OTPP to Boost Birmingham Airport Holding

Toronto-based Ontario Teachers’ Pension Plan (OTPP) plans to augment its interest in Birmingham Airport (United Kingdom) to 48.25%. OTPP acquired a 19.25% stake in the airport from Victorian Funds Management Corporation (VFMC), a superannuation funds manager. A long-term investor indeed, OTPP made its initial investment in the airport in 2001. The pension investor boosted its stake in 2007.

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In addition, OTPP is the sole owner of Bristol International Airport in England and holds a 39% stake in Brussels Airport Co. OTPP owns a 30% stake in Copenhagen Airport. Andrew Claerhout leads the infrastructure team at OTPP.

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