November 10, 2010 / 2:42 PM / 8 years ago

FACTBOX-CPPIB charts growth with swathe of acquisitions

(In U.S. dollars unless noted)

Nov 10 (Reuters) - Here are major investments from the Canada Pension Plan Investment Board, which manages the national pension fund and had some C$138.6 billion ($138.6 billion) under management as of Sept 30.

The CPPIB is leading Canada’s deep-pocketed pension fund administrators. It has 17 million contributors and beneficiaries, and emerged almost unscathed from the global economic crisis, shielded by its long-term investment horizons.

Oct 20 - Under a joint venture with Vornado Realty Trust, CPPIB announces plans to buy a 45 percent stake in two prime office properties in Washington D.C. for $91 million, including 1299 Pennsylvania Avenue (the Warner Building) and and 1101 17th Street NW.

Oct 5 - CPPIB announces plans to buy a further 10 percent stake in Toronto’s 407 Express Toll Route from Spain’s Ferrovial (FER.MC) for C$894 million. The deal will boost the fund’s stake in 407 ETR — a Toronto-area toll highway that generated C$560 million in revenue last year — to 40 percent once it closes a previous deal with Australia’s Intoll group ITO.AX.

Sept 20 - CPPIB buys stakes in eight Canadian shopping centers for C$230.5 million to expand its presence in the Canadian retail sector. Including C$105 million in assumed debt, the deal was valued at C$335.5 million.

Aug 27 - Australian toll-road operator Intoll Group ITO.AX said it recommended CPPIB’s takeover bid after it slightly enhanced its offer, valuing it at A$3.4 billion ($3.01 billion).

Aug 4 - CPPIB teams up with Hammerson (HMSO.L) to buy 10 Gresham Street for 183 million pounds ($283 million) as investors chase prime London property with good rental growth prospects.

July 27 - Tomkins Plc TOMK.L, a British maker of car parts, industrial hoses and bath tubs, backs a 2.9 billion pound ($4.50 billion) takeover offer from Canadian investors including CPPIB that would be the year’s largest leveraged buyout. [ID:nLDE66Q0B4]

July 15 - CPPIB offers to buy Australian toll-road operator Intoll Group ITO.AX with a C$3.5 billion bid. [ID:nSGE66E00R] The offer comes just months after the collapse of a previous joint bid for another Australian toll-road group Transurban (TCL.AX). [ID:nSGE64A0MW]

July 6 - CPPIB extends its foray into Canada’s oil and gas sector, buying a 17.1 percent stake in closely held Calgary oil sands company Laricina Energy Ltd for C$250 million. [ID:nN06103359]

May 10 - CPPIB buys into the Manhattan real estate market for the first time, taking stakes in skyscrapers valued at more than $1.45 billion. That includes a 45 percent stake in 1221 Avenue of the Americas, the McGraw-Hill building, from SL Green Realty Corp (SLG.N) for $576 million. [ID:nN10249446]

April 15 - CPPIB announces plans to invest in its first India-focused fund, committing up to $100 million. CPPIB says it committed to a fund that will invest across corporate sectors, called Multiples Alternate Asset Management. [ID:nN15102538]


Nov 5 - Private equity firm TPG [TPG.UL] and the CPPIB strike the biggest leveraged buyout deal of the year, worth $4 billion, to buy prescription drug sales data provider IMS Health Inc. The deal shows how much the markets have improved after private equity firms were shut off from traditional LBOs after the credit crisis limited access to cheap debt. [ID:nN05111965]

Oct 8 - Canadian logistics company Livingston International Income Fund LIV_u.TO agrees to be taken private by CPPIB and Sterling Partners in a deal valued at about C$225.3 million. [ID:nBNG465071]

Sept 1 - EBay Inc (EBAY.O) announces plans to sell a 65 percent stake in its online phone unit Skype for $1.9 billion to private investors including Silver Lake, the CPPIB and a venture firm run by Netscape co-founder Marc Andreessen. [ID:nL1304276]

June 30 - Shareholders in Australian investment firm Macquarie Communications Infrastructure Group vote in favor of a $1.3 billion takeover offer from CPPIB, one of the largest deals of the year to date. [ID:nSYD397051]

$1=$1.00 Canadian Reporting by Pav Jordan; editing by Janet Guttsman

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