Canada Pension Plan Investment Board (CPP Investments), has made a $300 million financing investment in Gordon Brothers, an advisory and restructuring investment firm, through its subsidiary, CPPIB Credit Investments Inc.
The new financing will increase the firm’s capital base to over $1 billion and fund the growth of the firm’s capital offerings. The financing will help Gordon Brothers grow its capital offerings, which generated over $700 million in originations worldwide in 2021.
Ken Frieze, CEO of Gordon Brothers, said, “This new investment marks an important milestone in Gordon Brothers’ evolution and builds on our partnership with Stone Point Capital. We look forward to welcoming CPP Investments as we accelerate the growth of our lending, sale leasebacks and investments globally.”