The Caisse de dépôt et placement du Québec and Bain Capital plan to reduce their interest in Ski-doo maker Bombardier Recreational Products (BRP) by selling $261 million worth of stock.
Private equity firm Onex has appointed both David Hirsch and Tawfiq Popatia to the role of managing director.
The global private equity industry closed 2013 with record amounts of "dry powder," capital committed to private equity funds but yet to be invested.
Sprott Consulting, Sprott's private equity business unit, has been awarded the mandate to co-manage a 10-year US$375 million ($400 million) private equity fund by South Korea's National Pension Service with a matching US$375 million co-investment commitment to be provided by the state-owned Korean Electrical Power Company.
OMERS Private Equity (OPE)—along with existing management—has acquired Caliber Collision Centers from private equity firm ONCAP, Onex Corporation's mid-market private equity platform.
The Caisse de dépôt et placement du Québec and BMO Capital Partners are investing $20 million in Corporation de développement Nautilus Plus, which owns the largest corporate network of fitness centres in Quebec.
Ontario Teachers' Pension Plan has reached an agreement to acquire Burton's Biscuit Company for an undisclosed amount.
Private equity funding for Ontario solar project.
Ontario Teachers' Pension Plan and Ares Management have completed the acquisition of CPG International.
Private equity funds around the world have a glut of assets, but they’re facing a shortage of good investment opportunities and other challenges amid a slow recovery from the financial meltdown, according to a study.