Graham Winfrey
The largest-ever LBO, backed by KKR and TPG, has succumbed to its $40bn debt load.
The Toronto-based firm raised C$154m on a C$90m target.
The firm has sealed roughly a dozen private equity realisations across six different funds in 2014.
The firm has made more than 10 investments from its debut fund that closed in February.
The Los Angeles-based firm expects to raise up to $481m from its IPO.
The firm's Fund IV launched in 2012 with an $800m target and $1bn hard-cap.
CPPIB offered JW Childs investors the option of cashing out their stakes in Fund III or re-investing in a newly-created vehicle.
The firm ended the first quarter with a record $272bn under management, up 25 percent year-over-year.
The sale of Ipreo comes three years after KKR acquired the financial software company from VSS.
Jean Turmel will replace Eileen Mercier at the Canadian pension next January.