Blackstone and CPP Investments Acquire AirTrunk From Macquarie and PSP Investments
Pension Pulse
SEPTEMBER 4, 2024
The deal triggers a large performance fee for ASX-listed Macquarie Group, which manages the fund. The fee is expected to be worth hundreds of millions of dollars. Interestingly, a year ago, Bisnow reported that AirTrunk was weighing a potential initial public offering that would value the company at $6.4B.
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