Pension Funds

CPP Investments sells 20 LP fund interests to Ardian

Ted Liu

Ardian acquired a US $2.1B portfolio of limited partnership interests in 20 private equity funds from CPP Investments.

CDPQ to double commitments to Québec external managers to up to $8B

CPE News

Caisse de dépôt et placement du Québec (CDPQ) aims to more than double the size of its assets entrusted to Québec external managers to as much as $8B by 2028.

CPP Investments commits additional $200M to Northleaf PE fund

CPE News

CPP Investments committed $200M to an evergreen Canadian mid-market mandate managed by Northleaf Capital Partners, bringing total Canadian private equity investments managed by Northleaf to $2.4B

AIMCo expands global presence in opening Singapore office

CPE News

The Alberta Investment Management Corporation (AIMCo) opened Singapore office led by Kevin Bong, AIMCo's Senior Managing Director, Chief Investment Strategist and Head of Singapore.

CPP Investments reports $7B increase in net assets for Q3

CPE News

CPP Investments reported Q3 ended on Dec 31, 2022, net assets of $536B, $7B increase from Q2 ($10B in net income less $3B in net CPP outflows). For 9-month fiscal year-to-date period, the fund report $3B decline, consisting of a decline in net assets of $12B, plus $9B in net CPP contributions.

Ontario Teachers’ opens Mumbai office, 3rd in Asia-Pacific

CPE News

Ontario Teachers' Pension Plan opened new office in Mumbai, India, its 6th global office and 3rd in the Asia-Pacific region. Deepak Dara appointed Senior Managing Director and Head of India, reporting Ben Chan, Executive Managing Director and Head of Asia-Pacific.

CDPQ reports -7.9% return and $33.6B investment loss for first 6 months of 2022

CPE News

Caisse de dépôt et placement du Québec (CDPQ) generated an average return of -7.9% for first six months of 2022, "significantly above its benchmark portfolio's return of -10.5%", reported $33.6B in net investment loss.

Ontario Teachers’ reports 1.2% net return for first half of 2022

CPE News

Ontario Teachers' Pension Plan Board reported a total-fund net return of 1.2% for 6-month period ended June 30, 2022, 8.3% for 12-month. Net assets grew to $242.5B but no breakdown in terms of contributions and investment portfolio net gains.

CPP Investments reports $23B net loss and negative 4.2% net returns in Q1

CPE News

CPP Investments reported Q1 fiscal 2023 (6/30/2022) with net assets of $523B, net loss of $23B and resilient negative net returns of 4.2% (compared to performance of global markets), US $50M anchor commitment to Radical Ventures III.

Ontario Teachers’ rebrands venture investment platform as Teachers’ Venture Growth (TVG)

CPE News

Ontario Teachers' Pension Plan Board rebranded late venture capital and growth equity investment platform as Teachers' Venture Growth (TVG) as one of five listing investment platforms while Teachers Private Capital relegated to under Equities platform.

Ontario Teachers’ reports 2021 11.1% net return driven by private equity and natural resources

CPE News

Ontario Teachers' Pension Plan Board reported a one-year total-fund net return of 11.1% for year ended Dec 31, 2021, exceeding benchmark of 8.8%, driven by Private Equity (29.0%) and Natural resources (28.1%) which exceeding respective benchmarks of 17.5% and 24.1%.

CPP Investments reports active Q3 private capital investment activities

CPE News

CPP Investments reported net assets of $550.4B (Q3 ended on 12/31/2021), up from $541.5B at end of previous quarter. Strong gains from Real Estate and Private Equity with active Q3 direct venture capital, private equity investments and fund commitments

UBC IMANT commits $110M to Sustainable Strategy managed by Impax

CPE News

UBC Investment Management Trust committed $110 million to sustainable equity investment strategy managed by Impax Asset Management, a specialist asset manager focusing on sustainable global economy

CPP Investments forms Renewable Power Capital headed by Bob Psaradellis

CPE News

CPP Investments formed Renewable Power Capital Limited, a majority owned and independent pan-European renewable energy investment platform led by CEO Bob Psaradellis and Chair Shaun Kingsbury.

CDPQ forms $250M diversity and inclusion fund Equity 25³

CPE News

Caisse de dépôt et placement du Québec (CDPQ) created Equity 25³ (25% of 3 - women, visible minorities, Indigenous peoples), a $250M investment fund aimed at increasing diversity and inclusion in growing SMEs in Québec and Canada.

CDPQ allocates $4B to support Quebec companies impacted by COVID-19

CPE News

Caisse de dépôt et placement du Québec (CDPQ) is allocating $4B funding to support Québec companies temporarily impacted by COVID-19.

CDPQ and Piramal form 75/25 US $300M private credit platform

Ted Liu

Caisse de dépôt et placement du Québec (CDPQ) and Piramal launched US $300 million private credit platform with 75-25 funding commitments

CPDQ committs additional $50M to Quebec seed funds

CPE News

Caisse de dépôt et placement du Québec (CDPQ) committed additional $50M to Quebec seed funds, with FoF manager Teralys Capital managing the mandate

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