The Big Picture

JUNE 13, 2023

So when we started this strategy in 1718, and started allocating capital, investing in entrepreneurs who had a solution, that had to be massified. We were lucky enough to have Temasek backing us as early as 2016. And I think this is where the industry should be heading. They’ve been a great partner ever since.

Banks 59

Banks Asset Management Assets Capital 59

Pension Pulse

MAY 22, 2024

billion of net income, CPP Investments directly and indirectly incurred $1,617 million of operating expenses, $1,449 million in investment management fees and $2,067 million in performance fees paid to external managers, as well as $427 million of transaction-related expenses. To generate $46.4 bps in fiscal 2023.

Investing 59

Investing Pension Funds Stakes Assets 59

Pension Pulse

MAY 24, 2023

Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. Performance fees decreased by $621 million driven by fewer realization events in the private equity portfolio given the low transaction activity through the year, partially offset by strong performance of hedge funds.

Investing 52

Investing Stakes Pension Funds Assets 52

The Big Picture

FEBRUARY 28, 2023

We had a group that was doing small growth capital investments in Germany and Switzerland at that time, a fund doing secondaries. We were really transitioning from, back then, outsourcing a lot of the investment content that we had done with other managers, to bring a lot of that in-house. We win when our clients win.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59