CPP Investments
Canadian pension fund manager / From Wikipedia, the free encyclopedia
The Canada Pension Plan Investment Board (CPPIB; French: Office d'investissement du régime de pensions du Canada), operating as CPP Investments (French: Investissements RPC), is a Canadian Crown corporation established by way of the 1997 Canada Pension Plan Investment Board Act to oversee and invest the funds contributed to and held by the Canada Pension Plan (CPP).
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CPP Investments | |
Company type | Crown corporation |
Industry | Asset management |
Founded | December 31, 1997; 26 years ago (1997-12-31) |
Headquarters | 1 Queen Street East, Suite 2500, , Canada |
Key people | Heather Munroe-Blum (chairperson) John Graham (CEO)[1] |
AUM | C$632.3 Billion (March 2024)[2] |
Owner | Government of Canada |
Website | www |
CPP Investments is one of the world's largest investors in private equity, having invested over US$28.1 billion between 2010 and 2014 alone.[3] Despite being a Crown corporation, CPPIB is not considered a sovereign wealth fund because it operates at arm's length from the Government of Canada and solely manages CPP contributions paid by workers and employers, not public funds.[4][5][6]
As of March 31, 2024, the CPP Investment Board manages over C$ 632 billion in assets under management for the Canada Pension Plan on behalf of 22 million Canadians.[2][7][8]