At the end of 2016, HOOPP had $5.3 billion invested, with a further $4.7 billion committed to private investments. The invested portfolio generated a currency-hedged return of 15.0% for the year, exceeding its benchmark by $445 million. The portfolio has increased by over $3 billion in the past few years and now includes credit and structured investments with lower risk/return attributes.
The CAD 70 billion Canadian pension plan has a 9 percent allocation to alternatives including private debt.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.