Keep pulling the thread on John Graham.
CPP Investments manages a fund of approximately $800 billion for the Canada Pension Plan.
Of CPP Investments' $800 billion fund, $550 billion is derived from investment income, representing 70% of the total assets.
Over the past three to four years, CPP Investments' headcount has remained flat while its assets under management grew by approximately $300 billion.
When CPP Investments was created approximately 27 years ago, the Canada Pension Plan was only about 15% funded.
CPP Investments' mandate to maximize return without undue risk of loss is enshrined in Canadian federal legislation.
CPP Investments does not follow a policy of blanket divestment and has continued to invest in the oil and gas industry.
CPP Investments has never directly invested in cryptocurrency.
Over the past 10 to 15 years, private equity has been one of the largest drivers of returns for CPP Investments.
Private equity returns over the past two years have not met expectations.
Approximately 12% of CPP Investments' portfolio is allocated to Canada.
CPP Investments actively manages its United States exposure to a target range of 45% to 50% of its portfolio.
Canada is currently viewed as a more interesting investment destination than it has been in years, driven by government ambition to build large infrastructure projects.