INSURANCE: CPPIB Increases Stake in Enstar Group
Posted on 09/20/2016
The Canada Pension Plan Investment Board (CPPIB) is not slowing down on building exposure to the insurance sector. Just days after announcing the acquisition of Ascot, CPPIB acquired a 6% stake in Bermuda-based Enstar Group Limited for US$ 190 million from the private equity arm of Goldman Sachs. CPPIB bought a 9.9% economic ownership interest […]
