Read about the activities of CPPIB, from our inception to the present.
Feb 14, 2014
TORONTO, ON (February 14, 2014): The CPP Fund ended the third quarter of its 2014 fiscal year on December 31, 2013 with net assets of $201.5 billion, compared to $192.8 billion at the end of the previous quarter. The $8.7 billion increase in assets for the quarter comprised $11.1 billion in net investment income, after operating costs, less $2.4 billion of cash outflows. The CPP Fund routinely receives more CPP contributions than are required to pay benefits during the first part of the calendar year and then remits a portion of those funds for benefit payments in the latter part of the year. The portfolio delivered a gross investment return of 5.9% for the quarter.
Feb 06, 2014
TORONTO, ON (February 6, 2014): Mark Wiseman, President & Chief Executive Officer, Canada Pension Plan Investment Board (CPPIB), is pleased to announce the appointment of Ed Cass to the position of Senior Vice-President & Chief Investment Strategist and a member of the Senior Management Team, effective as from April 1st.
Jan 31, 2014
Toronto, Canada (January 31, 2014) – Canada Pension Plan Investment Board (CPPIB) announced today that it will acquire a 10.4% equity stake in Transportadora de Gas del Perú S.A. (TgP) from Graña y Montero (GyM), the largest engineering and construction company in Peru, for a consideration of US$200 million.
Feb 12, 2014
Toronto, Canada/Mumbai, India (February 12, 2014): CPPIB Credit Investments Inc., a wholly-owned subsidiary of Canada Pension Plan Investment Board (CPPIB), and Piramal Enterprises Limited (PEL), one of India’s largest diversified companies, announced today a strategic alliance for providing rupee debt financing to residential projects across India’s major urban centres. CPPIB and PEL have each initially committed US$250 million for this purpose. Indiareit Fund Advisors (Indiareit), the real estate fund management arm of PEL, has been appointed as advisor.
Feb 05, 2014
Toronto, Canada/São Paulo, Brazil (February 5, 2014): Canada Pension Plan Investment Board (CPPIB) announced today the opening of an office in São Paulo to focus on investment opportunities in Latin America. This new office will expand CPPIB’s global reach and enhance its strategy to build a diversified investment portfolio in order to help support retirement security for generations of Canadians.
Jan 08, 2014
Toronto, ON (January 8, 2014): Canada Pension Plan Investment Board (CPPIB) announced today that Donald M. Raymond, Senior Vice-President & Chief Investment Strategist, has resigned from his position at CPPIB effective March 31, 2014 to assume a leadership role with Alignvest Management Corporation.