The $254.1 billion pension giant also committed nearly $1 billion in July to a pair of investments within its credit portfolio.
Tag: Public Equity
Strong gains from public equity investments raise the portfolio’s asset value to $65.2 billion.
The C$250 billion pension fund also netted a 4.8% return for the 12-month period that ended June 30.
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
Nearly half of the commitments were made to three private equity funds.
Notable among the pension giant’s outlays was a $1 billion investment in a fund managed by Khosla Ventures.