Canadian pension fund plans more buyouts


MONTREAL: Ontario Teachers' Pension Plan, the retirement fund manager leading the takeover of BCE Inc, is preparing to make more acquisitions even as investors begin to balk at funding leveraged buyouts. 

“There are signs out there that would suggest we are nearing the top of the market in private equity,'' Ontario Teachers senior vice-president Jim Leech said in a telephone interview. “Clearly, big movements in interest rates could make everything come crashing down, but I don't see that happening this year.'' 

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