
Goodman notes successful IIF Unitholder Meeting
Goodman Group (Goodman or Group) is pleased to note that the Goodman-led Consortium’s proposal to acquire all of the ordinary units in IIF has been approved by ING Industrial Fund (IIF) Unitholders at a Meeting held in Sydney today. Approval of the transaction remains subject to a court hearing which is scheduled for Friday, 18
March 2011. Goodman Group CEO, Mr Greg Goodman said: “We are delighted with today’s positive voting
result. The three resolutions were all voted over 93% in favour which demonstrates the strong
investor support for the Consortium’s proposal and enables us to progress the acquisition to its
final stages.”
March 10, 2011
AWAS RECEIVES SIGNIFICANT INJECTION OF CAPITAL TO FUND GROWTH AND ADDITIONAL ACQUISITIONS
Dublin based aircraft lessor, AWAS, announces that Terra Firma, Canada Pension Plan Investment Board (CPPIB) and other co-investors have committed to invest an additional $529 million in the business by April 2011 to drive its expansion programme and a further $200 million to finance further value enhancing opportunities.
February 10, 2011
CPP FUND ENDS FISCAL THIRD QUARTER AT $140.1 BILLION
TORONTO, ON (February 10, 2011): The CPP Fund ended the third quarter of fiscal 2011 on December 31, 2010 at $140.1 billion compared to $138.6 billion at the end of the second quarter on September 30, 2010.
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