skip content
Loading indicator

Language switcher

Our story

cpp241 Ctc Hero Fisherwoman

Our Story

CPP Investments was created by an Act of Parliament in 1997 to invest and grow the Canada Pension Plan (CPP) Fund to help build a foundation for Canadians’ retirement security.

After an initial transfer of $12.1 million from the CPP, we began investing in publicly traded stocks in 1999.

We made our first private market investment in 2001. A year later, CPP Investments’ governance model was recognized by the World Bank as an example for others to follow.

In 2006, the CPP Fund had more than $100 billion in assets and about 100 employees in our Toronto headquarters. That same year, we introduced our internal active management program for public equities and expanded our principal investing activities in private equities, infrastructure and real estate.

The shift to active management began a period of significant growth. We opened offices in London and Hong Kong in 2008.

Global Offices

We opened six more offices between 2014 and 2020: New York, São Paulo, Luxembourg, Mumbai, Sydney and San Francisco.



Billion as of March 31, 2024


Of total assets as of March 31, 2024

Toronto Office

Our global head office houses employees from all our investment departments and investment support functions.

shutterstock 1148508950 Edited

United States


Billion as of March 31, 2024


Of total assets as of March 31, 2024

New York Office

Our midtown Manhattan office keeps our team near the deal flow in this financial capital.

San Francisco Office

Our newest international office gives us an important local presence in the world’s largest innovation hub and fifth largest global economy.

shutterstock 599342573 Edited

Latin America


Billion as of March 31, 2024


Of total assets as of March 31, 2024

São Paulo Office

Our São Paulo office is the centre of our operations across Latin America.

shutterstock 107453207 Edited



Billion as of March 31, 2024


Of total assets as of March 31, 2024

London Office

One of our longest-standing offices, the London team stays close to the compelling European investment opportunities that align with our long-term investment horizon.

Luxembourg Office

Our Luxembourg office supports our growing portfolio of assets across continental Europe.

shutterstock 1179362497 Edited

Asia Pacific


Billion as of March 31, 2024


Of total assets as of March 31, 2024

Hong Kong Office

The first office we opened outside of Toronto, Hong Kong serves as the centre for our Asia Pacific operations.

Mumbai Office

Our growing Mumbai office allows us to leverage local expertise in a diversified market and build important partnerships in a growing economy.

Sydney Office

Our team in Sydney provides an important regional presence that helps us source and manage investments in a dynamic and diverse Australian market that is rich with opportunities.

shutterstock 1154292976 Edited

The Fund continued to grow – to $300 billion in 2016.

With a belief that increasing diversity leads to better performance, in the 2017 proxy voting season, we leveraged our votes at the shareholder meetings of 45 Canadian companies with no women directors. A year later, nearly half of those companies had added a female director.

We were the first pension fund to offer a Green Bond in 2018 – ensuring we keep pace with the world’s transition to a lower-carbon economy.

2024 marks a significant milestone as the CP Fund has surpassed $600 billion – growing by $62.3 billion since last year to $632.3 billion, several years ahead of initial expectations

Sustainability of the CPP

The most recent triennial report by the Chief Actuary of Canada indicated that the CPP is sustainable over a 75-year projection period

gray boxProjected Assets
blue boxActual Assets

$ Billions, As at December 31

In 2022, CPP Investments announced its plan to commit both our portfolio and operations to being net zero of greenhouse gas emissions by 2050.

“The sustainability of the Canada Pension Plan Fund has been protected and reinforced by CPP Investments for over two decades. Our long-term perspective, effective risk management and commitment to good governance help ensure the Fund is strong and resilient, and that the future value of your benefits remains solid.”

– John Graham, President and CEO, CPP Investments

Privacy Preferences
When you visit our website, it may store information through your browser from specific services, usually in form of cookies. Here you can change your privacy preferences. Please note that blocking some types of cookies may impact your experience on our website and the services we offer.