CPPIB Asia Pacific - Canada Pension Plan Investment Board

UPDATED JUNE 2016
CPPIB Asia Pacific
Approximately $51.3 billion invested regionally as at
March 31, 2016.
Established Hong Kong office in 2008, while our Mumbai
office opened in 2015.
Demonstrated strong commitment to Asian markets with
investments in real estate, infrastructure, public and private
equities, funds and co-investments, and private credit.
Overview
Canada Pension Plan Investment Board (CPPIB) is a professional investment
management organization that invests the funds not needed by the Canada
Pension Plan (CPP) to pay current benefits on behalf of 19 million contributors and
beneficiaries. In order to build a diversified portfolio of CPP assets, CPPIB invests in
public equities, private equities, real estate, infrastructure and fixed income instruments.
Headquartered in Toronto, with offices in Hong Kong, London, Luxembourg, Mumbai,
New York City and São Paulo, CPPIB is governed and managed independently of the
Canada Pension Plan and at arm’s length from governments. As of March 31, 2016,
the CPP Fund totaled C$278.9 billion (approximately US$200 billion).
CPPIB has a proven track record of investing in China and has established strong and
close relationships with the relevant authorities and partners. As Canada’s largest
investment fund and one of the 10 largest retirement funds in the world today, CPPIB
is a significant and committed investor in China with approximately US$12 billion
committed to China.
CPPIB is one of the 10 largest holders of the Qualified Foreign Institutional Investor
(QFII) quota and is the only pension fund with the QFII quota over US$1 billion. This
quota enables CPPIB to invest into stocks, bonds and approved derivatives in China’s
capital market. As of March 31, 2016, our QFII is worth US$1.6 billion.
CPPIB’s application for a Renminbi Qualified Institutional Investor (RQFII) license to
the China Securities Regulatory Commission (CSRC) was approved in late 2015.
We will submit out quota application to the State Administration of Foreign Exchange
(SAFE) after we finish assessing the size and timing of our quota needs. In Jan 2016,
CPPIB’s application for China Interbank Bond Market (CIBM) license was also
approved by the People’s Bank of China.
All funds are Canadian dollars unless otherwise stated.
Asia Pacific
Portfolio - $51.3 billion
Select Investments
ASSET DISTRIBUTION
billion,
as at March 31,
2016
AS$AT
SEPTEMBER
30,
2014
Real Estate
$9.4
OUR OFFICES
Infrastructure
$2.8
Foreign
Developed
Market Equities
$17.8
Bonds and
money market
securities
$10.7
Emerging
Market Equities
$10.2
Public Market
Investments
$25.7
SOUTH KOREA
Global scale and certainty of assets
MUMBAI
HONG KONG
BARING PRIVATE
EQUITY ASIA
One of the largest
and most established
independent private
equity firms in Asia
GLOBAL
LOGISTIC
PROPERTIES LTD.
(GLP)
JAPAN
US$704M Invested
CAPITALAND
One of Asia’s largest
real estate companies
headquartered and
listed in Singapore
CHINA
US$314.5M Invested
SHAPOORJI
PALLONJI
GROUP
INDIA
US$200M Invested
POSTAL SAVINGS
BANK OF CHINA
CHINA
US$500M Invested
HONG KONG
BROADBAND
NETWORK
(HKBN)
®
Capital Management, L.L.C.
HONG KONG
US$210M Invested
TSING YI
HONG KONG
$285M Invested
300
MULTIPLE
ALTERNATE ASSET
MANAGEMENT
INDIA
US$300M Invested
嘉民
INTOLL GROUP
AUSTRALIA
A$3.4B Invested
FARALLON CAPITAL
MANAGEMENT L.L.C.
Global institutional asset
management firm founded
in 1986 managing equity
capital for institutions
GLOBAL LOGISTIC
PROPERTIES LTD.
A leading provider of
modern logistics facilities
in China, Japan, Brazil
and the USA
INTERLINK
16
Pr
oj
ec
t
Pr 20 ed
oj 20
ec *
t
20 ed
30 *
15
14
518
ALIBABA
GROUP
HOLDING
LTD.
Home plus
GOODMAN
One of the largest global
property firms operating
in Australia, New Zealand,
Asia, Europe, U.K., U.S.
and Brazil
20
20
20
20
13
C$ BILLIONS
550
500
450
400
350
300
265 279
250
219
183
200
148 162
150
100
50
0
12
CHINA
US$534M Invested
Private
Investments
$3.1
Real Estate
Investments
$9.4
11
FOUNTAINVEST
PARTNERS
¥3,300M Invested
HOMEPLUS
Investment
Partnerships
$13.1
20
FOUNTAINVEST
I/II
OUR TEAM
Over 70 professionals in our Hong Kong
and Mumbai offices
Other debt
$0.4
BY DEPARTMENTS
billion,
as at March 31,
2015
AS$AT
SEPTEMBER
30,
2014
20
Some of our
Regional Partners
FISCAL YEAR ENDING MARCH 31
* Projections made 2013.
Our scale and certainty of assets provide us a long
investment horizon (20+ years in some asset
classes) and ability to fund large scale transactions.
LARSEN
& TOUBRO
INDIA
US$332M Invested
DEXUS OFFICE
TRUST AUSTRALIA
AUSTRALIA
A$1.5B Invested
HILLHOUSE
CAPITAL GROUP
Leading investment
management firm focused
on long-term fundamental
equity investments with
a global mandate
Contacts
Appointment Pending
Head of Asia Pacific
FUNDAMENTAL
INVESTING
(Asia ex Japan)
Agus Tandiono
[email protected]
+852 3973 8740
FUNDAMENTAL
INVESTING
(Japan)
Prem Samtani
[email protected]
+852 3973 8739
RELATIONSHIP
INVESTMENTS
Deborah Orida
[email protected]
+852 3973 8751
PRIVATE EQUITY
ASIA
REAL ESTATE
INVESTMENTS
Suyi Kim
[email protected]
+852 3973 8787
Jimmy Phua
[email protected]
+852 3973 8777
EXTERNAL PORTFOLIO
MANAGEMENT
PRINCIPAL CREDIT
INVESTMENTS
Ted Lee
[email protected]
+852 3973 8772
Manjot Rana
[email protected]
+44 20 3205 3444
PUBLIC AFFAIRS AND
COMMUNICATIONS
INDIA
Yan Hai
[email protected]
+852 3959 3408
Vikram Desai
[email protected]
+91 22 6151 4461