Beyond is bright
At PSP Investments, we highlight the possible. We explore every angle—across asset classes, markets and industries—to broaden our perspectives. We work as one, recognizing that diversity is an asset that can help us realize an opportunity’s full potential.
In close collaboration, we have developed a collective instinct that allows us to hone in on opportunities otherwise overlooked, unnoticed, or unseen. In blind spots or in plain sight, we always seek to spot the edge.
Overall growth
Since our foundation in 1999, PSP Investments has become one of Canada’s largest pension investment managers.
We have grown from a small organization, investing in public markets and fixed income, to a large global institutional investor overseeing a diverse portfolio across multiple asset classes, with a talented team of international experts. And we are just getting started.
Historical and Projected Net AUM
-
Cumulative Net Contributions
-
Cumulative Return
PSP through the years
-
Our beginnings
PSP Investments was established by the Public Sector Pension Investment Board Act in 1999. We are a Canadian Crown corporation that invests funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force.
-
Our first year
We began operations in 2000, with two key asset classes: Public Markets and Fixed Income.
-
Real Estate
The Real Estate asset class was introduced in 2003 and has grown to a portfolio of $31.1B representing 13.5% of total net assets as of March 31, 2022. The team focuses on building a world-class portfolio of assets in major international cities, based on global themes such as technology, lifestyle, urbanization and demographics.
-
Private Equity
The Private Equity asset class was introduced in 2004 and has grown to a portfolio of $35.4B representing 15.3% of total net assets as at March 31, 2022. The team strategically builds relationships with external fund managers and investment partners, leveraging their networks and sector and geographic expertise to source long-term direct investment and co-investment opportunities.
-
Infrastructure
The Infrastructure asset class was introduced in 2006 and has grown to a portfolio of 23.5B representing 10.2% as at March 31, 2022. Infrastructure invests globally on a long-term basis, primarily in the transportation, power generation, telecommunications and public utilities sectors.
-
Natural Resources
The Natural Resources asset class was introduced in 2011 and has grown to a portfolio of 11.6B representing 5.0% as at March 31, 2022. The team focuses on direct investments in real assets in timber, agriculture and other related opportunities.
-
Achieving growth
Growing exponentially from its beginnings, AUM hits the $50B mark in 2011.
-
Going global
In 2015, PSP opens its first international office in New York and introduces the Private Debt asset class. Today, Credit Investments manages a portfolio of $21.9B representing 9.5% as at March 31, 2022.
-
A major achievement
AUM hits the $100B mark in 2015, and PSP becomes one of Canada’s top 5 Pension Fund Managers.
-
Pursuing global expansion
In 2016, PSP opens its second international office in London, as its European hub. The office is predominantly focused on seizing opportunities in Private Equity, Real Estate, Infrastructure and Credit Investments.
-
On the continuous path to growth
In 2018 AUM hits the $150B mark.
-
Recognized as a Top Employer
PSP is proud to be named as one of Montréal’s Top Employers for 2018. This is the first time the rapidly growing pension investment manager has been recognized as one of the city’s best places to work.
-
A diverse board
PSP reaches gender balance at the Board level.
-
Asian expansion
In 2019, PSP opened its third international office—in Hong Kong—where it is working with local partners to leverage strategic opportunities in Private Equity and Infrastructure.
-
Once Again Recognized as a Top Employer
PSP is proud to be named as one of Montréal’s Top Employers for 2019, for a second consecutive year!
-
Cementing our employer brand
PSP is proud to be named as one of Montréal’s Top Employers for 2020, for a third consecutive.
-
Driven to create long-term value
The CEOs of Canada’s eight leading pension plan investment managers, representing approximately $1.6 trillion in assets under management, joined forces to help shape a future defined by more sustainable and inclusive economic growth.
-
Launching new corporate strategy PSP Forward
The ambition for PSP Forward is to be an insightful global investor and valued partner that is selective across markets and focused on the long term.
-
Inspired by a sense of purpose
PSP Investments named as a Montréal Top Employer for a fifth consecutive year.
Relationships with an edge
Forging powerful relationships is at the heart of what we do. We believe that investing is about more than providing capital; it is an opportunity to build mutually beneficial relationships that can create long-term value.