CPPIB Latin America - Canada Pension Plan Investment Board

UPDATED JUNE 2016
CPPIB Latin America
CPPIB total assets are over $278.9 billion as at March 31, 2016.
We have been directly investing in Latin America since 2006, and
established an office in São Paulo in 2014.
CPPIB is a significant and growing investor in Latin America with
holdings in real estate, infrastructure, public equities, debt, and
private equity funds.
Over $8.2 billion invested regionally as at March 31, 2016.
Overview
CPPIB is a professional investment management organization that invests
the funds of the Canada Pension Plan on behalf of its 19 million Canadian
contributors and beneficiaries. CPPIB has a global focus with over $200 billion
invested outside Canada and offices in Toronto, London, Hong Kong,
São Paulo, Luxembourg, Mumbai, and New York.
CPPIB is a significant and growing investor in Latin America with real estate,
public equities, private equity funds, and direct investments totaling over
$8.2 billion.
Our Latin American portfolio includes:
• $4.7 billion in private investments, including funds and direct investments
in infrastructure and debt;
• $1.4 billion in real estate investments primarily through direct investments
alongside regional partners.
• $1.2 billion in public market equities
• $0.9 billion in public and private equity funds
Our presence in Sao Paulo underscores our long-term commitment to
invest in Latin America. Through this office, we seek to build and maintain
strong relationships with regional partners while also closely monitoring
our investments in the region.
All funds are Canadian dollars unless otherwise stated.
Latin American
Portfolio - $8.2 billion
Select Investments
ASSET DISTRIBUTION
OUR OFFICE
$ billion, as at March 31, 2016
Infrastructure
$4.5
SÃO PAULO
Real Estate
$1.4
Emerging
Market Equities
$1.4
BY DEPARTMENTS
$ billion, as at March 31, 2016
Real Estate
Investments
$1.4
Investment
Partnerships
$0.9
SQUADRA
BRAZIL
US$250M
Commitment in
L-O and L-B Funds
TRANSPORTADORA DE GAS
DEL PERÚ
15
14
13
12
11
16
Pr
oj
ec
t
Pr 20 ed
oj 20
ec *
t
20 ed
30 *
20
20
20
20
20
20
* 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.
US$480M Invested 27.6% Interest
NOVA IGUAÇU
SHOPPING
CENTRE
BRAZIL
R$187M Invested
TRANSELEC
FISCAL YEAR ENDING MARCH 31
ALIANSCE
SHOPPING
CENTERS S.A.
PERU
US$987M Invested 44.8% Interest
518
300
2 joint venture
partnerships with
R$507M and
US$435M Invested
BRAZIL
Global scale and certainty of assets
C$ BILLIONS
550
500
450
400
350
300
265 279
250
219
183
200
148 162
150
100
50
0
ALIANSCE
One of Brazil’s top
publicly traded real estate
operating companies
BRAZIL
Private
Investments
$4.7
Public Market
Investments
$1.2
OUR TEAM
14 professionals located in São Paulo
GLOBAL LOGISTIC
PROPERTIES
Bonds and money
market securities
$0.6
Other Debt
$0.3
Some of our
Regional Partners
CHILE
US$670M Invested 27.7% Interest
CYRELA
COMMERCIAL
PROPERTIES S/A
BRAZIL
Multiple discretionary
joint ventures
GRUPO
COSTANERA
CHILE
$1.14B Equity
Investment 49.99% Interest
PATRIA
INVESTIMENTOS
BRAZIL
US$100M commitment
to PE Fund V
GLOBAL LOGISTIC
PROPERTIES LTD.
A leading provider of
modern logistics facilities
in China, Japan, Brazil
and the USA
GRUPO GRANA Y
MONTERO
A group of 26 engineering
and infrastructure service
companies operating in 7
countries in Latin America
MONEDA
Leading Latin American
financial asset manager
with over US$4.5 billion
under management
SPX CAPITAL
SPX Capital is an asset
management firm focused
on gradual and sustainable
growth for the long-term
TARPON
An independent asset
manager dedicated to
public and private equity
investments
Contacts
Rodolfo Spielmann
Head of Latin America
[email protected]
+55 11 3216 5725
REAL ESTATE
INVESTMENTS
EXTERNAL PORTFOLIO
MANAGEMENT
INFRASTRUCTURE
Marcela Drigo
[email protected]
+55 11 3216 5723
Ciana Becker
[email protected]
+1 416 874 5101
Bruce Hogg
[email protected]
+1 416 874 5211
NATURAL
RESOURCES
FUNDS
Avik Dey
[email protected]
+1 416 972 8317
Julie Gray
[email protected]
+1 416 479 5980
Ricardo Szlejf
[email protected]
+55 11 3216 5719
PRINCIPAL CREDIT
INVESTMENTS
AGRICULTURE
Lori Vainer
[email protected]
+1 416 874 5452
Mustafa Humayun
[email protected]
+1 416 479 5822
SECONDARIES
& CO-INVESTMENTS
DIRECT PRIVATE
EQUITY
Giorgio Riva
[email protected]
+1 416 479 5557
Sam Blaichman
[email protected]
+1 416 874 5239
Angus Selby
[email protected]
+44 20 3205 3521
BUSINESS
DEVELOPMENT
Maria Montero
[email protected]
+1 416 479 5591