CPPIB targets local private equity

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CANADA - The Canada Pension Plan Investment Board has poured C$400m (US$375m) into a private equity fund of funds that will invest in Canadian small-mid sized companies.

The fund of funds will be managed by Northleaf Capital Partners and will target venture capital and growth equity funds looking to raise up to C$750m in capital commitments. CPPIB senior vice pr...

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