CDPQ backs Avison Young growth with $250m investment

By Guy Montague-Jones2018-07-20T07:39:00

Caisse de dépôt et placement du Québec (CDPQ) has made a $250m investment to accelerate Avison Young’s growth plans.

The money will be used help fund new acquisitions and recruit key professionals. It will also be used to re-purchase shares held by private equity backer Parallel49, previously known as Tricor Pacific Capital, as well as shares held by former Avison Young principals and founders.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Try Property Week For Free to finish this article.

Unlimited access to Property Week
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue