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Managing CPP Investments Costs Discipline in cost management is a main thrust of our public accountability as we continue to build an internationally competitive enterprise that seeks to create enduring value for multiple generations of beneficiaries of the CPP. Committed €500 million to CVC Capital Partners IX, L.P.,
Operating expenses increased by $112 million due to an increase in full-time globally positioned talent, continuous improvements to our technology and data infrastructure, and the development of our investment science capabilities. which focuses on control buyouts and minority investments in mid-to-large companies across Asia.
Private debt, private credit was unheard of in Europe until the banks effectively went into this massive liquidity squeeze and all those asset managers had to step in and fill this void. Private equity at the time was only about buyout and LBO. Great opportunity for us. And I think this is where the industry should be heading.
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