Overview
- CPP’s sixth-vintage commitment combines fresh capital with reinvested proceeds to expand Northleaf’s pool for Canadian deployments.
- CPP also invested about C$160 million to broaden exposure to Northleaf’s global secondary portfolio of mid-market funds and companies.
- The partnership, launched in 2006, has seen CPP commit more than C$3 billion, with Northleaf investing in over 100 funds and supporting roughly 900 companies.
- The mandate targets Canadian small and mid-sized buyouts and now includes secondary purchases and direct co-investments.
- CPP says the program provides efficient access to domestic SMEs for a fund managing roughly C$777.5 billion on behalf of about 22 million contributors.