CDPQ invests $400M in Hyperion December 4th, 2017

LONDON and MONTRÉAL, Dec. 4, 2017 /CNW Telbec/ - Hyperion Insurance Group today announced that Caisse de dépôt et placement du Québec (CDPQ), the long-term institutional investor, has agreed to acquire a significant minority stake in the Group.

CDPQ will invest more than US$400m to provide new growth equity as well as liquidity to existing shareholders. CDPQ will join Hyperion as a long-term growth partner alongside General Atlantic. Hyperion management and employees will remain the largest shareholder group.

http://www.newswire.ca/news-releases/cdpq-invests-...

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