Enstar adds Sixth Street to shareholder roll as CPPIB sells additional tranche
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Enstar adds Sixth Street to shareholder roll as CPPIB sells additional tranche

Adam McNestrie
November 10, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
enstar_logo_bermuda_2021.png

Alternative investment manager Sixth Street has agreed to buy $183mn of Enstar stock from Canadian pension firm CPPIB, making it a top-10 shareholder in the run-off acquirer.

The investment comes fast on the heels of a separate $191mn share buyback from Enstar that reduced CPPIB’s stake and trimmed Stone Point’s holding to keep it below a 10% regulatory threshold.

CPPIB’s

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsEnstar
adam mcnestrie/adam mcnestrie ii us.png
Adam McNestrie
Editor-at-Large
Contact
Gift this article