Enstar adds Sixth Street to shareholder roll as CPPIB sells additional tranche
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Enstar adds Sixth Street to shareholder roll as CPPIB sells additional tranche

Adam McNestrie
November 10, 2023
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Alternative investment manager Sixth Street has agreed to buy $183mn of Enstar stock from Canadian pension firm CPPIB, making it a top-10 shareholder in the run-off acquirer.

The investment comes fast on the heels of a separate $191mn share buyback from Enstar that reduced CPPIB’s stake and trimmed Stone Point’s holding to keep it below a 10% regulatory threshold.

CPPIB’s

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