13.02.2012 - GIC and Caisse lead race for Axa Private Equity
Caisse de depot et placement du Quebec and Government of Singapore Investment Corp. are in pole position to jointly acquire highly rated European buyout firm Axa Private Equity, according to three people with knowledge of the situation. All firms declined to comment or did not comment in time for publication. Others in the running for Axa had included Canadian asset manager Onex and U.S. buyout firm Kohlberg Kravis Roberts. Both entered first-round bids for the French buyout firm in October but later dropped out...............................................Full Article: Source
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