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CPP Investments' CEO Discusses Fiscal Year 2024 Results

Pension Pulse

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.

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Transcript: David Layton

The Big Picture

And we looked more like an industrial conglomerate than — RITHOLTZ: That’s where I was going to go. LAYTON: — like a private equity firm. And that comes from having our capital invested alongside theirs, and having very strict requirements for performance before we get paid performance fees.

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