Pensions
CPP Investments Makes Additional C$532M Commitment to Brazilian Water Company
The Canadian pension fund previously owned a 61.4% stake in Iguá Saneamento.
The Canadian pension fund previously owned a 61.4% stake in Iguá Saneamento.
Public and private assets helped the pension fund swing from a loss one year earlier to raise its asset value to $471.5 billion.
Priti Singh, the fund’s capital markets factor investing head, has been promoted to CRO, while Heather Tobin succeeds her.
The asset class gained 19.5% for the UPP investment portfolio after losing 14.1% a year earlier.