CPP Investments

CPP Investments is a professional investment management organization based in Toronto, Canada, established in 1997 to manage the assets of the Canada Pension Plan. Its primary mandate is to invest these assets in a manner that prioritizes the best interests of Canadian contributors and beneficiaries while seeking to maximize investment returns without exposing the fund to undue risk. The organization was created in response to demographic challenges that threatened the sustainability of the Canada Pension Plan, as fewer workers were supporting a growing number of retirees. CPP Investments diversifies its portfolio across various asset classes, including public equity, private equity, real estate, and infrastructure, to ensure long-term growth and stability for the pension fund.

Rahul Bhalodia

Principal, Sustainable Energies

Tania Sztamfater Chocolat

Managing Director

Andrew Edgell

Senior Managing Director and Global Head of Credit Investments

Bruce Hogg

Senior Principal at CPP Investment Board

Derek Jackson

Managing Director

Manroop Jhooty

Senior Managing Director and Head of Total Fund Management

Pascal Keutgens

Managing Director, Direct Private Equity

Hafiz Lalani

Managing Director

Scott Lawrence

Managing Director, Head of Infrastructure

Arielle Lynn

Associate, Growth Equity

Paul McCracken Ph.D

Managing Director, Growth Equity

Deborah Orida

Head of Asia Private Equity

Bill Rogers

Managing Director and Global Head of Sustainable Energies

Paul Sinibaldi

Managing Director and Head of Technology Infrastructure

Dushy Sivanithy

Senior Principal - Funds, Managing Director and Head of Secondaries

Geoffrey Souter

Managing Director and Head of Real Assets Credit

Heather Tobin

Senior Managing Director and Global Head of Capital Markets and Factor Investing

Judy Wade

Managing Director and Head of Strategy Execution and Relationship Management

Jonathan Webster Ph.D

COO and Senior Managing Director

Kristopher Weiner

Head of New York Office, Managing Director and Global Leadership Team

Ben Mason

Managing Director and Head of European Credit

Sam Blaichman

Managing Director and Head of Direct Private Equity

Past deals in Ontario

Rogers Communications

Post in 2025
Rogers Communications Inc. is a prominent communications and media company based in Toronto, Canada. It operates through three main segments: Wireless, Cable, and Media. The company is the largest wireless service provider in Canada, serving over 10.8 million subscribers with mobile Internet access, voice services, and a range of business solutions. Its cable division provides home Internet, television, and landline phone services, contributing significantly to overall revenue. Additionally, Rogers has a substantial media presence, owning and operating various television and radio stations, including Sportsnet and Citytv, as well as the Toronto Blue Jays and the Rogers Centre event venue. The company was founded in 1960 and has evolved its services to include advanced technologies such as smart home monitoring and cloud solutions, further solidifying its position in the Canadian telecommunications landscape.

Hydrostor

Convertible Note in 2025
Hydrostor Inc. is a company based in Toronto, Canada, that specializes in developing and operating compressed air energy storage systems. Founded in 2010, Hydrostor's technology offers a solution for addressing the electricity system's needs for dispatchable capacity and renewable energy integration. The company's systems provide long-duration, emission-free energy storage, capable of delivering hundreds of megawatts for 4 to 24 hours, making them suitable for both behind-the-meter applications and remote operations, particularly in mines and large industrial facilities. Hydrostor's approach also allows for the repurposing of retired fossil fuel plants and utilizes existing mining infrastructure. The company serves clients primarily in the United States, Australia, and Canada, and has established a strategic partnership with AECOM to enhance its service offerings.

Hydrostor

Debt Financing in 2022
Hydrostor Inc. is a company based in Toronto, Canada, that specializes in developing and operating compressed air energy storage systems. Founded in 2010, Hydrostor's technology offers a solution for addressing the electricity system's needs for dispatchable capacity and renewable energy integration. The company's systems provide long-duration, emission-free energy storage, capable of delivering hundreds of megawatts for 4 to 24 hours, making them suitable for both behind-the-meter applications and remote operations, particularly in mines and large industrial facilities. Hydrostor's approach also allows for the repurposing of retired fossil fuel plants and utilizes existing mining infrastructure. The company serves clients primarily in the United States, Australia, and Canada, and has established a strategic partnership with AECOM to enhance its service offerings.

Untether AI

Venture Round in 2021
Untether AI Corporation, based in Toronto, Canada, specializes in manufacturing neural net-based inference processors and chips designed to enhance artificial intelligence applications. Established in 2017, the company focuses on developing a new class of specialized processors that minimize complexity while ensuring efficient neural net inference operations. By positioning processing capabilities close to memory, Untether AI's technology significantly reduces the energy required for inference tasks, which are crucial for devices such as augmented reality headsets and wearables. This innovative architecture not only maximizes inference output but also operates within strict energy budgets, making it highly suitable for various applications where traditional inference technologies may fall short. As the demand for efficient AI processing continues to grow, Untether AI is well-positioned to address these challenges with its scalable and resource-efficient solutions.

Sensibill

Series B in 2019
Sensibill Inc., founded in 2012 and based in Toronto, Canada, operates a cloud-based application that simplifies receipt management for users. The company's platform allows consumers to track their spending and manage their finances effectively by capturing both paper and electronic receipts. This digital receipt management solution empowers financial institutions to provide personalized insights, helping customers develop healthier financial habits. By analyzing SKU-level data and purchase behavior, Sensibill unlocks valuable insights that support revenue growth for these institutions. The technology has reached over 60 million users across North America and the U.K., facilitating easier reconciliation of bank statements, returns, exchanges, expenses, taxes, and accounting.

Mitchell International

Private Equity Round in 2018
Mitchell International, Inc. is a leading software company based in San Diego, recognized for its significant workforce, which is nearing 2,000 employees. The company is expanding its presence not only in San Diego but also in several other cities, including Irvine, Toronto, San Francisco, Rochester, Coppell, Evansville, and Albuquerque. Mitchell International offers competitive compensation and benefits, alongside promising career growth opportunities. Its rapid expansion has earned it recognition as one of the fastest-growing companies in San Diego.

Battle North Gold

Post in 2015
Battle North Gold Corporation is an exploration company focused on gold mining, primarily in Canada and the United States. The company holds a 100% interest in the Phoenix Gold project located in the Red Lake gold district of northwestern Ontario, which is recognized for its rich mineral deposits. Additionally, Battle North controls the second-largest exploration ground in this district, encompassing approximately 285 square kilometers. The company also possesses an extensive land package of about 900 square kilometers in the Long Canyon gold district, situated along the Nevada-Utah border. Founded in 1996 and headquartered in Toronto, Canada, Battle North was previously known as Rubicon Minerals Corporation before rebranding in July 2020. The company's goal is to develop the Bateman Gold Project into a significant gold producer within the Red Lake region.
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