CPP Investments selling its European non-performing loan portfolio
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Moose Jaw Today
CPP Investments selling its European non-performing loan portfolio
TORONTO — The Canada Pension Plan Investment Board has signed a deal to sell its remaining interest in its European non-performing loan portfolio to a joint venture including funds managed by Arrow Global Group and Fortress Investment Group.
The Canadian pension fund has just concluded an agreement to divest itself of a European portfolio of underperforming loans with two specialized players in this market.
CPP Investments sells European NPL portfolio to Arrow and Fortress affiliates
The Canada Pension Plan Investment Board (CPP Investments) has entered into an agreement to sell its remaining interests in its European non performing loan (NPLs) portfolio to a newly-formed joint venture vehicle established between funds managed by affiliates of Arrow Global Group and funds managed by affiliates of Fortress Investment Group. The agreed transaction will […] The post CPP Investments sells European NPL portfolio to Arrow and Fort…
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