The C$18 billion ($13.8 billion) Alberta Teachers' Retirement Fund, Edmonton, and private equity manager AlpInvest Partners made structured finance investments in EagleTree Capital.
EagleTree, a New York-based private equity manager, will use the investments, along with strategic minority equity investments from London-based Misland Capital and Bullingham Capital, to increase its commitment in its new middle-market buyout fund EagleTree Partners V, according to a news release Thursday.
The amounts of investments were not disclosed.
"We are happy to be supporting EagleTree through this unique financing structure as they seek to increase their general partner commitment and further enhance alignment with investors in their funds," said Kent Kirkpatrick, the Alberta teachers' fund's co-head of private equity, in the news release. "We have enjoyed a strong relationship with EagleTree for a number of years now, and we look forward to continuing this successful partnership into the future."
Brian Mulwaka, spokesman for the Alberta teachers' fund, and Columbia Clancy, spokeswoman for EagleTree Capital, could not provide further information.
