Asset Allocation
CPPIB Loses 4.2% in First Quarter of Fiscal Year 2023
Canadian pension giant’s net assets fall C$16 billion to C$523 billion.
Tag: CPPIB
Asset Allocation
Canadian Pension Giant Makes Its First Foray Into Colombian Private Equity
The CPPIB invests $334 million for close to a 20% stake in food retailer D1.
Artwork, Anybody? The Case for Investing in Offbeat Alts
Alternative alternatives, such as lawsuit funding and pro sports, redefine non-correlated assets.
Asset Allocation
There’s a Better Way to Run Investment Teams, CPPIB Says
Silos must be axed to enhance communication, argues strategist Rubin.
Newsmakers
CPPIB Reports 6.8% Net Returns
The fund also highlighted some of its largest individual investments over the past fiscal year.
The Woebegone Office Sector’s Bright Spot: Class A Buildings
What work-from-home problem? The sparkling new properties are in demand.
Asset Allocation
Canada’s Largest Pension Fund Launches Real Estate JVs in U.S., India
CPPIB will invest nearly $1 billion in partnership with Lennar subsidiary LMC in the U.S,. and more than $350 million in India with RMZ Corp.
Newsmakers
CPPIB Targets Net-Zero by 2050
The $433.6 billion pension giant plans to nearly double its green and transition investments to over $100 billion by 2030.
Manager Selection
Canada’s CPPIB Taps Deborah Orida as Its First Chief Sustainability Officer
The pension fund’s Sustainable Investing group will be moved to the Real Assets department.
Newsmakers
CPPIB Loses International Head, Acquires US Marine Terminal
Alain Carrier leaves the Canadian pension giant after 14 years to lead private equity firm Bregal Investments.
One Big Reason Canadian Plans Are So Well Off: International Investing
Their overseas exposure is expanding, while US funds stay mostly at home.
Corporate Moves
Investment Management Corp. of Ontario Taps Rossitsa Stoyanova as CIO
The current head of portfolio design and construction at CPPIB will oversee nearly $60 billion in assets.
Pensions
CPPIB, Greystar to Form Joint Venture in US Life Sciences Development
The two investors are starting with an office and lab development project in Somerville, Massachusetts.
Market Moves
CPPIB, Alberta Plan Invest Nearly $2 Billion in BAI Communications
The Canadian allocators are deepening commitments into the firm just as it’s expanding its 5G rollout capabilities in the US and UK.
Corporate Moves
Mark Machin Joins the Board of Singapore VC Firm Serendipity Capital
The former head of CPPIB finished up his final day at the pension fund last week.