Canada's largest pension fund and California's Redwood Trust Inc. agreed to a US$750 million partnership to invest in the American residential mortgage market in a deal that could see the Canada Pension Plan Investment Board own a piece of the company listed on the New York Stock Exchange.
Canada’s Largest Pension Fund Forms US$750 Million Partnership With California’s Redwood Trust
Deal Could See Retirement Savings Entity With Equity Stake in NYSE-Listed Company
By Garry Marr
CoStar NewsMarch 20, 2024 | 9:58 P.M.
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