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CPPIB part of joint venture to buy stake in Signature Bank loan portfolio

CPPIB part of joint venture to buy stake in Signature Bank loan portfolio
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Blackstone, Canada Pension Plan in $1 2 Billion Joint Venture With FDIC

Two units of Blackstone Real Estate Debt Strategies, Blackstone Real Estate Income Trust, Canada Pension Plan Investment Board and funds affiliated with…

Blackstone, CPPIB Take $1 2 Billion Stake in Signature Bank Deal

(Bloomberg) A joint venture that includes Blackstone Inc. and Canada Pension Plan Investment Board has won a stake in a nearly $17 billion portfolio of commercial-property loans from the failed Signature Bank. Most Read from BloombergRange Rovers Become Thief-Magnets, Causing Prices to TumbleOwner of the Philippines’ Largest Malls Says China Feud May Hurt BusinessesCiti Shuts Muni Business That Once Was Envy of RivalsUS Approves New Kind of Nuclear Reactor for First Time in 50 YearsEU Fails t

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