For Canadian pension giant BCI, continuation vehicles and other types of capital solutions investments have become an increasingly important part of its private equity strategy.

With a dedicated capital solutions programme launched in May, the C$314 billion ($221 billion; €194 billion) system has been providing flexible capital across structured equity, GP solutions and strategic opportunities, with a focus on preferred equity, CVs, recapitalisations and minority stakes, according to a statement on BCI’s website.