* Teachers’ oversees around $114 billion in assets
* Western pension plans seek more direct investments in Asia to boost profits
* Teachers’ has invested in Kyobo Life and Sydney Desalination plant this yr
By Stephen Aldred and Prakash Chakravarti
HONG KONG, July 9 (Reuters) – Ontario Teachers’ Pension Fund and private equity fund Unitas Capital have teamed up for a potential joint bid for Singapore-based Infastech, one of the world’s biggest makers of industrial fasteners, in a deal worth over $750 million, said two sources with knowledge of the matter.
Infastech, owned by CVC Capital Partners and Standard Chartered’s private equity arm, supplies to clients in more than 150 countries. The funds are now selling the maker of mechanical fasteners used in cars and planes after acquiring it for about (…)
via UPDATE 1-Ontario Teachers, Unitas team up for Infastech bid-sources | Reuters.