CPPIB and CDPQ Continue Special Relationship with Northleaf Capital Partners

Posted on 09/27/2019


Canada-based Northleaf Capital Partners raised an additional US$ 1 billion in capital from Canadian, U.S., European, and Asian investors. Part of this amount was capital raised from custom private equity and secondaries investment mandates on behalf of Canada Pension Plan Investment Board (CPPIB) and Caisse de dépôt et placement du Québec (CDPQ), respectively. Northleaf has extended its lengthy private equity investment partnership with CPPIB through an evergreen fund structure that will offer CPPIB access to the Canadian private equity market.

Northleaf expanded its customized global secondaries investment partnership with CDPQ which focuses on middle market private company secondary transactions.

Northleaf is a spin-out from TD Bank Group.

Keywords: Caisse de depot et placement du Quebec.