CPPIB commits additional $330 million to private equity

This investment is in addition to CPPIB’s $70-million commitment in 2014 to the Northleaf Venture Catalyst Fund. Since 2005, CPPIB has committed $1.2 billion to Canadian private equity investments through its partnership with Northleaf.

Read: PE market remains strong

The investment objective of this additional mandate is to focus on Canadian small and mid-market buyout and growth equity funds that are seeking to raise $1 billion or less in capital commitments.

“By expanding our successful Canadian fund of funds program, CPPIB can effectively access the Canadian private equity market,” says Jim Fasano, managing director, head of funds, secondaries and co-investments, with CPPIB.

CPPIB is one of the largest and most active investors in Canadian private equity and venture capital with about $4.1 billion in commitments to Canadian fund managers and an active direct private equity investment strategy for the Canadian market.

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