CPPIB Joins Platform to Access Private Debt Opportunities
CPPIB Credit Investments Inc., a wholly-owned subsidiary of the Canada Pension Plan Investment Board (CPPIB) joined as a joint venture partner and investor in MerchCap Solutions LLC, formerly known as KKR-SPC Merchant Advisors. CPPIB Credit Investments Inc. is joining KKR & Co. L.P. and Stone Point Capital in the middle-market credit platform. Mark Jenkins, Head of Private Debt for CPPIB, will join the board of directors of MerchCap Solutions LLC.
CPPIB is using its asset size and strength to access middle-market credit opportunities.
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