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PE-backed HBX Group eyes $1bn Madrid IPO

Private Equity Wire

HBX Group, the Spanish travel technology company known for its Hotelbeds brand and backed by private equity firms Cinven, EQT, and Canadian pension fund CPP Investments, is gearing up for a 1bn ($1.04bn) initial public offering (IPO) in the coming weeks, according to a report by Reuters.

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BCI Takes BBGI Global Infrastructure Private, Completes Sale of Hayfin

Pension Pulse

Oliver Haill of Collective Investments also reports BBGI Global Infrastructure agrees takeover by Canadian pension fund: BBGI Global Infrastructure SA (LSE:BBGI) has received a 1.6 billion all-cash offer from Canadian pension fund manager British Columbia Investment Management (BCI). BBGI Global Infrastructure S.A.

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BCI Joins OTPP, Takes a Significant Minority Equity Stake in Broadstreet Partners

Pension Pulse

We are excited to continue this collaboration and now join forces with Ethos, BCI, and White Mountains, leveraging their collective expertise to enhance our capabilities and drive sustained growth. The business has consistently delivered strong operational performance by leveraging its extensive local relationships and nationwide expertise.

Stakes 52
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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

This approach is yielding profitable growth and operating leverage. As clients increasingly turn to BlackRock, we believe this will result in sustained market-leading organic growth, differentiated operating leverage and earnings and multiple expansion over time. With that, I'll turn it over to Larry.

Assets 130
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CDPQ Acquires Rogers' Cogeco Stake for $829M

Pension Pulse

“This sale further demonstrates our commitment to strengthen our investment grade balance sheet and aggressively reduce our debt leverage ratio,” Tony Staffieri, Rogers’ chief executive, said in a statement. We’re tracking six months ahead on our deleveraging priorities and we’re committed to reducing our debt leverage ratio even further.”

Stakes 59
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How CDPQ Used the Secondaries Market to Address Overallocation

Pension Pulse

The success of this monetization plan should be part of the Harvard Business Review case study so other large pension funds and sovereign wealth funds can mimic it. per share to buy back 8,695,652 shares from the Caisse, which is a 3-per-cent discount to the stock’s closing price on July 22. Couche-Tard will pay $80.50

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QuadReal and Valor Expand European Logistics Platform

Pension Pulse

Leveraging our new in-house development team, we are well-positioned to take on increasingly complex projects and deliver bespoke products that align with the needs of our occupiers.” With leverage, the value-add and develop-to-hold investment platform was expected to have more than €1bn of investable capital.