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PSP Investments: A Closer Look

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An in-depth look at Canada's Public Sector Pension Investment Board (PSP Investments) and their investments.

An image of a large building with the logo of a major investment company.

In recent years, Canada's Public Sector Pension Investment Board (PSP Investments) have become one of the most recognized names in the world of investments. Established in 1999, PSP Investments manages and invests amounts transferred to it by the Government of Canada for the pension plans of the Canadian Forces, the Royal Canadian Mounted Police and the Public Service of Canada.

The PSP is one of the largest pension funds in Canada and is a leader in the Canadian pension industry. As of December 31, 2020, the PSP held $168.7 billion in assets under management. It is also one of the world’s largest pension funds and is a member of the International Forum of Sovereign Wealth Funds (IFSWF).

Recently, PSP Investments and EQT Active Core Infrastructure announced that they will jointly acquire Radius Global Infrastructure, a portfolio of critical communications infrastructure assets in North America and Europe. The transaction is expected to close in the second quarter of 2021, subject to customary closing conditions.

In addition, PSP Investments has partnered with Northcrest Developments and the Canada Lands Company to spearhead the development of a new mixed-use community in Ottawa. The project, known as Northcrest, is expected to create more than 10,000 jobs and provide homes to over 8,000 people.

PSP Investments has also won a number of awards for their investments, including the “Deal of the Year” at the Spark Infrastructure awards for the joint venture with Ontario Teachers’ Pension Plan and PSP Investments. Fitch has also affirmed the ratings for PSP’s unsecured debt and commercial paper (CP) at ‘AAA’ and ‘F1+’, respectively.

In addition, PSP Investments was recently awarded the “Investment Financing Deal of the Year: Europe” at the Real Deals Awards for the joint venture with PIMCO Prime Real Estate and Welput.

PSP Investments is now collecting and reporting on sustainability information based on a technology-enabled, data-driven approach that spans a number of areas, including energy, water, air, land, waste, and social and governance.

psp investmentspension investment boardcanadaeqt active core infrastructureradius global infrastructurenorthcrest developmentscanada lands companyspark infrastructureontario teachers’ pension planfitchpimco prime real estatewelputsustainability

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