Track recorded fund announcements, transactions, leadership appointments and strategic developments from DataBane's published research.
The CPP Fund reported net assets of C$392.0 billion for the fiscal year ended March 31, 2019, according to the official CPP Investments results release. This is a CPP Fund net-asset metric and must not be silently recast as the manager's total group AUM.
Principal agreed to acquire Wells Fargo’s Institutional Retirement and Trust business at a USD 1.2 billion base price, subject to closing adjustments, with an earnout of up to USD 150 million tied to revenue retention. Lazard advised Principal. The acquisition subsequently closed July 1, 2019, and Wells Fargo continued servicing during transition. Final earnout paid was not confirmed in this research.
Monroe reported a final close at $1.33 billion for Monroe Capital Private Credit Fund III, surpassing the $800 million fundraising target.
The CPP Fund reported net assets of C$356.1 billion for the fiscal year ended March 31, 2018, according to the official CPP Investments results release. This is a CPP Fund net-asset metric and must not be silently recast as the manager's total group AUM.
Aflac announced expansion of its strategic relationship with NXT Capital to include an up-to-$2 billion portfolio of commercial real estate first mortgage loans, including roughly $1.1 billion of assets to be acquired, with ongoing middle-market credit initiatives.
The CPP Fund reported net assets of C$316.7 billion for the fiscal year ended March 31, 2017, according to the official CPP Investments results release. This is a CPP Fund net-asset metric and must not be silently recast as the manager's total group AUM.
CPP Investments and IndoSpace formed IndoSpace Core with an initial CPPIB commitment of approximately US$500 million; the date is explicitly May 15, 2017 and corrects a previously staged date placeholder.
The CPP Fund reported net assets of C$278.9 billion for the fiscal year ended March 31, 2016, according to the official CPP Investments results release. This is a CPP Fund net-asset metric and must not be silently recast as the manager's total group AUM.
