Canson raises $100m to invest in Thomson Reuters buyout

The vehicle will be used to co-invest in Blackstone's $20bn buyout of the Financial and Risk division of Thomson Reuters, which has been rebranded as Refinitiv.

Canson acted as an adviser to Blackstone on the deal, which was agreed in January, and said that the co-investment vehicle was 30% oversubscribed.

The fund included a commitment from Canson as well as a mix of institutional investors, family offices and high-net-worth individuals.

Debevoise & Plimpton acted as legal counsel for the formation of the vehicle, which is registered in Luxembourg as Canson Capital Partners (York) Co-Investment, SCSp.

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• Topics
• Funds
• Buyout
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• Blackstone Group