The Public Sector Pension Investment Board and Overlord Financial have agreed to buy Thunder Energy Trust for more than $202 million.

Overlord will manage the assets and own approximately 2% of the Calgary-based oil and gas income trust.

This is the second deal in as two weeks that the PSPIB is involved in. , it announced it was part of the consortium to buy BCE.

The fund manages pensions for the federal public service, the Canadian Forces and the Royal Canadian Mounted Police.

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