Public and private assets helped the pension fund swing from a loss one year earlier to raise its asset value to $471.5 billion.
The pension giant also sold a buyout fund portfolio for C$2 billion and German wind assets for C$374 million.
Jhooty will lead the team responsible for implementing the C$575 billion pension fund’s investment framework.
Despite the investment loss, net transfers helped raise the Canadian pension giant’s asset value to C$575 billion.
Canadian pension giant outperforms benchmark by 120 basis points to raise asset value to C$570 billion.
Canadian pension giant’s net assets fall C$16 billion to C$523 billion.
The former head of CPPIB finished up his final day at the pension fund last week.
Shane Feeney will oversee the secondaries program at the Toronto-based private markets investment firm.