If you're interested in breaking into finance, check out our Private Equity Course and Investment Banking Course, which help thousands of candidates land top jobs every year.
Overview
CPP Investments (also known as the Canada Pension Plan Investment Board) is a pension fund that invests on behalf of all employed Canadian citizens. Due to this major contribution base, the fund manages over $539B. CPP employs strategies including private equity, real assets, active equities, factor investing, and credit.
The organization was established in 1997 and has grown to become one of the largest pension fund managers in the world.
CPP manages a diversified portfolio of assets, including public and private equities, fixed income, real estate, infrastructure, and other assets. As a long-term investor, CPP seeks to generate sustainable returns that help support the future retirement income needs of Canadians.
Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with CPP Investments, you should make sure you know:
1 deal that the investment team you are recruiting with has done
1 person at the firm (ideally someone who would have influence over your recruiting process)
1 business model-specific detail to mention
We explain how to answer qualitative questions and research private equity firms in our Private Equity Course. We also teach how to build LBO models and prepare for case study interviews.
Selected Transaction
CPP was among the investors participating in the acquisition of digital security software provider McAfee.
Transaction Description: Advent International Corporation, Permira Advisers LLC, Crosspoint Capital Partners, Canada Pension Plan Investment Board, and others entered into a definitive agreement to acquire McAfee Corp. (NASDAQ:MCFE). As part of the transaction, the Investor Group acquired all outstanding shares of McAfee common stock for $26.00 per share.
Transaction Date: Closed March 2022
Transaction Value: $14B, all cash
Fact Sheet
Company Name: CPP Investments
Description: The Canada Pension Plan Investment Board, operating as CPP Investments, is a Canadian Crown corporation and one of the world's largest private equity investors solely managing CPP contributions paid by workers and employers
Firm Category: Pension Plan
Status: CPP Investments is a privately held company
Founded: 1997
Assets Under Management: $539B
Chief Executive Officer: John Graham
Headquarters: Toronto, Canada
Resources
Based on the H1B Database, the average base salary for an Associate at CPP is $102k - $130k. We note that this salary information may be dated and not reflective of their current pay.