CPPIB Plows At Least $5 Billion Into Private Equity in Three Months
- Pension reaches C$700 billion milestone earlier than expected
- The fund gained 3.8% in the three months ended Dec. 31
Photographer: Jeenah Moon/Bloomberg
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Canada Pension Plan Investment Board poured at least $5 billion into private equity in the last three months of 2024 as the asset class regained appeal.
The pension fund made 26 transactions in private equity — most of which were co-investments or fund commitments — in the fiscal quarter ended Dec. 31, according to Bloomberg calculations. Some investment sizes weren’t disclosed, and the fund announced no exits during the same period.