By applying our comparative advantages – scale, certainty of assets and our long investment horizon – our teams pursue the best opportunities worldwide.
Holdings
Focused on direct investments in private companies across North America and Europe.
Our Investments
Focused on private equity investments in the Asia Pacific region.
Our Investments
Our Partners
Pursuing investments in funds and minority direct investments in the Americas and Europe.
Our Investments
Our Partners
Investing in the North American, European and Latin American private equity secondary market.
Our Partners
Focused on Venture Capital fund commitments and direct co-investments across the Americas and Europe.
Our Investments
Our Partners
99¢ Only Stores
Location: United States
Investment: US$1.6 billion acquisition enterprise value
Date of investment: 2012
99 Cents Only Stores is a premier deep-discount retailer that primarily carries name-brand consumable and general merchandise. 99 Cents Only Stores has over 350 outlets in California, Texas, Arizona, and Nevada.
ADB Safegate
Location: Belgium
Date of investment: 2017
ADB Safegate is a leading provider of integrated airfield guidance solutions for airports and airlines worldwide.
Aernnova
Location: Spain
Date of investment: 2018
Aernnova is a leading supplier of aero-structures and aircraft components.
Alpha Consumer Group
Location: France
Date of investment: 2016
Alpha Consumer Care is the combination of two over-the-counter (OTC) drug manufactures, Cooper and Vemedia. Cooper is an independent French OTC drug manufacturer and distributor to over 22,000 pharmacies across France. Vemedia is a pan-European OTC player with a strong presence in the Netherlands.
Anastasia Beverly Hills
Location: United States
Date of investment: August 2018
A prestige founder-led beauty brand that specialises in products for the brows, eyes, lips and face.
Ascend Learning
Location: United States
Date of investment: 2017
Ascend Learning is a leading provider of online educational content, software and analytics solutions serving institutions, students, and employers in healthcare and other high-growth, licensure-driven professions.
Ascot Group
Location: United Kingdom
CPP Investments Ownership: 100% (incl. management)
Date of investment: 2016
Ascot Group is CPP Investments’ property & casualty insurance platform, through which CPP Investments owns Ascot Underwriting (acquired in 2016), Ascot Re, and Ethos Specialty. Ascot Underwriting is a best-in-class property and casualty insurance underwriter with global specialty origination and underwriting capabilities operating in the Lloyd’s of London market. Ascot Group also owns and operates Ascot Re, an A-rated Bermuda reinsurer, and Ethos Specialty, a U.S.-based managing general agent. Ascot is a long-term platform investment for CPP Investments.
Asurion
Location: United States
Date of investment: 2007
Asurion is the global leader in technology support and protection, partnering with leading wireless carriers, retailers and pay-TV providers to drive customer adoption, engagement and loyalty. With more devices protected and supported than any other provider, Asurion’s 16,000 global employees support its 300+ million consumers around the world with an award-winning experience delivered through products and services that have set the standard in the industry.
Axel Springer
Location: Germany
Total Investments: €500m
Date of Investment: 2019
Axel Springer is a media and technology company that is active in more than 40 countries, providing information across its diverse leading classifieds portals (StepStone Group and AVIV Group) and media brands (among others Bild, Welt, Business Insider, Politico Europe).
Berlin Packaging
Location: United States
Investment: US$500 million
Date of investment: December 2018
Berlin is a leading hybrid packaging distributor of rigid packaging products, primarily focused on the US and serving a wide range of end markets, including food and beverage, personal and pet care, chemicals and, healthcare.
BGL
Location: United Kingdom
CPP Investments Ownership: 30%
Date of Investment: 2018
BGL is the U.K.’s leading disruptive digital distribution platform for personal lines insurance and household financial services. The company operates Comparethemarket.com, the U.K.’s leading price-comparison website, as well as an Insurance Distribution & Outsourcing unit, which creates, distributes, and manages insurance policies under some of the U.K.’s most well-known brands.
Blackhawk Network Holdings
Location: United States
Date of investment: 2018
Blackhawk operates a leading physical and digital gift card and prepaid payments network, connecting brands to retail distribution locations and online channels via its gift card processing system.
Brickman
Location: United States
Date of investment: 2013
Brickman Group, Ltd. is the leading provider of landscape maintenance and snow removal services in the United States, serving a diversified base of more than 10,000 clients.
Can Art Aluminum
Location: Canada
Date of investment: 2016
Can Art Aluminum is a leading provider of aluminum extrusion products in North America. The company manufactures and sells a variety of standard and customized aluminum extrusion profiles.
Cherwell Software
Location: United States
Date of investment: 2018
Cherwell provides IT service management (ITSM) platforms to enterprises, used to enter, track and fulfill all IT requests for internal IT teams.
Cyxtera
Location: United States
Date of investment: 2017
Cyxtera is a leading provider of data center colocation, software-defined perimeter, cybersecurity and analytics solutions.
Diamond Resorts International
Location: United States
Date of investment: 2016
Diamond Resorts is a leading timeshare operator in the U.S., with an international portfolio of vacation destinations.
Diaverum
Location: Germany
Date of investment: 2007
Diaverum is one of the world’s leading providers of renal care and the largest independent service provider in Europe. Their experience in renal care dates back 20 years, when the first dialysis clinic in what is now Diaverum was established. Since then, Diaverum has been at the forefront of the renal service markets. Operations currently span 20 countries and serve a base of more than 26 000 patients.
Dorna Sports Management
Location: Spain
CPP Investments Ownership: 39%
Date of investment: 2013
Dorna is an international sports management, media and marketing company that holds the global rights to organize the FIM Road Racing World Championship Grand Prix, known as MotoGP, and the FIM World Superbikes (SBK) Championship which, together, represent the two pre-eminent motorcycle racing series in the world.
Douglas Holding AG
Location: Germany
Date of investment: 2015
Douglas is the leading specialist retailer for beauty and cosmetics products in Europe, with operations in 19 countries. The company operates under the Douglas brand across Europe (ex France) and under the Nocibé brand in France.
Dynata
Location: United States
Date of investment: 2015
Dynata is one of the world’s leading providers of first-party data contributed by consumers and business professionals.
Endeavor
Location: United States
Investment: US$400 million
Date of investment: 2017
Endeavor (formerly known as WME|IMG) is a global leader in entertainment, sports and fashion operating in more than 30 countries. Named one of Fortune’s 25 Most Important Private Companies, Endeavor specializes in talent representation and management; brand strategy, activation and licensing; media production, sales and distribution; and event management.
Epicor Software Corporation
Location: United States
Date of investment: 2016
Epicor is a leading ERP software vendor, with a focus on the mid-market, serving the manufacturing, distribution, retail and automotive industry verticals.
Ferraro Foods
Location: United States
Date of investment: 2018
Ferraro is a specialty foodservice distributor focused on the Italian restaurant segment that distributes food and disposable products in the United States.
Fieldwood Energy
Location: United States
Date of investment: 2013
Fieldwood is a Houston-based portfolio company of Riverstone Holdings LLC, and is focused on the acquisition and development of oil and gas assets in the Gulf of Mexico.
First Eagle
Location: United States
Date of investment: 2015
First Eagle is a value‐oriented, long‐only mutual fund platform focused on flexible, benchmark-agnostic, absolute return oriented investing which aims to provide clients with downside protection.
Galileo Global Education
Location: France
Date of investment: 2020
Galileo is a leading international provider of higher education with an offering that spans from applied arts, fashion, design and digital to business and medicine.
GEA Heat Exchangers
Location: Germany
Date of investment: 2014
GEA Heat Exchangers operates as a leading global manufacturer of heat exchangers for industrial applications. The business focuses on design, engineering, and manufacturing of parts integrated into larger systems and manufactures commercial HVAC systems.
GlobalLogic
Location: United States
CPP Investments Ownership: ~48%
Date of investment: 2017
GlobalLogic is a product engineering services company, assisting clients globally to build innovative digital products to enhance customer engagement, user experience and service capabilities.
Hotelbeds Group
Location: Spain
Date of investment: 2016
Hotelbeds is the largest independent business-to-business (B2B) bedbank globally, offering hotel rooms to the travel industry from its inventory of 75,000 hotels in over 180 countries, to its customer base across more than 120 source markets.
Informatica
Location: United States
Investment: US$5.3 billion transaction value
Date of investment: 2015
Informatica is the leading independent provider of enterprise data integration software and services for enterprises globally.
Inmarsat
Location: United Kingdom
Investment: US$6.0 billion transaction value (25% ownership)
Date of investment: 2019
Inmarsat is the global leader in mobile satellite communications, powering global connectivity for four decades.
The company provides governments, commercial enterprises and humanitarian organisations with mission-critical voice and high-speed data communications on land, at sea and in the air.
International Car Wash Group
Location: United Kingdom
Date of investment: 2017
Leading independent conveyor car wash operator servicing more than 30 million cars annually across Europe, the United States and Australia.
Jimmy John’s
Location: United States
Date of investment: 2016
Jimmy John’s is a leading sandwich restaurant chain in the United States.
Lytx
Location: United States
Date of initial investment: 2020
Lytx is a leading provider of video telematics, analytics, safety and productivity solutions for commercial, public sector and field services fleets.
Merlin Entertainments
Location: Poole, UK (HQ)
Total Enterprise Value: £5.9 billion
Date of Investment: November 2019
In November 2019, a consortium of long-term investors comprising KIRKBI Invest A/S (“KIRKBI”), a wholly-owned subsidiary of KIRKBI A/S, the ultimate owner of the LEGO® brand, funds managed as part of Blackstone’s long-dated “Core” private equity strategy (“Blackstone”), and Canada Pension Plan Investment Board (“CPPIB”; together, the “Consortium”) closed the take-private acquisition of Merlin Entertainments plc (“Merlin” or the “Company”)
Merlin is a global leader in location-based, family entertainment. As Europe’s number one and the second largest visitors attraction business globally, Merlin now operates over 130 attractions, 19 hotels and seven holiday villages in 25 countries and across four continents.
Moly-Cop
Location: United States
Date of investment: 2016
Moly-Cop USA LLC manufactures and distributes grinding media products for the mining sector.
MultiPlan
Location: United States
Date of investment: 2016
MultiPlan is the largest independent claims processor and secondary preferred provider organization network in the U.S. healthcare market.
Neiman Marcus Group
Location: United States
Investment: US$6.0 billion transaction value
Date of investment: 2013
Neiman Marcus is one of the largest luxury, multi-branded, omni-channel fashion retailers in the world and a leading fashion authority among luxury consumers.
Nouryon
Location: Netherlands
Date of investment: September 2018
Nouryon (formerly known as AkzoNobel Specialty Chemicals) is a leading global chemicals business serving diversified end markets.
Outsystems Holdings
Location: Portugal
Date of investment: 2018
OutSystems is a leading low-code software application development platform. Low-Code application development software is used as an alternative to traditional coding (i.e. Java, .Net, C++), designed to enable developers and business users to rapidly build and efficiently maintain sophisticated applications.
Parkdean Resorts
Location: United Kingdom
Date of investment: 2017
Parkdean Resorts is a leading operator of holiday parks in the U.K. and offers accommodations in caravans or lodges for rent or sale on the park’s respective pitches.
Paysafe Group
Location: United Kingdom
Date of investment: 2017
Paysafe Group Limited provides payment, e-wallet and processing solutions for small and medium-sized businesses and individuals across Europe, North America, and internationally.
Petco Animal Supplies, Inc.
Location: United States
Investment: US$4.6 billion transaction value
Date of investment: 2016
Petco is a leading specialty retailer of premium pet food, supplies and services, which operates more than 1,400 Petco locations across the U.S., Mexico and Puerto Rico.
Praesidiad
Location: Belgium
Date of investment: 2017
Praesidiad is a world market leader of force protection solutions, integrated perimeter security systems and industrial mesh production and fencing products.
PRO Unlimited
Location: United States
Date of investment: 2017
PRO Unlimited is a provider of vendor‐neutral, cloud‐based vendor management software (VMS) and managed services programs (MSP) for corporate contingent workforces.
Qlik
Location: United States
Date of investment: 2016
Qlik is a leading provider of next‐generation Business Intelligence software solutions for the Enterprise and SMB markets. Qlik offers products that allow business users to quickly analyze, visualize and prepare reporting data.
Red Ventures
Location: United States
Date of investment: July 2018
A technology-enabled and data-driven digital sales and marketing agency providing customer acquisition solutions to a number of large, consumer brands.
Refinitiv
Location: United States
Investment: US$20 billion acquisition enterprise value
Date of investment: September 2018
Refinitiv (formerly Thomson Reuters F&R) is a world-leading data and financial technology platform that provides critical information and data analytics, enables financial transactions, and connects communities of trading, investment, financial and corporate professionals. It also provides leading regulatory and risk management solutions to help customers anticipate and manage risk and compliance.
Solera Holdings
Location: United States
Date of investment: 2016
Solera Holdings, Inc. provides risk and asset management software and services to the automotive and property marketplace.
Sportradar
Location: Switzerland
Investment: EUR$2.1 billion acquisition enterprise value
Date of investment: October 2018
Sportradar is a global leader in understanding and leveraging the power of sports data and digital content for its clients around the world. The Company collects, processes, and distributes live sports-related data to media companies, bookmakers, sports federations and state authorities.
STADA
Location: Germany
Date of investment: 2017
STADA manufactures and markets pharmaceutical ingredients for the healthcare and pharmaceutical markets worldwide.
SUSE
Location: Germany
Date of investment: 2019
SUSE is a leading open-source software company that develops and sells infrastructure software to business customers.
Tech Data
Location: United States
Date of initial investment: 2020
Tech Data is one of the world’s largest technology distributors. It helps companies like HP, Apple, Cisco, Microsoft — and hundreds of others — bring their products to market and offers a wide range of technical and business support services.
Techem
Location: Germany
Date of investment: July 2018
A technology-enabled and data-driven digital
sales and marketing agency providing customer acquisition solutions to a number
of large, consumer brands.
Truck Hero
Location: United States
Date of investment: 2017
Track Hero designs, manufactures, and markets branded aftermarket accessories for pickup trucks and Jeeps.
Ultimate Software
Location: United States
Investment: US$11 billion Transaction
Value
Date of investment: 2019
Ultimate Software is a leading global provider of cloud-based human capital management and employee experience solutions. Ultimate’s award-winning UltiPro delivers human resources, payroll, talent, and time and labor management as well as HR service delivery solutions.
Univision
Location: United States
Date of investment: 2007
Univision is the leading Spanish-language media company in the United States. Its businesses include television, radio, music and Internet offerings.
Veeam
Location: United States
Date of investment: 2019
Veeam is the global leader in cloud data management.
VelocityEHS
Location: United States
Date of investment: 2017
VelocityEHS is a leading provider of chemicals management and environmental health & safety (EHS) software.
Visma
Location: Norway
Date of investment: 2019
Europe’s leading cloud software solutions for businesses, organisations and the public sector – designed to make people work smarter.
Vistage
Location: United States
Date of Investment: 2018
Vistage is a leading member-based executive advisory and coaching organization.
Waymo
Location: United States
Date of investment: 2020
Waymo is a leading developer of autonomous vehicle technology. Founded in 2009 as the Google Self-Driving Car Project, the company is building the world’s most experienced driver.
Waystar
Location: United States
Date of Investment: 2019
Waystar provides next-generation, cloud-based technology that simplifies and unifies the healthcare revenue cycle.
West Corporation
Location: United States
Date of investment: 2017
West Corporation is a global provider of communication and network infrastructure services.
Wilton Re
Location: United States
CPP Investments Ownership: 100% (incl. management)
Investment: US$1.8 billion
Date of investment: 2014
Wilton Re is a provider of life insurance and reinsurance solutions and a leading acquirer of closed blocks of life insurance policies in the U.S. This is a long-term platform investment for CPP Investments.
A Twosome Place
Location: Korea
Date of investment: 2018
A Twosome Place is a leading premium specialist coffee shop brand in Korea with top-of-mind brand recognition for cake and dessert offerings. Brown operates 942 directly owned and franchised stores, with 911 in Korea and 31 in China as of September 2017.
Accordia Golf
Location: Japan
Date of investment: 2017
Accordia Golf is a leading golf course operator in Japan.
Acuon Capital
Location: South Korea
Date of investment: 2019
Acuon Capital is a leading alternative lending platform in South Korea.
aiBank
Location: China
Date of investment: 2020
The first independent internet-based direct bank in China set up by CITIC Bank and an affiliate of Baidu Group.
Amcare Women’s and Children’s Spec Health
Location: China
Date of investment: January 2020
Amcare is a leading premium hospital group providing OB/GYN/Ped/IVF/postpartum care services in China. The Company is a clear leader in the premium obstetrics services in China, with ~40% market share in key cities including Beijing and Tianjin. It operates six hospitals and three postpartum care centres across Beijing, Tianjin, Hangzhou and Shenzhen, and has agreed to acquire San Diego Fertility Center (“SDFC”), a leading IVF center in California.
Atria Convergence Technologies
Location: India
Date of Investment: 2016
Atria Convergence Technologies is a leading provider of fixed-line broadband services in India.
Beijing Bytedance Technology
Location: China
Date of investment: August 2018
Bytedance is a leading internet content distribution platform in China, with growing presence overseas. The Company’s two core products are Toutiao and Douyin, the leading apps in news aggregation and short video social network, respectively (in terms of user base and daily time spent per user). Bytedance’s differentiation resides in the industry-leading artificial intelligence algorithm and its multi-format platform, which perpetuates user engagement and promotes cross-selling opportunities.
Beike
Location: China
Date of investment: December 2018 and November 2019
Beike is the leading integrated online and offline platform for housing transactions and services
Bharti Infratel Limited
Location: India
Date of investment: 2017
Bharti Infratel is India’s leading provider of telecom towers, which it deploys, owns and manages for various mobile operators.
The CPPIB-KKR Consortium will be represented in governance matters through a joint board seat.
China Merchants Loscam
Location: China
Date of investment: December 2018
China Merchants Loscam is a leading pooling and returnable packages solutions provider in Asia.
Chindex
Location: China
Date of investment: 2014
Chindex is a leading operator of premium hospitals and clinics in China.
Du Xiaoman Financial
Location: China
Date of investment: October 2018
Du Xiaoman Financial is an online consumer finance and wealth management platform carved out from China’s largest search engine provider, Baidu Group. It represents an attractive opportunity to invest into a scarce platform backed by one of China’s leading internet giants with extensive traffic, data and analytical capability.
EEO Group (ClassIn)
Location: China
Date of investment: 2020
A leading online education SaaS provider in China with its flagship product called ClassIn, the largest vertical SaaS player in the online classroom space.
Fangduoduo
Location: China
Date of investment: 2015
Fangduoduo is a leading real estate e-commerce platform that facilitates new- and secondary-home sales in China.
Happy Life Tech
Location: China
Date of investment: 2019
Happy Life Tech is a leading healthcare big data infrastructure and analytical platform in China.
HCP Global
Location: China
Date of investment: 2016
HCP Global Ltd. Is a leading cosmetic and skincare packaging provider based in China. The company designs, develops and produces packaging materials and solutions for the cosmetics and skincare industries.
Hexaware Technologies
Location: India/Cross-border
Date of investment: 2013
Hexaware is a leading global provider of IT, BPS and consulting services. The Company provides services to the financial services, healthcare, consumer, and manufacturing industries.
Homeplus
Location: South Korea
Date of investment: 2015
Homeplus is a leading operator of hypermarkets, supermarkets, and convenience stores in South Korea.
Kakao M
Location: South Korea
Date of investment: March 2020
Kakao M provides entertainment services such as music distribution, music label, live shows, content production, talent agency and talk TV.
Kuaishou Technology
Location: China
Date of investment: January 2020
Kuaishou Technology is a leading mobile short video sharing and live streaming platform in China.
McDonald’s China and Hong Kong businesses
Location: China
Date of investment: 2017
McDonald’s is one of the most well-recognized western quick service restaurant brands in China and Hong Kong, with a diversified footprint of over 3,500 stores.
Meituan-Dianping
Location: China
Date of investment: 2016
Meituan-Dianping is the largest online-to-offline local services platform in China. The company offers group buying, online restaurant reservation, take out service, e-coupon promotions, and other O2O services.
Navitas Limited
Location: Australia
Date of investment: 2019
Navitas is a global leader in university pathway programs operating across Australia, Canada and the UK.
Neusoft Medical Systems
Location: China
Date of investment: 2014
Neusoft Medical Systems is a leading digital medical imaging equipment provider in China and has successfully developed a series of medical imaging products, such as CT, MRI, X-Ray, Ultrasound and PET.
NIIT Technologies
Location: India
Date of Investment: October 2019
Knight is a leading Indian IT services company with a focus on the insurance, travel and banking verticals for clients worldwide. It offers application development and maintenance, infrastructure management services, digital capabilities and business process outsourcing.
Nord Anglia Education
Location: Hong Kong
Investment: US$1.3 billion
Date of investment: 2017
Nord Angelia Education is a leading global premium private school operator headquartered in Hong Kong. It has a network of 66 K-12 schools in 29 countries across North America, Asia, Europe, and the Middle East.
Shanghai Baosteel Gases
Location: China
Date of investment: January 2019
Shanghai Baosteel Gases is a leading domestic independent industrial gas supplier in China, operating five main business segments: pipeline and liquid gas, syngas, hydrogen, industrial exhaust recycling, and packaged gas.
Sichuan Jinxin Fertility Company Limited
Location: China/United States
Date of investment: 2019
Sichuan Jinxin Fertility Company Limited (“Jinxin Fertility”) is an international professional services organization in the field of assisted reproductive technology. Its subsidiaries include Chengdu Xinan, Shenzhen Zhongshan and US-based HRC, which are three assisted reproductive technology centers.
Sogo Medical Holdings
Location: Japan
Date of investment: January 2020
Sogo Medical is a leading Japanese publicly listed dispensing pharmacy and medical support service provider.
Shanghai Stroke Care Medical Technologies
Location: China
Date of investment: 2020
An emerging leader among domestic medical device companies in China, focusing on the development and commercialization of neuro intervention medical devices for the prevention and minimal invasive treatment of stroke.
Think & Learn Private Limited (BYJU’S)
Location: India
Date of investment: December 2018
BYJU’S is amongst the world’s leading ed-tech companies that’s driving disruption in the traditional K-12 education market with an app-based product that integrates content, media and technology. With a focus on conceptual and personalized learning, BYJU’S has created a highly respected brand in India, which has driven strong adoption, propensity to pay and high renewal rates. BYJU’S is also well placed to drive growth through unique opportunities, including expansion outside India. With ~30 million downloads and ~2 million paid users, BYJU’S is ushering in a new era of learning for school-going students.
Ticket Monster
Location: South Korea
Date of investment: 2015
Ticket Monster is a leading curation-based social commerce platform in South Korea. The company sells retail goods and services online and through its mobile app.
Yingde Gases Croup Co., Ltd.
Location: China
Date of investment: 2017
Yingde Gases Group is China’s leading independent supplier of industrial gases.
Zhangmen
Location: China
Date of investment: September 2020
Zhangmen is a leading online AST provider in China, offering multi-subject one-on-one tutoring service to K-12 students through its big data empowered technology platform.
Anchor Equity Partners
Location: South Korea
Commitment: US$600 million
Date of initial investment: 2013
Anchor Equity Partners is a mid-market, Korea-based private equity firm focused on buyout and growth opportunities. CPPIB committed US$125 million to AEP I in 2013, US$200 million to AEP II in 2015 and US$275 million to AEP III in 2018.
Archer Capital
Location: Australia
Commitment: A$116 million
Date of initial investment: 2011
Archer Capital is a mid-market, Australia-based private equity firm focused on buyout opportunities. CPPIB committed A$116 million to Archer Fund 5 in 2011.
Baring Asia Private Equity
Location: Asia
Commitment: US$935 million
Date of initial investment: 2010
Baring Asia Private Equity is a mid-market, pan-Asian private equity firm focused on buyout and growth opportunities. CPPIB committed US$100 million to Baring Asia Fund V in 2010, US$335 million to Baring Asia Fund VI in 2014 and US$500 million to Baring Asia Fund VII in 2018.
Bain Capital
Location: Global
Total Investment: €350 million; US$250 million
Date of initial investment: 2014
Bain Capital is a global private equity firm focused on buyout opportunities. CPPIB committed €175 million to Bain Capital Europe IV in 2014, US$250 million to Bain Capital Fund XII in 2017 and €175 million to Bain Capital Europe V in 2018 .
BGH Capital
Location: Australia
Commitment: A$200 million
Date of initial investment: 2018
BGH Capital is an Australia-based private equity firm focused on control transactions. CPPIB committed A$200 million to BGH Capital Fund I in 2018.
CDH
Location: China
Commitment: US$350 million
Date of initial investment: 2009
CDH is a mid-market, China-based private equity firm focused on buyout and growth opportunities. CPPIB committed US$150 million to CDH IV in 2009 and US$200 million to CDH V in 2013.
CITIC Capital Partners
Location: China
Commitment: US$660 million
Date of initial investment: 2007
CITIC Capital Partners is a mid-market, China-based alternative investment manager with its core business in private equity. CPPIB committed US$50 million to CITIC Capital China Partners I in 2007 and US$175 million to CITIC Capital China Partners II in 2009, US$175 million to CITIC Capital China Partners III in 2016 and US$260 million to CITIC Capital China Partners IV in 2018.
CVC Capital Partners
Location: Global
Commitment: US$535 million
Date of initial investment: 2014
CVC Capital Partners is a large, global private equity firm focused on buyout opportunities. CPPIB committed US$260 million to CVC Asia Pacific IV in 2014, and US$275 million to CVC Asia Pacific V in 2019.
DST Global
Location: Global
Commitment: US$325 million
Date of initial investment: 2015
DST Global is a global investment firm focused on late-stage consumer internet companies. CPPIB committed US$225 million to DST Global V and US$100 million to a co-investment side-car alongside DST Global V in 2015.
FountainVest
Location: China
Commitment: RMB 5.6 billion and USD$400 million
Date of initial investment: 2007
FountainVest is a mid-market, China-based private equity firm focused on buyout and growth opportunities. CPP Investments committed RMB 1.5 billion to FountainVest I in 2007, RMB 1.8 billion to FountainVest II in 2012, RMB 2.3 billion to FountainVest III in 2016, and USD$400 million to FountainVest IV in 2020.
Genesis Capital
Location: China
Commitment: US$100 million
Date of initial investment: 2019
Founded in 2015, Genesis Capital focuses on early stage growth/VC investments in China. The firm is led by Richard Peng, the former head of Tencent’s investment team. CPPIB committed US$100 million to Genesis Capital II in 2019.
Hony Capital
Location: China
Commitment: US$275 million
Date of initial investment: 2008
Hony Capital is a mid-market, China-based private equity firm focused on buyout and growth opportunities. CPPIB committed US$75 million to Hony IV in 2008 and US$200 million to Hony V in 2011.
Hopu Investments
Location: China
Commitment: US$150 million
Date of investment: 2014
Hopu Investments is a mid-market, China-based private equity firm focused on buyout and growth opportunities. CPPIB committed US$150 million to Hopu USD Master Fund II in 2014.
Hillhouse
Location: China
Commitment: US$1.3 billion
Date of investment: 2014
Hillhouse Capital Group is a long-term fundamental equities investment firm focused on Asia. CPP Investments committed US$200 million to Fund II in 2014, US$300 million to Fund III in 2016, US$450 million to Fund IV and related vehicles in 2018, and US$350 million to Fund V series in 2020.
Kohlberg Kravis Roberts & Co.
Location: Global
Commitment: US$1.075 billion
Date of initial investment: 2007
Kohlberg Kravis Roberts & Co. is a large, global private equity firm focused on buyout and growth opportunities. CPPIB committed US$350 million to KKR Asian I in 2007, US$400 million to KKR Asian II in 2012 and US$325 million to KKR Asian III in 2017.
Website
Lyfe Capital
Location: China and United States
Commitment: US$100 million
Date of initial investment: 2019
Lyfe Capital is a healthcare dedicated manager focusing on investments in growth and early growth stage companies in Greater China and the US across medical devices, diagnostics, pharmaceutical, and other new emerging themes. CPPIB committed US$100 million in Lyfe Capital Fund III in 2019.
MBK Partners
Location: South Korea
Commitment: US$1.5 billion
Date of initial investment: 2008
MBK Partners is a mid-market, Korea-based private equity firm focused on buyout opportunities. CPP Investments committed US$200 million to MBK II in 2008, US$300 million to MBK III in 2012, US$450 million to MBK IV in 2016, and US$500 million to MBK V in 2019.
Multiples
Location: India
Commitment: US$320 million and INR 4.4 billion
Date of initial investment: 2010
Multiples Alternate Asset Management is a mid-market, India-based private equity firm focused on buyout and growth opportunities. CPP Investments committed INR 4.4 billion to Multiples I in 2010, US$200 million to Multiples II in 2015, and US$120 million to Multiples III in 2019.
NewQuest Capital
Location: China
Commitment: US$125 million
Date of initial investment: 2019
NewQuest Capital is a specialty secondaries firm formed in 2011 through the spin-out of four partners from Bank of America Merrill Lynch’s Asia private equity team. NewQuest focuses on complex secondary direct transactions and fund solution/restructurings in the Asian market. CPPIB committed US$125 million to NewQuest Asia Fund IV in 2019.
PAG Asia Capital
Location: Asia
Date of initial investment: 2015
Commitment: US$655 million
PAG Asia Capital is the private equity platform of PAG, an independent pan-Asian alternative investment manager. CPPIB committed US$275 million to PAG Asia II in 2015 and US$380 million to PAG Asia III in 2018.
Polaris Capital
Location: Japan
Commitment: JPY 13.8 billion
Date of initial investment: 2019
Polaris Capital is a mid-market, Japan-based private equity investor that focuses on control-oriented investments. CPP Investments committed up to JPY 13.8 billion (~US$125 million) to Polaris Capital V in 2019.
Sequoia Capital
Location: China/United States
Commitment: US$345 million
Date of initial investment: 2018
Sequoia Capital is a leading technology franchise with a long history of investing in technology pioneers that have grown to become household names today. CPP Investments committed US$295 million to Sequoia Capital Global Growth Fund III, US$43 million to Sequoia Capital China Growth Fund V and US$7 million to Sequoia Capital U.S. Growth Fund VIII in 2018.
Texas Pacific Group
Location: Global
Commitment: US$550 million
Date of initial investment: 2007
Texas Pacific Group is a large, global private equity firm focused on buyout and growth opportunities. CPPIB committed US$350 million to TPG Asia V in 2007 and US$200 million to TPG Asia VI in 2014.
TPP
Location: China
Commitment: US$400 million
Date of initial investment: 2017
TPP is sponsored by Tencent Holdings and invests alongside Tencent’s principal capital in technology and technology enabled companies in China across late VC, growth, and pre-IPO stages. CPPIB committed US$100 million to TPP Fund I in 2017, and US$300 million to TPP Fund II in 2019.
True North
Location: India
Commitment: US$200 million
Date of initial investment: 2015
True North is an India-based private equity firm focused on control, and selectively, growth opportunities. CPPIB committed US$75 million to True North Fund V in 2015 and US$125 million to True North Fund VI in 2017.
Warburg Pincus
Location: Global/China
Commitment: US$300 million
Date of initial investment: 2016
Warburg Pincus is a large, global private equity firm focused on growth opportunities. CPPIB committed US$100 million to Warburg Pincus China in 2016 and US$200 million to Warburg Pincus China-Southeast Asia II in 2019.
Trustbridge Partners
Location: China
Commitment: US $675 million
Date of initial investment: 2015
Trustbridge Partners is a mid-market, China-based private equity firm focused on buyout and growth opportunities. CPPIB committed US$150 million to Trustbridge Partners V in 2015, US$225 million to Trustbridge Partners VI in 2017 and US$300 million to Trustbridge Partners VII in 2020.
AddSecure
Location: Sweden
Date of Investment: 2019
Provider of communications solutions for alarm, security and building infrastructure industries in Europe.
Aldevron
Location: United States
Date of Investment: 2019
Supplier of plasmid DNA, a critical raw material used in cell and gene therapies.
Artisan Design Group
Location: United States
Date of investment: 2019
Artisan Design Group is a
US-based dealer of flooring products and services, providing design,
procurement, installation and quality control of flooring and complementary
products for home builders.
Bad Boy
Location: United States
Date of Investment: 2019
Manufacturer of high-performance mowers.
BCA Marketplace
Location: United Kingdom
Date of Investment: 2019
Used car marketplace owner and operator in the UK and Europe.
CRF Bracket
Location: United States/United Kingdom
Date of investment: August 2018
CRF Bracket develops electronic clinical outcome assessment solutions for home and site-based phase I-IV clinical trials for various therapeutic areas and patient populations in the United States and internationally.
Edelman Financial Services
Location: United States
Date of investment: 2018
Edelman Financial is a nationally branded, independent, registered investment advisor that provides integrated financial planning and wealth-management services to consumers.
Electronics for Imaging
Location: United States
Date of investment: 2019
EFI is a global provider of industrial printers, proprietary inks, production software and networked printing devices.
Entertainment Partners
Location: United States
Date of investment: 2019
Entertainment Partners is a provider of human capital management solutions to production companies in the TV, film and entertainment industry.
GlobalTranz
Location: United States
Date of investment: 2019
GlobalTranz is a US-based freight brokerage technology company serving the domestic 3rd party logistics market.
Good2Grow
Location: United States
Date of investment: November 2018
Good2Grow is a kids’ beverage company that sells 100% RTD fruit/vegetable juice and fortified water with 3-dimensional toppers that feature licensed movie/cartoon characters.
HG Insights
Location: United States
Date of investment: December 2020
Provider of proprietary tech install, tech spending, contract intelligence, and market research to software companies in North America and Europe.
Independent Vetcare Group
Location: United Kingdom
Date of investment: 2019
Independent Vetcare Group is a veterinary services firm based in the UK and with operations across Europe.
Industrious National Management
Location: United States
Date of investment: 2019
US-based network of premium co-working spaces and related outsourced office services.
Jaggaer
Location: United States
Date of investment : 2019
Global provider of supply chain management software.
Kettle Cuisine
Location: United States
Date of investment: August 2018
Kettle Cuisine is a manufacturer of kettle-cooked, clean label soups, sauces and side dishes, serving foodservice providers, national restaurant chains and retail channels.
Jarrow Formulas
Location: United States
Date of Investment: December 2020
Formulator and supplier of various vitamins, minerals, and nutritional supplements.
MetaMetrics
Location: United States
Date of investment: 2019
Provider of K-12 reading and math universal measurement scales for assessments, digital practice tools, and books.
Mitchell International
Location: United States
Date of investment: 2018
Mitchell International and Genex Services merged in November 2018, bringing together two leaders in Medical Compliance, Cost Containment and Clinical Solutions in the workers’ compensation, disability and auto industries.
Navex Global
Location: United States
Date of investment: September 2018
Navex is a leading ethics & compliance (“E&C”) software-as-a-service provider globally. The Company provides a full suite of E&C solutions, including incident management software, E&C training, and policy & procedure management.
Paycor
Location: United States
Date of investment: November 2018
Paycor is a leading SaaS provider of cloud based human capital management software offering a unified solution for payroll, benefits, onboarding, learning management and time and attendance.
Press Ganey Associates
Location: United States
Date of investment: 2019
Provider of surveys and analytics that measure patient and caregiver experiences for healthcare organizations within the United States.
Procore
Location: United States
Date of Investment: 2019
Provides a cloud-based construction project management software.
PrimeSource-Dimora
Location: United States
Date of investment: December 2020
North American specialty building products distributor.
Sedgwick
Location: United States
Date of investment: December 2018
Sedgwick is the largest independent multiline claims management firm globally, providing technology-enabled claims management and loss adjusting solutions for workers’ compensation, disability, liability, and property claims.
Siaci Saint Honore
Location: France
Date of investment: August 2018
Siaci is a French-based B2B insurance broker that provides global insurance brokerage, advisory and claims management services. The geographic focus in Europe (ex-UK) and industry focus in financial.
Stonegate Group
Location: United Kingdom
Date of investment: March 2020
Fourth largest managed pub operator in the UK.
Travelport
Travelport is a UK-headquartered technology company that provides a travel distribution and e-commerce platform with multiple travel related services to a global customer base.
United Group
United Group is a cable operator operating across South Eastern Europe and offers TV, internet, fixed and mobile telephony through its cable, direct-to-home and over-the-top platforms.
Accel-KKR
Location: United States
Commitment: US$210 million
Date of initial investment: 2015
Accel-KKR is a mid-market, U.S.-based private equity firm focused on buyout and growth opportunities in the software and technology sector. CPP Investments committed US$100 million to AKKR Fund V in 2015 and US$110 million to AKKR Fund VI in 2019.
Advent International
Location: Global
Commitment: US$2.4 billion; €575 million
Date of initial investment: 2001
Advent is a large, global private equity firm focused on buyout opportunities. CPPIB first committed US$175M to Advent IV in 2001. Following that, CPPIB committed €200M to Advent V in 2005, €375M to Advent VI in 2008, US$640M to Advent VII in 2012 and US$725M to Advent VIII in 2016. In 2019, CPPIB committed US$750M to Advent IX and US$100M to Advent Technology Fund I.
American Industrial Partners
Location: United States
Date of initial investment: 2015
American Industrial Partners is a mid-market, U.S.-based private equity firm focused on control investments in North American headquartered industrial companies. CPP Investments committed to AIP Fund VI in 2015 and AIP Fund VII in 2019.
Apax Partners
Location: Global
Commitment: US$1.2 billion; €1.1 billion
Date of initial investment: 2004
Apax Partners is a large, global private equity firm focused on buyout opportunities. CPPIB committed €200 million to Apax VI in 2004, €500 million to Apax VII in 2007, €350 million to Apax VIII in 2012 and US$500 million to Apax IX in 2016. CPPIB also committed US$150 million to Apax Digital in 2017. In 2019, CPPIB committed US$500 million to Apax X.
Apollo Management
Location: Global
Commitment: US$3 billion
Date of initial investment: 2002
Apollo Management is a large, global private equity firm focused on value oriented distressed, corporate carve-out and opportunistic buyout investments opportunities. CPPIB committed US$150 million to Apollo V in 2002, US$400 million to Apollo VI in 2005, US$600 million to Apollo VII in 2007, C$1.0 billion to Apollo VIII in 2013 and US$750 million to Apollo IX in 2017.
Ares Management
Location: United States
Commitment: US$1.5 billion
Date of initial investment: 2003
Ares Management is a large, U.S.-based private equity firm focused on buyout, growth and distressed opportunities. CPPIB committed US$75 million to ACOF I in 2003, US$200 million to ACOF II in 2006, US$300 million to ACOF III in 2008, US$450 million to ACOF IV in 2012 and US$450 million to ACOF V in 2015.
Bain Capital
Location: Global
Total Investment: €350 million; US$250 million
Date of initial investment: 2014
Bain Capital is a global private equity firm focused on buyout opportunities. CPPIB committed €175 million to Bain Capital Europe IV in 2014, US$250 million to Bain Capital Fund XII in 2017 and €175 million to Bain Capital Europe V in 2018 .
BC Partners
Location: Europe
Commitment: €725 million
Date of initial investment: 2011
BC Partners is a large, pan-European private equity firm focused on buyout opportunities. CPPIB committed €350 million to BCEC IX in 2011 and €375 million to BCEC X in 2016.
The Blackstone Group
Location: Global
Commitment: US$4.9 billion
Date of initial investment: 2001
The Blackstone Group is a leading global investment firm focused on buyout opportunities. CPPIB committed US$185 million to BCP IV in 2001, US$400 million to BCP V in 2005, US$500 million to BCP VI in 2008, US$720 million to BCP VII in 2015, US$1 billion to Blackstone Core Fund in 2016, US$1.1 billion to BCP VIII in 2019 and US$1 billion to Blackstone Core Fund II in 2020.
CCMP
Location: United States
Commitment: US$768 million
Date of initial investment: 2002
CCMP is a mid-market, U.S.-based private equity firm focused on buyout and growth opportunities. CPPIB committed US$100 million to JPMP Global Investors in 2002, US$368 million to CCMP II in 2005 and US$300 million to CCMP III in 2013.
The Carlyle Group
Location: Global
Commitment: €475 million; US$500 million
Date of initial investment: 2015
The Carlyle Group is a large, Global private equity firm focused on buyout and growth opportunities. CPPIB committed €175 million to Carlyle Europe Partners IV in 2015 and US$500 million to Carlyle Partners VII, and €300 million to Carlyle Europe V in 2018.
Centerbridge Capital Partners
Location: United States
Commitment: US$150 million
Date of initial investment: 2014
Centerbridge Partners is a large, U.S.-based private equity firm focused on buyout and growth opportunities. CPPIB committed US$150 million to CCP III in 2014.
Charterhouse Capital Partners
Location: United Kingdom
Commitment: €400 million
Date of initial investment: 2008
Charterhouse Capital Partners is a large, U.K.-based private equity firm focused on buyout opportunities. CPPIB committed €200 million to CCP IX in 2008 and €200 million to CCP X in 2015.
Cinven
Location: Europe
Commitment: €1.2 billion
Date of initial investment: 2006
Cinven is a large, pan-European private equity firm focused on buyout opportunities. CPPIB committed €250 million to Fund IV in 2006, €350 million to Fund V in 2012, €250 million to Fund VI in 2016 and €320 million to Fund VII in 2019.
Clayton, Dubiler & Rice, LLC
Location: Global
Commitments: US$425 million
Date of initial investment: 2017
Clayton, Dubilier & Rice is a large, global private equity firm focused on buyout opportunities. CPPIB committed US$200 million to CD&R X in 2017 and US$225M to CD&R XI in 2020.
Clearlake Capital Group
Location: United States
Commitment: US$130 million
Date of initial investment: 2019
Clearlake is a U.S.-based private equity manager focused on investing in buyout and special situations. CPP Investments committed US$130 million to CCP VI in 2019.
CVC Capital Partners
Location: Global
Commitment: US$675 million; €2.9 billion
Date of initial investment: 2005
CVC Capital Partners is a large, global private equity firm focused on buyout opportunities. CPPIB committed €200 million to CVC IV in 2005, €300 million to CVC Tandem in 2006, €350 million to CVC V in 2008, €650 million to CVC VI in 2013, US$375 million to CVC Growth Partners in 2014, €650 million to CVC VII in 2017 and €250 million to CVC Strategic Opportunities II in 2018, and US$300 million to CVC Growth Partners II in 2018. In 2020, CPPIB committed €500 million to CVC VIII.
Dragoneer Investment Group
Location: United States
Commitment: US$200 million
Date of investment: 2018
Dragoneer is a global firm that invests in technology-enabled businesses. CPPIB committed US$100 million to Dragoneer Opportunities Fund IV in 2018. and US$100M to Fund V in 2020.
EQT Partners
Location: Europe
Commitment: €450 million
Date of initial investment: 2017
EQT is a large, global private equity firm focused on buyout opportunities. CPPIB committed €200 million to EQT VIII in 2017 and €250 million to EQT IX in 2020.
Ford Financial
Location: United States
Commitment: US$188 million
Date of initial investment: 2013
Ford Financial is a mid-market, U.S.-based private equity firm focused on buyout opportunities in the financial services sector. CPPIB committed US$188 million to Ford Financial II in 2013.
Genstar Capital
Location: United States
Commitment: US$490 million
Date of initial investment: 2017
Genstar Capital is a U.S.-based private equity firm focused on growth-oriented, mid-market companies. CPPIB committed US$200 million in aggregate to Genstar VIII in 2017 and US$290 million in aggregate to Genstar IX in 2019.
Harvest Partners
Location: United States
Date of initial investment: 2015
Harvest Partners is a mid-market, U.S.-based private equity firm focused on buyout and growth opportunities. CPPIB committed US$100 million to Harvest Partners VII in 2015.
Hellman & Friedman
Location: United States
Commitment: US$2.2 billion
Date of investment: 2004
Hellman & Friedman is a large, U.S.-based private equity firm focused on buyout and growth opportunities. CPPIB committed US$75 million to H&F V in 2004, US$400 million to H&F VI in 2006, US$600 million to H&F VII in 2009 and US$650 million to H&F VIII in 2014, and US$500 million to H&F IX in 2018.
Hg
Location: Europe
Commitment: US$260 million
Date of initial investment: 2020
Hg is a European software and tech-enabled services-focused private equity firm. CPP Investments committed US$260 million to Hg Saturn 2 in 2020.
GTCR
Location: United States
Commitment: US$150 million
Date of investment: 2020
GTCR is an upper mid-market, U.S.-based private equity firm targeting Financial Services & Technology, TMT, Healthcare, and Growth Business Services sectors. CPPIB committed US$150 million to GTCR Fund XIII in 2020.
Insight Venture Partners
Location: United States
Commitment: US$450 million
Date of initial investment: 2018
Insight Venture Partners is a U.S.-based private equity manager focused on investing in growth-stage software, software-enabled, and internet companies. CPP Investments committed US$200 million to Insight Venture Partners X and US$250 million to Insight Partners XI in 2018 and 2019.
ICONiQ Strategic Partners
Location: United States
Commitment: US$200 million
Date of investment: 2018
ICONiQ pursues growth equity and late stage venture investments in high-growth technology businesses primarily in the US. CPPIB committed US$100 million to ICONIQ Strategic Partners IV in 2018 and US$100M to ICONiQ V in 2020.
Kainos Capital
Location: United States
Date of initial investment: 2016
Kainos Capital is a mid-market, U.S.-based private equity firm focused on buyout and growth opportunities in the food and consumer products industries. CPPIB committed to Kainos Capital Fund II in 2016.
Kohlberg Kravis Roberts & Co.
Location: Global
Commitment: US$1.4 billion; €298 million
Date of initial investment: 2004
Kohlberg Kravis Roberts & Co. is a large, global private equity firm focused on buyout and growth opportunities. CPPIB committed US$282 million to KKR Millennium in 2004, €188 million to KKR Europe II in 2005, US$475 million to KKR 2006 Fund in 2006, €110 million to KKR Europe III in 2008, US$275 million to KKR NA XI in 2012, US$300 million to KKR Americas Fund XII in 2016 and US$100 million to KKR Health Care Strategic Growth in 2017.
Lion Capital
Location: United Kingdom
Commitment: €200 million; US$250 million
Date of initial investment: 2010
Lion Capital is a mid-market, U.K.-based private equity firm focused on buyout opportunities in the consumer sector. CPPIB committed €200 million to Lion III in 2010 and US$250 million to Lion IV in 2015.
Littlejohn
Location: United States
Commitment: US$200 million
Date of initial investment: 2014
Littlejohn is a mid-market, U.S.-based private equity firm focused on buyout and distressed opportunities. CPPIB committed US$100 million to Littlejohn V in 2014 and US$100 million to Littlejohn VI in 2018.
Northleaf Capital Partners
Location: Canada
Date of initial investment: 2006
Northleaf Capital Partners is a Canada-based private equity firm focused on investing in funds, secondaries and co-investment opportunities. CPPIB committed C$400 million to CFOF I in 2006, C$400 million to CFOF II in 2010, C$70 million to Northleaf Venture Catalyst Fund in 2014 and C$330 million to CFOF III in 2014, and C$70 million to Northleaf Venture Catalyst Fund II in 2018. Northleaf also manages C$760 million in existing CPPIB commitments to Canadian buyout and venture capital funds. In 2019, CPPIB committed C$75 million to CFOF Evergreen.
Quantum Energy Partners
Location: United States
Commitment: US$750 million
Date of initial investment: 2008
Quantum Energy Partners is a mid-market, U.S.-based private equity firm focused on buyout and growth opportunities in the energy sector. CPPIB committed US$200 million to QEP V in 2008, US$300 million to QEP VI in 2014, to QPP V-C in 2014 and to QPP VI-C in 2015, and US$250 million to QEP VII in 2017, and to QPP VII-C in 2017.
Onex Corporation
Location: Canada/United States
Commitment: US$1.35 billion
Date of initial investment: 2003
Onex Corporation is a large, Canada/U.S.-based private equity firm focused on buyout opportunities. CPPIB committed US$150 million to OP I in 2003, US$400 million to OP III in 2008, US$400 million to OP IV in 2013 and US$400 million to OP V in 2017.
Oak Hill Capital Partners
Location: United States
Commitment: US$225 million
Date of initial investment: 2018
Oak Hill Capital Partners is a North America-based private equity manager focused on buyout opportunities. CPPIB committed US$225 million to Oak Hill Capital Partners V in 2018.
New Mountain Capital
Location: United States
Commitment: US$800 million
Date of initial investment: 2007
New Mountain Capital is a mid-sized U.S. investment capital firm specializing in buyback opportunities. The Board allocated US$200 million to NMC II in 2007, US$300 million to NMC IV in 2013 and US$300 million to NMC V in 2017.
Permira Advisers
Location: Europe
Commitment: €1.3 billion
Date of initial investment: 2006
Permira Advisers is a large, pan-European private equity firm focused on buyout opportunities. CPPIB committed €150 million to Permira IV in 2006, €350 million to Permira V in 2013 and €400 million to Permira VI in 2016. In 2019, CPPIB committed €375 million to Permira VII.
Riverwood Capital Partners
Location: United States
Commitment: US$325 million
Date of initial investment: 2014
Riverwood Capital Partners is a mid-market, U.S.-based private equity firm focused on buyout and growth opportunities in the technology sector. CPPIB committed US$150 million to Riverwood Fund I in 2014 and US$175 million to Riverwood Fund II in 2018.
Roark Capital Partners
Location: United States
Commitment: US$250 million
Date of initial investment: 2014
Roark Capital Group is a mid-market, U.S.-based private equity firm focused on buyout opportunities in the consumer sector. CPPIB committed US$100 million to Roark IV in 2014 and US$150 million to Roark V in 2017.
Searchlight Capital Partners
Location: Global
Commitment: US$390 million
Date of initial investment: 2015
Searchlight Capital Partners is a mid-market, global private equity firm focused on buyout and distressed opportunities. CPPIB committed US$190 million to Searchlight Capital II in 2015 and US$200 million to Searchlight Capital III in 2019.
STAR Capital Partners
Location: Europe
Commitment: €175 million
Date of initial investment: 2016
STAR Capital Partners is a mid-market, U.K.-based private equity firm focused on buyout and growth opportunities. CPPIB committed €175 million to STAR III in 2016.
Sterling Group
Location: United States
Commitment: US$300 million
Date of initial investment: 2010
Sterling Group is a mid-market, U.S.-based private equity firm focused on buyout opportunities. CPPIB committed US$100 million to Sterling III in 2010 and US$200 million to Sterling IV in 2015.
Siris Partners
Location: United States
Commitment: US$400 million
Date of initial investment: 2014
Siris Capital Group is a mid-market, U.S.-based private equity firm focused on complex, special situations in the technology sector. CPPIB committed US$150 million to Siris Partners III in 2014 and US$250 million to Siris Partners IV in 2018.
Silver Lake Partners
Location: United States
Commitment: US$2.9 billion
Date of initial investment: 2004
Silver Lake Partners is a large, U.S.-based private equity firm focused on buyout and growth opportunities in the technology sector. CPP Investments committed US$100 million to SLP II in 2004, US$500 million to SLP III in 2006, US$750 million to SLP IV in 2012 and US$750 million to SLP V in 2017. In 2019, CPP Investments committed US$50 million to Silver Lake Waterman III. CPPIB committed US$750 million to SLP VI in 2020.
Stone Point Capital
Location: United States
Commitment: US$1.2 billion
Date of initial investment: 2010
Stone Point Capital is a mid-market, U.S.-based private equity firm focused on buyout and growth opportunities in the financial services sector. CPPIB committed US$225 million to Trident V in 2010, US$425 million to Trident VI in 2013, US$275 million to Trident VII in 2016 and US$250 million to Trident VIII in 2019.
TDR Capital
Location: United Kingdom
Commitment: €125 million
Date of initial investment: 2016
TDR Capital is a mid-market, London-based private equity firm focused on buyout opportunities. CPPIB committed €125 million to TDR IV in 2016.
Texas Pacific Group
Location: Global
Commitment: US$2.3 million
Date of initial investment: 2003
Texas Pacific Group is a large, global private equity firm focused on buyout and growth opportunities. The Board allocated US $ 100 million to TPG IV in 2003, US $ 500 million to TPG V in 2006, US $ 750 million to TPG VI in 2008, US $ 400 million to TPG VII in 2015, 500 million US dollars to TPG VIII in 2018 and 150 million US dollars to TPG Tech Adjacencies in 2018.
Thoma Bravo
Location: United States
Commitment: US$1.5 billion
Date of initial investment: 2014
Thoma Bravo is a mid-market, U.S.-based private equity firm focused on buyout and growth opportunities in the software sector. CPP Investments committed US$150 million to Thoma Bravo XI in 2014, US$75 million to Thoma Bravo SOF II in 2015 and, US$400 million to Thoma Bravo XII in 2016 and US$100 million to Thoma Bravo Discover II in 2017 and US$400 million to Thoma Bravo XIII in 2018. CPP Investments committed US$400 million to Thoma Bravo XIV in 2020.
Veritas Capital Fund Management
Location: United States
Commitment: US$550 million
Date of initial investment: 2014
Veritas Capital Fund Management is a mid-market, U.S.-based private equity firm focused on buyout opportunities which provide products, services and solutions to a broad array of government-related customers. CPPIB committed US$100 million to Veritas V in 2014, US$200 million to Veritas VI in 2016 and US$250 million to Veritas VII in 2019.
Vista Equity Partners
Location: United States
Commitment: US$1.7 billion
Date of initial investment: 2014
Vista Equity Partners is a mid-market, U.S.-based private equity firm focused on buyout and growth opportunities in the software and technology sector. CPPIB committed US$400 million to VEPF V in 2014, US$750 million to VEPF VI in 2016 and US$500 million to VEPF VII in 2018.
Behrman Capital
Location: United States
Investment: US$650 million
Date of initial investment: 2012
Berhman is a private equity firm based in the U.S., focused on investing in buyouts of growth companies in North America. CPPIB led the recapitalization of five investments in Berhman Capital.
Enfoca
Location: Latin America
Commitment: US$380 million
Date of initial investment: 2017
Enfoca is a Peruvian private equity fund manager focused on growth investments in sectors exposed to the growth of the Peruvian middle‐class and economy. CPPIB lead in the recapitalization of seven companies.
Prospect Hill Growth Partners
Location: United States
Investment: US$600 million
Date of initial investment: 2014
J.W. Childs is an operational focused private equity firm with consumer, retail/ecommerce and healthcare expertise in mid-market growth companies in North America. CPPIB led the recapitalization of five investments in J.W. Childs.
Kainos
Location: United States
Commitment: US$550 million
Date of initial investment: 2013
Kainos Capital is a middle-market private equity firm with an exclusive focus on the food and consumer sector. CPPIB participated in the recapitalization of four portfolio companies.
Lee Equity
Location: United States
Investment: US$150 million
Date of initial investment: 2016
Lee Equity is a private equity firm focused on making buyout investments in mid-market U.S.-based companies partnering with premier management teams. CPPIB participated in the recapitalization of 14 companies.
NewView Capital
Location: United States
Total Investments: US$130 million
Date of Investment: 2018
NewView Capital has developed a new model in venture capital to drive sustainable growth for entrepreneurs, venture capital firms, and limited partners in the changing venture landscape. It spun out of New Enterprise Associates (NEA) in 2018 in response to evolving market dynamics, including extended exit timelines. CPPIB participated in the spin-out transaction that formed NVC and continues to support the platform’s continued growth.
Providence Equity Partners
Location: United States
Investment: US$750 million
Date of initial investment: 2018
Providence Equity Partners is a private equity fund manager focused on buyout investments predominantly in North America and Western Europe. CPPIB led the tender process for limited partner interests in Providence Equity Partners VII.
TPG Growth
Location: Global
Investment: US$280 million
Date of initial investment: 2019
TPG Growth is the growth equity platform of TPG Partners, focused on growth and buyout investments in the lower middle market globally. CPP Investments lead in the recapitalization of thirteen companies.
Aerospike
Location: United States
Date of Investment: 2019
Database management system that facilitates fraud prevention, payments processing, secure messaging and analytics.
Hims
Location: United States
Date of investment: March 2020
Online telemedicine and direct-to-consumer platform that offers health and wellness products for men and women.
Scopely
Location: United States
Date of Investment: 2019
Scopely is a leading interactive entertainment and mobile games company.
Sensibill
Location: Canada
Date of Investment: 2019
Sensibill provides digital banking solutions that foster stronger relationships between financial institutions and their customers.
Scale Venture Partners
Location: United States
Date of investment: 2020
Expansion stage venture capital firm focused on enterprise software and cognitive apps.
Accel
Location: Global
Date of initial commitment: 2019
Global venture capital firm focused on early and growth-stage investments across North America, Europe, and India.
Andreessen Horowitz
Location: United States
Date of initial commitment: 2019
Multi-stage venture capital firm investing across the consumer, enterprise, healthcare, crypto, and fintech sectors.
Index Ventures
Location: United States and Europe
Date of initial commitment: 2020
Venture capital firm that invests in technology-enabled businesses across the consumer, enterprise, and financial services sectors in Europe and the United States.
Radical Ventures
Location: North America
Date of initial investment: 2019
Radical Venture is a venture capital firm investing in Technology and AI-focused companies. CPPIB has committed US$50 million to Fund II in 2019.
Sequoia Capital
Location: Global
Date of initial commitment: 2018
Global venture capital firm with a long history of investing in technology pioneers.
True Ventures
Location: United States
Date of Investment: 2020
Early stage venture capital firm focused on making Seed and Series A investments and following-on in select later stage financings of breakout portfolio companies.
Y Combinator
Location: United States
Date of Investment: 2020
Y Combinator is the preeminent startup accelerator helping build and fund companies across the seed and growth stages.
Teams within Private Equity
Our team is comprised of Direct Private Equity, Private Equity Asia, Private Equity Funds, and Secondaries.
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