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

JUNE 13, 2023

Private equity at the time was only about buyout and LBO. So when we started this strategy in 1718, and started allocating capital, investing in entrepreneurs who had a solution, that had to be massified. Great opportunity for us. And I think this is where the industry should be heading.

Banks 59

Banks Asset Management Assets Capital 59

The Big Picture

FEBRUARY 28, 2023

They’re the largest listed buyout firm in Europe. They have a very thoughtful approach and a very long-term approach to making investments in the private markets. He is the chief executive officer of the Partners Group, which is Europe’s biggest listed private equity and buyout firm, with a market cap of about $25 billion.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59