Canadian pension giant turns to Blackstone, KKR to seal infrastructure megadeals

The Canadian Pension Plan Investment Board (CPPIB) is now collaborating with major private equity firms like Blackstone and KKR to pursue large infrastructure projects. Instead of directly investing in companies, CPPIB is backing these private funds, signaling a strategic shift in its investment approach. This move could enhance its ability to manage risk and tap into lucrative global infrastructure opportunities, potentially reshaping how it allocates its vast investment portfolio. This change underscores the evolving landscape of pension fund investments and their increasing reliance on private capital groups to achieve long-term growth and stability.