Thursday, 27 October 2016
Last updated 3 min ago
May 14 2007 | 10:16am ET
Teachers’ Private Capital is expanding its operations outside of Canada. The private equity. unit of the C$106 billion (US$95.5 billion) Ontario Teachers’ Pension Plan has opened a London, U.K., office, which will be headed by director Andrew Claerhout.
“Our London office enables us to scout direct private equity investments as well as partnership commitment opportunities,” said Jim Leech, senior vice-president, Teachers' Private Capital. “The office will also give Teachers’ better access to our portfolio companies. Although we initially invested only as a minority shareholder with partners, as the fund has grown, we have moved to assume larger positions.”
Teachers Private Capital invests directly or with partners in private equity and mezzanine debt transactions.