text: Last week, CPPIB also purchased a stake in Apax Europe VII from SLEPET, a listed private equity fund of funds managed by SL.
  BC European Capital VIII launched in 2005 and raised €5.88 billion, according to PEI data. Fund VIII LPs include CalSTRS, the Columbia University endowment and Liberty Mutual Insurance Company.
  The fund had a similar investment strategy to its predecessor and is partially liquidated. Portfolio companies include electronic publisher Bureau Van Dijk, which was exited in 2011, and healthcare cost management company Multiplan, which was sold in February of this year. BC Fund VIII still owns a minority position in UK real estate agent Foxtons.
  CPPIB has been extremely active in secondaries this year. In July, head of secondaries and co-investments Yann Robard revealed the non-traditional buyer plans to invest $10 billion in the market during the next five years.