Public Funds Bet on XPO Logistics
Posted on 09/12/2014
Greenwich-based XPO Logistics, which is publicly-traded on the NYSE, has drawn interest from a pool of public sector capital. Ontario Teachers’ Pension Plan (OTPP), Canada’s Public Sector Pension Investment Board (PSP Investments) and Singapore’s GIC Private Limited have agreed to invest US$ 700 million into XPO for an approximate 21% equity stake. The investment will […]
- Canada
- Government of Singapore Investment Corporation
- Morgan Stanley
- OTPP
- PSP Investments
- Public Pension
- United Rentals
- XPO