CPP Investments Confirms Investment in JTC plc Following Successful Shareholder and Regulatory Approvals

LONDON, Sept. 1, 2026 /CNW/ -- Canada Pension Plan Investment Board ("CPP Investments") alongside global private equity firm Permira, today announced the completion of their previously announced offer to acquire JTC plc ("JTC" or "the Company"), a leading provider of fund, corporate, and private capital administration services headquartered in Jersey.

The acquisition follows the successful shareholder vote at the JTC Court and General Meetings, at which shareholders approved the recommended cash offer and related Scheme of Arrangement. All regulatory approvals have now been received.

JTC is a global provider of high-quality outsourced administration services to fund managers, corporates, and private clients. The Company has delivered over a decade of consistent double-digit organic growth supported by strong client retention, diversified service lines, and a global operating footprint.

"JTC is a high-quality, mission-critical platform operating at the heart of global capital flows. Its consistent organic growth, long-tenured client relationships, and strategic positioning across fund, corporate, and private client services make it an exceptional fit for our long-term investment approach," said Sam Blaichman, Managing Director and Head of Direct Private Equity at CPP Investments. "We are pleased that shareholders have supported the transaction, and we look forward to partnering with Permira and the JTC management team to support the Company's next phase of growth while delivering attractive risk-adjusted returns for CPP contributors and beneficiaries."

CPP Investments' investment in JTC provides exposure to a resilient and fast-growing sector driven by

increasing complexity in financial and regulatory environments; sustained growth in alternative asset classes; and strong secular demand for specialist outsourced administration, particularly in the private trust and fund administration markets.

CPP Investments will invest approximately GBP350 million / C$660 million for an ownership stake of approximately 20%, partnering alongside Permira, which will assume majority control.

About CPP Investments
Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that manages the Canada Pension Plan Fund in the best interest of the more than 22 million contributors and beneficiaries. In order to build diversified portfolios of assets, we make investments around the world in public equities, private equities, real estate, infrastructure, fixed income and alternative strategies including in partnership with funds. Headquartered in Toronto, with offices in Hong Kong, London, Mumbai, New York City, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm's length from governments. At June 30, 2026, the Fund totalled C$863.6 billion. For more information, please visit www.cppinvestments.com or follow us on LinkedIn, Instagram or on X @CPPInvestments.

SOURCE Canada Pension Plan Investment Board

For more information: Steve McCool, Public Affairs & Communications, [email protected], [phone]