Canada Pension Plan’s Net Assets Top $500bn

Canada Pension Plan’s Net Assets Top $500bn

The Canada Pension Plan Investment Board’s net assets topped half a trillion dollars in its first quarter. CPP Investments reported that its net assets for the quarter ended June 30 totaled $519.6bn, up from $497.2 bn at March 31. The increase came as the fund earned...
$1.9bn raised for Bain Capital’s life sciences fund

$1.9bn raised for Bain Capital’s life sciences fund

Bain Capital’s life sciences arm has just finished raising $1.9bn for its third investment fund. The fund also includes $300m from current and former partners of the Boston-based private equity firm, and it has begun searching for drug, biotech, and medical device...