Canada Pension Plan Investment Board, a pension fund agreed to acquire a minority stake in Universal Investment, a provider of investment management services, from Montagu Private, a European private equity firm. Financial terms were not disclosed. “Our development into one of the fastest growing European fund service platforms was a decisive factor for CPP Investments to invest. Backed by the great partnership with Montagu we have leveraged our full potential and have become one of the few players active in Germany, Ireland and Luxembourg, offering not only ManCo services but also fund administration and distribution services. We are delighted to welcome CPP Investments and with both investors by our side, we are excited to take on a more global perspective for the business," Michael Reinhard, Universal Investment CEO.