CPP Investment Board Invests in Paul Capital Partners VIII

On April 2, 2004, CPP Investment Board committed US$100 million to Paul Capital Partners VIII, LP, a San Francisco and New York-based fund of funds that invests in private equity funds in secondary transactions. The Fund held its first closing on April 2, 2004 and is expected to raise a total of US$950 million.

CPPIB was represented by Torys, with a team of Peter Ballantyne and Janet Howard in Toronto, and Peter Keenan and Amy Johnson-Spina in New York.

Paul Capital Partners was represented by Cooley Godward, with a team that included Craig Dauchy, John Dado, Kirk Dizon and Jordan Silber.