CPPIB Invests £240 Million in Mezzanine Facility for Wembley Park Project
Despite the Brexit vote outcome in June 2016, Canadian asset owners continue to invest in large-scale funding projects in the United Kingdom. Canada Pension Plan Investment Board (CPPIB), through its unit CPPIB Credit Investments Inc., has agreed to provide a £240 million corporate mezzanine development facility to London developer Quintain Estates & Development Plc. Founded in 1992, Quintain is owned by Dallas-based Lone Star Funds. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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