The Caisse de dépôt et placement du Québec is part of a investment consortium that is buying Laureate Education, an online and campus-based university education provider, for US$3.8 billion.
The group includes Kohlberg Kravis Roberts(KKR), Citigroup Private Equity, SAC Capital Management, SPG Partners, Bregal Investments, Sterling Capital, Makena Capital, Torreal SA, and Southern Cross Capital.
The deal is just one of many recent announcements made by the Caisse in the last couple months.
Last week, the Caisse announced it would form a joint venture with Abitibi-Consolidated for that company’s Ontario hydro electric generation facilities.
In December, the Caisse said it would increase its stake in Atlantic Power, invest in Maetta Sciences, and set up a fund with the Business Development Bank of Canada.
To comment on this story email craig.sebastiano@rci.rogers.com.