Canadian Pension Fund Picks Up 39% Stake In MotoGP Co.

Law360, New York (October 26, 2012, 4:51 PM EDT) -- The Canada Pension Plan Investment Board, a pension fund giant with more than $165 billion in assets, announced Friday that it has agreed to acquire a minority stake in Madrid-based Dorna Sports SL from a European private equity firm.

CPPIB said it would invest in Dorna Sports, a Spanish integrated sports management company, in exchange for a 39 percent share in the company. The pension fund is acquiring the minority stake from Bridgepoint Capital, a U.K.-based private equity firm with roughly €11 billion (US$14.2 billion) in capital....
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