Canadian fund manager invests $400m in Hyperion
Global insurance group Hyperion has agreed a $400m (£297m) investment with Quebec pension fund investment manager CDPQ (Caisse de depot et placement du Quebec).
CDPQ will obtain between 25% to 30% in the group, and the money will be used to provide new growth equity in addition to liquidity to existing shareholders.
In addition Hyperion is launching a debt
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