SWFI First Read, January 26, 2017
CPPIB Joins Investor Group to Bid for Shell’s North Sea Assets
The Canada Pension Plan Investment Board (CPPIB), EIG Global Energy Partners and North Sea-explorer Chrysaor Holdings Ltd. are bidding together to acquire a portfolio of Royal Dutch Shell Plc’s U.K. North Sea assets for more than US$ 2 billion. Shell is on track to divest around US$ 30 billion in assets to offset the acquisition of BG Group.
New York City Pension Names Two New Deputy CIOs
The New York City Bureau of Asset Management promoted two individuals, Alex Doñé and Michael Haddad, to be new deputy chief investment officers.
Russian Media Reports QIA and RDIF Agree to More Investment
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