LP profile · Pension fund
CPP Investments
CPP Investments is a pension fund headquartered in Canada (North America). Ranked #73 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- CPP Investments was established in 1997 through an Act of Parliament to professionally manage the funds of the Canada Pension Plan.
- While accountable to federal and provincial ministers, it operates at arm's length from the government with an independent board of directors.
- In 2018, the organization issued its first green bond to align with the global shift towards a lower-carbon economy.
- By 2022, the fund had grown to manage over half a trillion dollars and announced a commitment for its portfolio and operations to achieve net-zero greenhouse gas emissions.
Source of Capital
- The investor's capital is sourced from the contributions made by employees and employers to the Canada Pension Plan (CPP).
- The fund grows through both the net contributions from the CPP and the income generated from its investment activities.
Major Events
- In May 2025, the organization announced it would exit its investment in the data management company Informatica following its acquisition by Salesforce, expecting to generate C$3.7 billion in net proceeds.
- The fund has recently committed up to €460 million to expand Nido Living's student housing platform in Continental Europe.
- A joint venture was established with Mitsui & Co. to develop and operate data centers in Japan, with an initial equity allocation of approximately C$400 million from CPP Investments.
Allocation Strategy
- The organization invests globally across a wide range of asset classes, including public and private equities, real estate, infrastructure, and fixed-income instruments.
- Geographically, the fund has significantly increased its exposure to the United States, which represented 47% of its portfolio in fiscal year 2025, while investments in Canada accounted for 12%.
- The allocation strategy aims to maximize long-term investment returns without taking on undue risk, ensuring the sustainability of the Canada Pension Plan for future generations.
Sources
- https://www.cppinvestments.com/about-us/
- https://en.wikipedia.org/wiki/CPP_Investments
- https://www.cppinvestments.com/the-fund/how-we-invest/our-investment-strategy/
- https://canadianimmigrant.ca/featured/8-things-to-know-about-the-history-of-cpp-investments
- https://www.wealthprofessional.ca/news/industry-news/cpp-investments-exits-two-major-us-holdings-expects-billions-in-proceeds/389324
- https://www.cppinvestments.com/newsroom/cpp-investments-net-assets-total-714-4-billion-at-2025-fiscal-year-end/
- https://ca.finance.yahoo.com/news/cpp-funds-return-tops-9-152647548.html
- https://www.cppinvestments.com/newsroom/cpp-investments-establishes-japan-data-centre-venture-with-mitsui/
- https://www.cppinvestments.com/newsroom/?page_param=1&year_param=2025