CPPIB private equity assets hit $14bn

Private equity now makes up 11 percent of the Canadian pension’s capital under management, which has grown to nearly $128bn. The CPPIB has narrowly bucked the loss-making trend among North American pension funds, recording a 1 percent total return on investments in the three months ended in June.

The Canada Pension Plan Investment Board’s private equity portfolio reached $14.1 billion, or 11 percent of total assets under management as of 30 June.

Private equity assets stood at $8.6 billion 12 months prior, making up 7.2 percent of assets under management. 

During the three months to June this year, CPPIB’s total assets have grown by $5 billion thanks in part to higher commodity prices and energy stocks.