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CPP Investments' CEO Discusses Fiscal Year 2024 Results

Pension Pulse

billion of net income, CPP Investments directly and indirectly incurred $1,617 million of operating expenses, $1,449 million in investment management fees and $2,067 million in performance fees paid to external managers, as well as $427 million of transaction-related expenses. To generate $46.4 bps and below the 28.6

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Transcript: Dominique Mielle

The Big Picture

And these were real bankruptcies, led by a supply-demand imbalance, too much leverage and not enough demand for the products. And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less. MIELLE: –or consultants.

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Transcript: Ilana Weinstein

The Big Picture

You go from Goldman Sachs to Harvard Business School to the Boston Consulting Group. was like getting my post MBA not so much that I wanted to be a consultant but I wanted to learn about different industries and different types of problems. WEINSTEIN: Okay, so medicine, law, consulting, those industries have now over 50% women.

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Transcript: David Layton

The Big Picture

So it used to be within private markets that you would find a good business, apply quite a bit of leverage to it, at least in the private equity business, and be able to make a pretty good return by buying good solid businesses as they are. Leverage levels have come down materially. LAYTON: Leverage levels have changed.

Assets 57
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CDPQ's Head of Liquid Markets Discusses Mid-Year Results

Pension Pulse

Financial reporting As at June 30, 2023, the annualized costs incurred for CDPQ’s activities, which include internal operating expenses, external management fees and transaction costs, were estimated at 55 cents per $100 of net average assets, compared with 48 cents as at December 31, 2022.