The $600 million program will provide energy efficiency, along with senior bridge and construction financing across the U.S.
GPIF’s domestic and foreign equity investments earned more than 40% each for the fiscal year that ended March 31.
During the firm’s investor day, CEO Mark Rowan laid out plans to achieve $1.5 trillion in managed assets, which include leaning into demand for private credit and retirement products.
The fund announced senior appointments to its New York office as part of plans to double its U.S. staff.