Canada Pension Fund Aims to Double Investment in Infrastructure

One of Canada’s largest public-pension managers, Ontario Teachers’ Pension Plan, aims to double its infrastructure investments within the next five years.

“We are very much focused on the core infrastructure spectrum, but not exclusively,” senior managing director for infrastructure and natural resources Dale Burgess said in an interview.

Burgess said he’d like to lift the level of investment in the asset class to C$40 billion ($33 billion) from currently C$17.8 billion $14.4 billion), or around 8% of the total portfolio. Overall the infrastructure and natural resources team has 60 people.

The Toronto-based pension manager is especially interested in assets ...