Canadian Pension Giant Turns to Blackstone and KKR to Seal Infrastructure Megadeals

Canadian pension giant turns to Blackstone and KKR to seal infrastructure megadeals

One of the world's biggest infrastructure investors is turning to private capital groups to help it land megadeals, as firms such as KKR & Co. Inc., Blackstone Inc. and BlackRock Inc. expand their influence in a sector long dominated by pension funds.

Canadian pension giant turns to Blackstone, KKR to seal infrastructure megadeals

CPPIB has started backing private capital groups’ funds rather than only investing in companies directly