99 Cent Stores Burns Hole in CPPIB’s Wallet, Undertakes Distressed Exchange

Posted on 11/28/2017


A number of prominent institutional investors have missed the trends of online shopping and its impact on U.S. discount retailers. The Canada Pension Plan Investment Board (CPPIB) is a major North American investor participating in a plethora of co-investments and buyouts. For example, CPPIB participated in KKR’s March 2007 buyout of Dollar General Corporation, earning […]