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CPP Investments' CEO Discusses Fiscal Year 2024 Results

Pension Pulse

Ian Bickis of The Canadian Press reports CPP Investments earned 8 per cent in latest fiscal year, net assets rose to $632 billion: Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 Management fees decreased by $10 million, remaining broadly in line with the prior year.

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A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

In private credit, tightening credit conditions resulting from a handful of bank failures and rescues in the United States have opened up opportunities for non-bank players like pension funds, he said. Management fees increased by $165 million, due to an increase in average assets managed by external fund managers.

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Transcript: Mathieu Chabran

The Big Picture

Private debt, private credit was unheard of in Europe until the banks effectively went into this massive liquidity squeeze and all those asset managers had to step in and fill this void. Private equity at the time was only about buyout and LBO. Great opportunity for us. And I think this is where the industry should be heading.

Banks 59
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Pension funds push for greater transparency on PE fees and returns

Private Equity Wire

Pension funds are calling for more transparency from private equity firms, seeking clearer and standardised reporting on fees and returns, in new guidelines published by the Institutional Limited Partners Association (ILPA), according to a report by the Wall Street Journal.

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Private equity targets expansion in $12.5tn workplace retirement market

Private Equity Insights

Higher fees, including both management and performance charges, also deter employers from integrating such options into their retirement plans. While ETFs typically charge around 0.51% in fees, private equity firms often collect 2% in management fees and 20% of profits. Can`t stop reading?