PSP Investments

PSP Investments is one of Canada's largest pension investment managers, with $299.7 billion in net assets under management as of its reported figures. Established in 1999 as a Canadian Crown corporation, it manages the pensions of nearly one million people, including the federal Public Service, the Canadian Forces, the RCMP and the Reserve Force. Its portfolio includes direct venture and growth investments in technology and life-sciences companies, held within a broader multi-asset allocation rather than as a standalone fund.

Capital is deployed across seven asset classes: Capital Markets, Real Estate, Private Equity, Infrastructure, Credit Investments, Natural Resources, and a Complementary Portfolio. Venture and growth activity sits within this structure, and the organisation describes an investment posture oriented to long-term, risk-adjusted returns through economic cycles, including an emphasis on identifying opportunities at the margins. The technical domains of focus include institutional asset management, portfolio management, capital markets investing, risk-adjusted return optimisation, and sustainable or net-zero investing.

PSP Investments operates from five offices - Montreal, Ottawa, New York, London and Hong Kong - supporting global deployment across public and private markets. It has evolved from a small public-markets organisation into a global institutional investor, and states a commitment to sustainability and to accelerating the transition to global net-zero emissions alongside its financial objectives.